OTHER EQUITY TRANSACTIONS (Tables)

3 Months Ended

Mar. 31, 2017

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

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following shares issued during 2017 were recorded in expense or prepaid asset using the grant-date fair value of the stock:

		Expense/	Stock		Total no.
Date of	Type of	Prepaid/	issuance	Reason for	of		Grant date fair value recorded at issuance
issuance	issuance	Cash	recipient	issuance	shares		(in thousands)
January 2017	Vested restricted common stock	Expensed	Four board members	Director compensation		7,448	$	50
January and February 2017	Common stock	Expensed	Two Employees	Approved bonus		24,578		168	(1)
January 2017	Common stock	Expensed	Related party	Q4 Royalty Fee		1,233		8	(1)
January and February 2017	Common stock	Expensed	Two Employees	Cashless stock option exercises		245		—	(2)
						33,504	$	226	(3)

⁽¹⁾ Bonuses and royalty were accrued and expensed in 2016

⁽²⁾ The Company received $— for the issuance in the cashless option exercises.

⁽³⁾ Does not include stock expense of $41 thousand included in accrued liabilities at March 31, 2017.