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STOCK-BASED COMPENSATION (Tables)

6 Months Ended

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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