STOCK-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2015

STOCK-BASED COMPENSATION PLANS

Summary of restricted stock grants, fair value and performance based awards

For the year ended December 31,	Unvested restricted stock awards	Weighted average grant date fair value		Awards with performance vesting requirements
2015	76,714	$	27.37	41,792
2014	168,334	$	11.26	88,566
2013	423,518	$	7.73	307,214

Summary of restricted stock activity

	Number of Nonvested
	Restricted Shares
Balance, December 31, 2012	243,124
Awarded	423,518
Forfeited	(3,181	)
Vested	(143,266	)
Balance, December 31, 2013	520,195
Awarded	168,334
Forfeited	(42,141	)
Vested	(158,710	)
Balance, December 31, 2014	487,678
Awarded	76,714
Forfeited	(7,066	)
Vested	(190,127	)
Balance, December 31, 2015	367,199

Summary of performance based restricted stock activity

	Total performance grants
Outstanding, December 31, 2012	10,000
Awarded	307,214
Performance criteria met	(267,080	)
Forfeited	(34,944	)
Outstanding, December 31, 2013	15,190
Awarded	88,566
Performance criteria met	(92,583	)
Forfeited	(5,281	)
Outstanding, December 31, 2014	5,892
Awarded	41,792
Performance criteria met	(14,200	)
Forfeited	(4,296	)
Outstanding, December 31, 2015	29,188