STOCK BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2013

STOCK BASED COMPENSATION

Schedule of assumptions used to value stock options calculated using the Black-Scholes options pricing model

	Six months ended June 30,
	2013		2012
Dividend yield	0	%	0	%
Expected volatility	70.9	%	73.5	%
Risk-free interest rate	0.5	%	0.5	%
Expected life	3.5 years		3.5 years

Schedule of outstanding stock options and changes during the fiscal year

			Weighted		Weighted
			Average		Average	Aggregate
	Number		Exercise		Remaining	Intrinsic Value
	of Options		Price		Term (in years)	(in thousands)
Outstanding at March 31, 2013	1,966,203		$	2.11
Granted	316,322		3.02
Exercised	(105,732	)	1.61
Forfeited or expired	(36,500	)	7.29
Outstanding at June 30, 2013	2,140,293		$	2.22	2.63	$	1,272
Exercisable at June 30, 2013	1,255,887		$	1.75	1.25	$	1,271

Schedule of restricted share activity

	Shares		Weighted Average Fair Value
Outstanding at December 31, 2012	1,606,460		$	2.54
Granted	886,331		1.87
Vested	(376,331	)	3.52
Forfeited	(138,679	)	3.15
Outstanding at June 30, 2013	1,977,781		$	2.01