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STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
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Sep. 30, 2016
STOCK-BASED COMPENSATION |
Schedule of weighted-average assumptions used for estimation of the fair value of the options granted under the Plan at the date of grant, using the Black-Scholes Option Valuation Model |
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Risk-free interest rate |  | 1.15 | % |  | — | % |  | 1.15 | % |  | 1.10 | %
Dividend yield |  | 0.25 | % |  | — | % |  | 0.25 | % |  | — | %
Volatility factor of the expected market price of common stock |  | 74 | % |  | — | % |  | 74 | % |  | 74 | %
Weighted-average expected life of option |  | 5 years |  |  | — |  |  | 5 years |  |  | 3.5 years |
Weighted-average grant date fair value |  | 2.36 |  |  | — |  |  | 2.36 |  |  | 0.56 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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