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INCENTIVE STOCK PLANS
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
INCENTIVE STOCK PLANS
6. INCENTIVE STOCK PLANS

 

A summary of the status of the outstanding incentive stock plans is presented below:

 

    Shares     Weighted
Average
Exercise Price
    Weighted Average
Remaining
Life-years
 
                   
Options outstanding at January 1, 2016     1,099     $ 2,008       1.32  
Options exercisable at September 30, 2016     1,099     $ 2,008       .82  

 

All compensation costs for the above options have been previously recognized in operations.  As of September 30, 2016, the aggregate intrinsic value of the stock options outstanding and exercisable was $0. There were no option grants made in the three month periods ended September 30, 2016 and 2015.