STOCK BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2013

STOCK BASED COMPENSATION

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

	Nine months ended September 30,
	2013		2012
Dividend yield	0	%	0	%
Expected volatility	70.9	%	73.4	%
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 June 30, 2013	2,140,293		$	2.22
Granted	—		—
Exercised	(462,166	)	0.51
Forfeited or expired	(43,750	)	6.54
Outstanding at September 30, 2013	1,634,377		$	2.59	2.94	$	654
Exercisable at September 30, 2013	780,888		$	2.26	1.39	$	572

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	(170,208	)	3.10
Outstanding at September 30, 2013	1,946,252		$	2.00