STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock options plans

A summary of the status of the Company’s stock option plans as of June 30, 2016 and changes during the six months ended June 30, 2016 is as follows:

	Options			Weighted average exercise price		Weighted average remaining contractual term (in years)		Aggregate intrinsic value
Outstanding at beginning of period		269,983		$	11.29
Forfeited		(55,000	)		15.27
Outstanding and vested at end of period		214,983		$	10.27		1.59	$	40,049