XML 66 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1
SHARE BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2016
SHARE BASED COMPENSATION [Abstract]  
Schedule of Assumptions Used
 
 
Year Ended December 31, 2014
 
 
 
Average
 
 
 
 
 
 
 
Post-
 
 
 
risk-free
 
 
 
 
 
 
 
vesting
 
Options
 
rate of
 
Exercise
 
Volatility
 
Dividend
 
forfeiture
 
granted
 
return
 
multiple
 
rate
 
yield
 
rate
 
January 28, 2014
 
2.77%
 
3.0-3.5 times
 
93.0%
 
0%
 
3-9.5%
 
 
 
 
Year Ended December 31, 2015
 
 
Average
 
 
 
 
 
 
 
Post-
 
 
 
risk-free
 
 
 
 
 
 
 
vesting
 
Options
 
rate of
 
Exercise
 
Volatility
 
Dividend
 
forfeiture
 
granted
 
return
 
multiple
 
rate
 
yield
 
rate
 
January 12, 2015
 
2.82%
 
1.8-3 times
 
93.0%
 
0%
 
5%-8%
 
 
 
 
 
 
 
 
 
 
 
 
 
July 06, 2015
 
3.20%
 
3 times
 
91.0%
 
0%
 
5%
 
 
 
 
 
 
 
 
 
 
 
 
 
September 09, 2015
 
2.94%-3.08%
 
1.8-3 times
 
91.0%-92.0%
 
0%
 
5%-8%
 
Summary of Stock Option Activity
 
 
 
 
Weighted
 
Weighted
 
 
 
 
 
 
 
Average
 
Average
 
Aggregate
 
 
 
Number of
 
Exercise
 
Remaining
 
Intrinsic
 
 
 
Options
 
Price
 
Contract Life
 
Value
 
Options outstanding on January 1, 2016
 
 
17,528,541
 
 
0.50
 
 
 
 
 
 
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Forfeited
 
 
(147,235)
 
 
0.59
 
 
 
 
 
 
 
Expired
 
 
(2,465)
 
 
0.15
 
 
 
 
 
 
 
Exercised
 
 
(2,119,700)
 
 
0.50
 
 
 
 
 
 
 
Options outstanding on December 31, 2016
 
 
15,259,141
 
 
0.50
 
 
6.46
 
 
4,304,907
 
Options vested or expected to vest on December 31, 2016
 
 
17,037,682
 
 
0.44
 
 
5.79
 
 
5,691,147
 
Options exercisable on December 31, 2016
 
 
11,902,422
 
 
0.47
 
 
6.05
 
 
3,691,299