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STOCK BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2013
STOCK BASED COMPENSATION PLANS [Abstract]  
Share Option and Award Activity
The following table summarizes our equity award activity during the years ended December 31, 2013, 2012 and 2011:
 
 
 
Restricted Stock Award
  
Stock-Settled
Appreciation Rights
  
Options
 
 
 
Shares or
Units
  
Weighted-
Average
Award
 Price
  
 
 
 
Rights
  
Weighted-
Average
Award
Price
  
Shares
  
Weighted-
Average
Exercise
 Price
 
Outstanding at January 1, 2011
  
289,125
   
11.65
   
144,049
   
8.87
   
830,427
   
15.18
 
Granted
  
249,600
   
12.67
   
   
   
   
 
Exercised or restrictions lapsed(1)
  
(104,000
)
  
12.03
   
   
   
(25,000
)
  
10.81
 
Forfeited or expired
  
(2,700
)
  
12.39
   
   
   
(513,327
)
  
15.95
 
Outstanding at December 31, 2011
  
432,025
   
12.13
   
144,049
   
8.87
   
292,100
   
14.20
 
Granted
  
252,700
   
12.34
   
   
   
   
 
Exercised or restrictions lapsed(1)
  
(127,050
)
  
11.87
   
(22,300
)
  
8.94
   
(236,100
)
  
12.89
 
Forfeited or expired
  
(1,750
)
  
12.34
           
(6,000
)
  
12.84
 
Outstanding at December 31, 2012
  
555,925
   
12.28
   
121,749
   
8.85
   
50,000
   
20.56
 
Granted
  
162,150
   
18.15
   
112,000
   
18.14
   
   
 
Exercised or restrictions lapsed(1)
  
(277,975
)
  
12.24
   
(84,049
)
  
8.90
   
(48,000
)
  
20.75
 
Forfeited or expired
  
(3,100
)
  
15.00
   
   
   
(2,000
)
  
15.90
 
Outstanding at December 31, 2013
  
437,000
   
14.46
   
149,700
   
15.78
   
   
 
Exercisable at December 31, 2013
          
37,700
  
$
8.76
   
   
 
Exercisable at December 31, 2012
          
96,224
  
$
8.89
   
50,000
  
$
20.56
 
Exercisable at December 31, 2011
          
80,508
  
$
8.91
   
292,100
  
$
14.20
 
 
(1)
The total intrinsic value of options and stock-settled appreciation rights exercised was approximately $1,312,000, $760,000 and $49,000 in 2013, 2012 and 2011, respectively.