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STOCK BASED COMPENSATION (Tables) | 3 Months Ended
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Mar. 31, 2013
STOCK BASED COMPENSATION |
Summary of stock options outstanding |
|  | Outstanding Options |
|  | Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term —in years |  | Aggregate Intrinsic Value |
Options outstanding at January 1, 2013 |  | 317,270 |  | $ | 24.62 |  |  |  |  |
Granted |  | 60,000 |  | 2.85 |  |  |  |  |
Exercised |  | — |  | — |  |  |  |  |
Canceled or forfeited |  | — |  | — |  |  |  |  |
Options outstanding at March 31, 2013 |  | 377,270 |  | $ | 21.16 |  | 4.2 |  | $ | — |
Options exercisable at March 31, 2013 |  | 293,186 |  | $ | 25.96 |  | 2.7 |  | $ | — |
Schedule of stock options outstanding and currently exercisable |
|  | Options Outstanding |  | Options Exercisable |
Stock Option Plan |  | Number of Options Outstanding |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise price |  | Number of Options Exercisable |  | Weighted Average Exercise Price |
|  |  |  | (in years) |  |  |  |  |  |  |
1995 Stock Incentive Plan |  | 183,406 |  | 1.4 |  | $ | 13.08 |  | 183,406 |  | $ | 13.08 |
2004 Stock Incentive Plan |  | 95,741 |  | 8.0 |  | 16.26 |  | 36,657 |  | 37.21 |
2004 Directors’ Plan |  | 98,123 |  | 5.9 |  | 41.05 |  | 73,123 |  | 52.62 |
|  | 377,270 |  | 4.2 |  | $ | 21.16 |  | 293,186 |  | $ | 25.96 |

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- Definition Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. + References No definition available. + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + 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)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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