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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-Based Compensation Charged
Schedule of Stock Options Activity
A summary of option activity for the nine months ended September 30, 2016 is presented below:
 
Shares

 
Weighted Average Exercise Price per Share

 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value

Outstanding at December 31, 2015
1,666,000

 
$
3.53

 
9.07
 
$
640

Granted
411,392

 
2.46

 
 
 
 
Expired
(63,000
)
 
32.62

 
 
 
 
Outstanding at September 30, 2016
2,014,392

 
$
2.40

 
8.82
 
$
32

Vested and expected to vest
2,014,392

 
2.40

 
8.82
 
32

Exercisable at September 30, 2016
403,000

 
$
2.69

 
8.61
 
$
8

Schedule of Restricted Stock Unit Activity
The following table summarizes information about unvested RSU and PRSU as at September 30, 2016:
 
Number of
Shares / Units

 
Weighted Average
Grant Date
Fair Value

Unvested at December 31, 2015
2,554,597

 
$
2.72

Granted
705,166

 
2.41

Vested
(626,126
)
 
2.83

Unvested at September 30, 2016
2,633,637

 
$
2.61