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STOCK OPTIONS (Tables)

9 Months Ended

Sep. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of stock option activity

The following table summarizes stock option activity during the nine months ended September 30, 2015:

	Number of Options			Weighted-Average Exercise Price
Outstanding at January 1, 2015	685,984			$	6.56
Granted	641,560			1.51
Forfeited	(39,469	)		4.88
Expired	(88,361	)		10.60
Outstanding at September 30, 2015	1,199,714			$	3.62
Exercisable at September 30, 2015	325,111			$	6.68

Summary of SARs activity

The following table summarizes SARs activity under the Plan during the nine months ended September 30, 2015:

	Number of SARs			Weighted-Average Exercise Price
Outstanding at January 1, 2015	98,333			$	4.14
Outstanding at September 30, 2015	98,333			$	4.14
Exercisable at September 30, 2015	55,833			$	4.32

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- References

No definition available.

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- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 718



-SubTopic 10



-Section 50



-Paragraph 2



-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 718



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

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- Definition

Tabular disclosure of the changes in other outstanding share-based compensation awards other than stock options or nonvested awards.

+ 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

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