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STOCK-BASED COMPENSATION (Tables) | 6 Months Ended
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Jun. 30, 2019
2015 EIP Plan | Stock Options |
Stock Awards |
Schedule of nonvested stock amortization expense |
|  | For the Three Months Ended |  | For the Six Months Ended |
|  | June 30, |  | June 30, |
|  | 2019 |  | 2018 |  | 2019 |  | 2018 |
General and administrative expenses |  | $ | 229 |  | $ | 214 |  | $ | 411 |  | $ | 337 |
Schedule of stock option activity |
|  | Number of |  | Average Exercise |  | Average Fair |  |  |
|  | Options |  | Price |  | Value |  |  |
Outstanding at January 1, 2019 - Unvested |  | 166,942 |  | $ | 13.01 |  | $ | 7.25 |  |  |
Granted |  | 240,540 |  |  | 8.39 |  |  | 3.76 |  |  |
Exercisable |  | (40,869) |  |  | 13.69 |  |  | 7.55 |  |  |
Exercised |  | — |  |  | — |  |  | — |  |  |
Forfeited |  | — |  |  | — |  |  | — |  |  |
Outstanding at June 30, 2019 - Unvested |  | 366,613 |  | $ | 9.90 |  | $ | 4.93 |  |  |
The following table summarizes certain information about the options outstanding as of June 30, 2019
|  |  | Options Outstanding and Unvested, |  | Options Outstanding and Exercisable, |
|  |  | June 30, 2019 |  | June 30, 2019 |
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 |  | Options |  | Price |  | Life |
$ | 10.43 |  | 366,613 |  | $ | 9.90 |  | 5.22 |  | 129,535 |  | $ | 11.94 |  | 3.07 |
2015 EIP Plan | Restricted Stock Units |
Stock Awards |
Schedule of nonvested stock amortization expense |
|  | For the Three Months Ended |  | For the Six Months Ended |
|  | June 30, |  | June 30, |
|  | 2019 |  | 2018 |  | 2019 |  | 2018 |
General and administrative expenses |  | $ | 340 |  | $ | 421 |  | $ | 610 |  | $ | 788 |
Summary of nonvested restricted stock units |
|  |  |  | Weighted |
|  | Number of |  | Average Grant |
|  | RSUs |  | Date Price |
Outstanding at January 1, 2019 |  | 149,170 |  | $ | 12.42 |
Granted |  | 135,659 |  |  | 8.44 |
Vested |  | (26,745) |  |  | 15.92 |
Forfeited |  | — |  |  | — |
Outstanding at June 30, 2019 |  | 258,084 |  | $ | 9.96 |
The total fair value of the RSUs that vested during the six months ended June 30, 2019 and 2018 was $230 and $450, 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. The following table summarizes certain information of the RSUs unvested and vested as of June 30, 2019:
Unvested RSUs |  | Vested RSUs |
June 30, 2019 |  | June 30, 2019 |
|  |  |  | Weighted |  |  |  |  |
|  | Weighted |  | Average |  |  |  | Weighted |
|  | Average |  | Remaining |  |  |  | Average |
Number of |  | Grant Date |  | Contractual |  | Number of |  | Grant Date |
RSUs |  | Price |  | Life |  | RSUs |  | Price |
258,084 |  | $ | 9.96 |  | 1.47 |  | 320,980 |  | $ | 11.59 |
2015 EIP Plan | Restricted Stock |
Stock Awards |
Schedule of nonvested stock amortization expense |
| For the Three Months Ended |  | For the Six Months Ended |
| June 30, |  | June 30, |
| 2019 |  | 2018 |  | 2019 |  | 2018 |
General and administrative expenses | $ | — |  | $ | 3 |  | $ | — |  | $ | 6 |
Warrants | 2014 MIP Plan |
Stock Awards |
Summary of warrant activity and warrants outstanding | The following table summarizes certain information about the warrants outstanding as of June 30, 2019:
Warrants Outstanding and Unvested, |  | Warrants Outstanding and Exercisable, |
June 30, 2019 |  | June 30, 2019 |
|  |  |  | Weighted |  |  |  |  |  |  | Weighted |
|  | Weighted |  | Average |  |  |  | Weighted |  | Average |
|  | Average |  | Remaining |  |  |  | Average |  | Remaining |
Number of |  | Exercise |  | Contractual |  | Number of |  | Exercise |  | Contractual |
Warrants |  | Price |  | Life |  | Warrants |  | Price |  | Life |
— |  | $ | — |  | — |  | 8,557,461 |  | $ | 303.12 |  | 1.11 |

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