INCENTIVE PLANS (Tables)

12 Months Ended

Dec. 31, 2014

INCENTIVE PLANS

Summary of assumptions used under stock options activity

	2013
Expected volatility	49.67% - 53.06%
Expected dividends	None
Expected term (in years)	5.5 - 7
Risk-free rate	1.43% - 1.50%

Summary of option activity

.  

	Options			Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value
Outstanding—January 1, 2014		216,000		$	6.46
Granted		—			—
Cancelled		(35,000	)		6.99
Outstanding—December 31, 2014		181,000		$	6.36		2.92	$	75,250
Exercisable on December 31, 2014		163,168		$	6.70		2.35	$	31,027

Summary of the liability and changes during the years

	2014		2013
Beginning Balance	$	81,000	$	101,000
Additions		178,000		67,000
Payments		—		(87,000	)
Ending Balance	$	259,000	$	81,000