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SHARE-BASED COMPENSATION PLAN (Tables) | 12 Months Ended
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Dec. 31, 2011
SHARE-BASED COMPENSATION PLAN [Abstract] |
Summary of company's restricted stock awards | The tables below summarize the Company's restricted stock awards in connection with the 2011 Equity Incentive Plan as of December 31, 2011:
| Restricted shares -Employees | Weighted-average grant-date fair value - Employees | Restricted shares - Non-employees | Weighted-average grant-date fair value - Non-employees
Non-vested at January 1, 2011 | - | - | - | -
Granted during the year | 163,000 | $23.88 | 237,000 | $22.06
Vested during the year | - | - | - | -
Forfeited during the year | - | - | - | -
Non-vested at December 31, 2011 | 163,000 | $23.88 | 237,000 | $22.06
The tables below summarize the Company's restricted stock awards as of December 31, 2010:
| Restricted shares -Employees | Weighted-average grant-date fair value - Employees | Restricted shares - Non-employees | Weighted-average grant-date fair value - Non-employees
Non-vested at January 1, 2010 | 2,425 | $31.99 | 1,750 | $31.99
Granted during the year | - | - | - | -
Vested during the year | 2,425 | - | 1,750 | -
Forfeited during the year | - | - | - | -
Non-vested at December 31, 2010 | - | - | - | -

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 718 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph (c)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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