STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2017

STOCK-BASED COMPENSATION [Abstract]

Restricted Stock Activity

Restricted stock activity in the first three months of 2017 was as follows:

	Shares of Restricted Stock			Weighted Average Grant Date Price per Share
Outstanding at January 1, 2017		350,891		$	11.44
Granted		-			-
Forfeited		(21,201	)	$	10.52
Vested		(59,064	)	$	12.12
Outstanding at March 31, 2017		270,626		$	11.37

Summary of Status of Stock Option Awards and Warrants

A summary of the status of our stock option awards and warrants is presented below:

	Number of StockOptions & Warrants			Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Life
Outstanding at January 1, 2017		1,348,437		$	7.79
Granted		--			--
Exercised		(4,350	)		3.90
Expired		--			--
Cancelled		--			--
Forfeited		--			--
Outstanding at March 31, 2017		1,344,087		$	7.80		4.9
Exercisable at March 31, 2017		976,587		$	8.15		5.2