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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of option activity
A summary of option activity for the six months ended June 30, 2017 is as follows:
 
 
Number of
Shares
 
Weighted Average
Exercise Price
Outstanding at December 31, 2016
 
605,077

 
$
34.49

Granted
 
47,150

 
3.94

Exercised
 

 

Forfeited
 
(2,534
)
 
5.55

Expired
 
(23,352
)
 
417.84

Outstanding at June 30, 2017
 
626,341

 
$
18.01

 
 
 
 
 
Options vested and expected to vest at June 30, 2017
 
626,341

 
$
18.01

Options exercisable at June 30, 2017
 
239,253

 
$
38.60

Schedule of restricted stock units activity
A summary of RSU activity for the six months ended June 30, 2017 is as follows:
 
Number of RSUs
Weighted Average Remaining Contractual Life (years)
Outstanding at December 31, 2016
21,732

 
Awarded
25,337

 
Common stock issued upon vesting
(32,539
)
 
Forfeited
(163
)
 
Outstanding at June 30, 2017
14,367

1.25
 

 
Weighted average remaining recognition period
1.75