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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2018
STOCK-BASED COMPENSATION [Abstract]  
Schedule of stock option activity

Stock Options

The following tables summarize stock option activity:


For the year ended December 31, 2018

Number of Shares

Weighted Average Exercise Price per Share
Weighted Average Remaining Contractual Term (in years)
Aggregate Intrinsic Value
Options outstanding at December 31, 2017
85,750

$ 5.78

4.00
$
Granted


$


$
Exercised


$


$
Expired
(12,000 )
$ 5.76


$
Forfeited
(34,750 )
$ 5.26


$ 363













Options outstanding at December 31, 2018
39,000

$ 6.26

2.80
$ 4,480
Options exercisable at December 31, 2018
39,000

$ 6.26

2.80 $ 4,480



For the year ended December 31, 2017

Number of Shares

Weighted Average Exercise Price per Share
Weighted Average Remaining Contractual Term (in years)
Aggregate Intrinsic Value
Options outstanding at December 31, 2016
132,500

$ 6.15

4.50
$
Granted


$


$
Exercised


$


$
Expired
(22,000 )
$ 8.26


$
Forfeited
(24,750 )
$ 5.55


$













Options outstanding at December 31, 2017
85,750

$ 5.78

4.00
$
Options exercisable at December 31, 2017
79,875

$ 5.90

3.90 $

 

Table summarizes restricted stock award activity

The following table summarizes restricted stock award activity for 2018 and 2017

 

 

2018


2017

   

Number of Shares

 

Weighted Average Grant Date Fair Value


Number of Shares
Weighted Average Grant Date Fair Value









Awards outstanding at beginning of year

32,000

 

 

$

2.95




$

Granted

85,619

 

 

$

3.71


115,975

$ 3.08

Vested

(43,408

)

 

$

4.08


(83,975 )
$ 3.13

Forfeited

(15,334

)

 

$

2.95




$

 

 

 

 

 

 







Awards outstanding at end of year

58,877

 

 

$

3.22


32,000

$ 2.95