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STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2017

2014 MIP Plan

Nonvested Stock Awards

Summary of nonvested stock awards

				Weighted
		Number of		Average Grant
		Shares		Date Price
Outstanding at January 1, 2017		9,255		$	200.00
Granted		—			—
Vested		—			—
Forfeited		—			—
Outstanding at March 31, 2017		9,255		$	200.00

Schedule of nonvested stock amortization expense

		For the Three Months Ended
		March 31,
		2017			2016
General and administrative expenses		$	152		$	1,536

2015 EIP Plan | Restricted Stock Units

Nonvested Stock Awards

Summary of nonvested stock awards

				Weighted
		Number of		Average Grant
		RSUs		Date Price
Outstanding at January 1, 2017		66,666		$	5.10
Granted		292,398			11.13
Vested		—			—
Forfeited		—			—
Outstanding at March 31, 2017		359,064		$	10.01

The total fair value of the RSUs that vested during the three months ended March 31, 2017 and 2016 was $0 and $12, respectively. The total fair value is calculated as the number of shares vested during the period multiplied by the fair value on the vesting date.    On February 17, 2016, the vesting of 23,286 outstanding RSUs, or 2,328 outstanding RSUs on a post-reverse stock split basis, was accelerated upon the resignation of two members on the Company’s Board of Directors.

The following table summarizes certain information of the RSUs unvested and vested as of March 31, 2017:

Unvested RSUs							Vested RSUs
March 31, 2017							March 31, 2017
					Weighted
		Weighted			Average				Weighted
		Average			Remaining				Average
Number of		Grant Date			Contractual		Number of		Grant Date
RSUs		Price			Life		RSUs		Price
359,064		$	10.01		2.09		7,440		$	71.18

Schedule of nonvested stock amortization expense

		For the Three Months Ended
		March 31,
		2017			2016
General and administrative expenses		$	159		$	155

2015 EIP Plan | Restricted Stock

Nonvested Stock Awards

Summary of nonvested stock awards

				Weighted
		Number of		Average Grant
		Shares		Date Price
Outstanding at January 1, 2017		13,605		$	5.20
Granted		—			—
Vested		—			—
Forfeited		—			—
Outstanding at March 31, 2017		13,605		$	5.20

Schedule of nonvested stock amortization expense

		For the Three Months Ended
		March 31,
		2017			2016
General and administrative expenses		$	8		$	30

2015 EIP Plan | Stock Options

Nonvested Stock Awards

Schedule of nonvested stock amortization expense

		For the Three Months Ended
		March 31,
		2017			2016
General and administrative expenses		$	20		$	—

Schedule of stock option activity

				Weighted			Weighted
		Number of		Average Exercise			Average Fair
		Options		Price			Value
Outstanding at January 1, 2017		—		$	—		$	—
Granted		133,000			11.13			6.41
Exercisable		—			—			—
Exercised		—			—			—
Forfeited		—			—			—
Outstanding at March 31, 2017		133,000		$	11.13		$	6.41

The following table summarizes certain information about the options outstanding as of March 31, 2017:

Options Outstanding and Unvested,

Options Outstanding and Exercisable,

March 31, 2017

March 31, 2017

Weighted

Weighted

Weighted

Average

Weighted

Average

Weighted

Average

Exercise Price of

Average

Remaining

Average

Remaining

Outstanding

Number of

Exercise

Contractual

Number of

Exercise

Contractual

Options

Options

Price

Life

Warrants

Price

Life

$

11.13

133,000

$

11.13

5.98

—

$

—

—

As of March 31, 2017, there were no vested stock options.

Warrants | 2014 MIP Plan

Nonvested Stock Awards

Schedule of nonvested stock amortization expense

		For the Three Months Ended
		March 31,
		2017			2016
General and administrative expenses		$	372		$	3,765

Summary of warrant activity and warrants outstanding

				Weighted			Weighted
		Number of		Average Exercise			Average Fair
		Warrants		Price			Value
Outstanding at January 1, 2017 - Unvested		713,122		$	303.12		$	6.36
Granted		—			—			—
Exercisable		—			—			—
Exercised		—			—			—
Forfeited		—			—			—
Outstanding at March 31, 2017 - Unvested		713,122		$	303.12		$	6.36

The following table summarizes certain information about the warrants outstanding as of March 31, 2017:

Warrants Outstanding and Unvested,

Warrants Outstanding and Exercisable,

March 31, 2017

March 31, 2017

Weighted

Weighted

Weighted

Average

Weighted

Average

Weighted

Average

Exercise Price of

Average

Remaining

Average

Remaining

Outstanding

Number of

Exercise

Contractual

Number of

Exercise

Contractual

Warrants

Warrants

Price

Life

Warrants

Price

Life

$

303.12

713,122

$

303.12

3.36

7,844,339

$

303.12

3.36

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