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STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of stock option activity under the 2011 Long-Term Incentive Plan

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of March 31, 2020, and changes during the three months ended March 31, 2020, are presented below: 

 

    Stock
Options		     Weighted average
exercise price		     Weighted
average remaining
contractual term		     Aggregate
intrinsic value		  
Outstanding as of January 1, 2020     379,800     $ 7.54       6.1     $ 22  
Granted     70,000       1.68                  
Exercised     —       —                  
Forfeited     (2,000 )     15.05                  
Outstanding as of March 31, 2020     447,800     $ 6.59       7.50     $ —  
Exercisable as of March 31, 2020     374,467     $ 7.50       6.90     $ —