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SHARE-BASED COMPENSATION PLAN (Tables) | 12 Months Ended
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Dec. 31, 2016
SHARE-BASED COMPENSATION PLAN [Abstract] |
Summary of company's restricted stock awards | The tables below summarize the Company’s restricted stock awards as of December 31, 2016:
|  | Restricted shares - Employees |  |  | Weighted- average grant-date fair value - Employees |
Non-vested at January 1, 2016 |  |  | 33,000 |  |  | $ | 9.84 |
Granted during the year |  |  | 137,665 |  |  |  | 14.65 |
Vested during the year |  |  | - |  |  |  | - |
Forfeited during the year |  |  | (13,500 | ) |  |  | (13.40 | )
Non-vested at December 31, 2016 |  |  | 157,165 |  |  |  | 13.75 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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