STOCK BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2014

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

Summary of stock based compensation expense

A summary of stock based compensation expense is as follows (in thousands):

	Three Months Ended   September 30,					Nine Months Ended   September 30,
	2014			2013		2014			2013
Restricted stock/unit awards (“RSA”)	$	109		$	87	$	327		$	277
Performance share incentives (“PSI”)	(170		)	35		(170		)	95
	$	(61	)	$	122	$	157		$	372

Schedule of unrecognized compensation and the expected weighted-average recognition periods with respect to the outstanding RSAs

Unrecognized compensation and the expected weighted-average recognition periods with respect to the outstanding RSAs as of September 30, 2014 and December 31, 2013, are as follows:

	September 30, 2014		December 31, 2013
Unrecognized compensation cost (in thousands)	$	826	$	1,179
Expected weighted-average recognition period for unrecognized compensation cost (in years)	1.9		2.6