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STOCK-BASED COMPENSATION PLANS (Tables) | 12 Months Ended
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Dec. 31, 2019
STOCK-BASED COMPENSATION PLANS |
Schedule of the status of stock appreciation rights and changes |
|  | Stock Appreciation Rights |  | Weighted Average Grant Date Assigned Value
Outstanding, December 31, 2016 |  | 116,280 |  | $ | 5.66
Granted |  | — |  |  | —
Exercised |  | — |  |  | —
Forfeited |  | — |  |  | —
Outstanding, December 31, 2017 |  | 116,280 |  | $ | 5.66
Granted |  | — |  |  | —
Exercised |  | (24,480) |  |  | 5.43
Forfeited |  | — |  |  | —
Outstanding, December 31, 2018 |  | 91,800 |  | $ | 5.73
Granted |  | 110,160 |  |  | 16.32
Exercised |  | (91,800) |  |  | 5.73
Forfeited |  | — |  |  | —
Outstanding, December 31, 2019 |  | 110,160 |  | $ | 16.32
Exercisable, December 31, 2019 |  | 79,560 |  | $ | 16.32
Exercisable, December 31, 2018 |  | 91,800 |  | $ | 5.73
A further summary of outstanding stock appreciation rights as of December 31, 2019, is as follows:
|  |  |  |  |  | Weighted Average
|  |  |  |  |  | Remaining
Range of Grant Date Assigned Values |  | Outstanding |  | Exercisable |  | Contractual Term
$ 16.32 |  | 110,160 |  | 79,560 |  | 9.7 | years

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