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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2014
Share-Based Compensation [Abstract]  
Schedule of Assumptions Used
The weighted average input assumptions used and resulting fair values were as follows:
 
 
 
2014
 
2013
 
Expected life (in years)
 
6
 
-
 
Risk-free interest rate
 
1.61
%
-
 
Expected volatility
 
63.15
%
-
 
 
 
 
 
 
 
Dividend yield
 
-
 
-
 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the stock option activity:
 
 
 
 
 
 
 
Weighted-Average
 
Aggregate
 
 
 
 
 
Weighted-Average
 
Remaining Contractual
 
Intrinsic
 
 
 
Shares
 
Exercise Price
 
Life (Yrs)
 
Value
 
Outstanding at December 31, 2013
 
-
 
$
-
 
 
 
 
 
Granted
 
70,542
 
 
26.11
 
 
 
 
 
Exercised
 
-
 
 
-
 
 
 
 
 
Forfeited
 
(2,778)
 
 
27.16
 
 
 
 
 
Expired
 
(389)
 
 
28.81
 
 
 
 
 
Outstanding at December 31, 2014
 
67,375
 
$
26.05
 
8.90
 
505,286
 
Exerciseable at December 31, 2014
 
4,662
 
$
24.26
 
8.14
 
43,310
 
Restricted Stock Activity
The following table summarizes the restricted stock activity:
 
 
 
 
Weighed-Average
 
 
 
 
Shares
 
Grant Date Fair Value
 
Unvested at December 31, 2013
 
 
393,532
 
$
24.23
 
Granted
 
 
23,115
 
 
28.43
 
Vested
 
 
(119,388)
 
 
23.68
 
Forfeited
 
 
(7,333)
 
 
28.81
 
Unvested at December 31, 2014
 
 
289,926
 
$
25.13