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STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2017		9,255		$	200.00

Schedule of nonvested stock amortization expense

		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
		2017			2016			2017			2016
General and administrative expenses		$	154		$	1,537		$	306		$	3,073

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		317,595			11.05
Vested		(66,666)			5.10
Forfeited		—			—
Outstanding at June 30, 2017		317,595		$	11.05

The total fair value of the RSUs that vested during the six months ended June 30, 2017 and 2016 was $675 and $30, 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 June 30, 2017:

Unvested RSUs							Vested RSUs
June 30, 2017							June 30, 2017
					Weighted
		Weighted			Average				Weighted
		Average			Remaining				Average
Number of		Grant Date			Contractual		Number of		Grant Date
RSUs		Price			Life		RSUs		Price
317,595		$	11.05		2.18		74,106		$	11.73

Schedule of nonvested stock amortization expense

		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
		2017			2016			2017			2016
General and administrative expenses		$	833		$	79		$	992		$	234

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 June 30, 2017		13,605		$	5.20

Schedule of nonvested stock amortization expense

		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
		2017			2016			2017			2016
General and administrative expenses		$	8		$	60		$	16		$	90

2015 EIP Plan | Stock Options

Nonvested Stock Awards

Schedule of nonvested stock amortization expense

		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
		2017			2016			2017			2016
General and administrative expenses		$	198		$	—		$	218		$	—

Schedule of stock option activity

				Weighted			Weighted
		Number of		Average Exercise			Average Fair
		Options		Price			Value
Outstanding at January 1, 2017 - Unvested		—		$	—		$	—
Granted		133,000			11.13			6.41
Exercisable		—			—			—
Exercised		—			—			—
Forfeited		—			—			—
Outstanding at June 30, 2017 - Unvested		133,000		$	11.13		$	6.41

The following table summarizes certain information about the options outstanding as of June 30, 2017:

Options Outstanding and Unvested,

Options Outstanding and Exercisable,

June 30, 2017

June 30, 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

5.73

—

$

—

—

As of June 30, 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						For the Six Months Ended
		June 30,						June 30,
		2017			2016			2017			2016
General and administrative expenses		$	377		$	3,765		$	749		$	7,531

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 June 30, 2017 - Unvested		713,122		$	303.12		$	6.36

The following table summarizes certain information about the warrants outstanding as of June 30, 2017:

Warrants Outstanding and Unvested,

Warrants Outstanding and Exercisable,

June 30, 2017

June 30, 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

3.11

7,844,339

$

303.12

3.11

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