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STOCK-BASED COMPENSATION PLANS (Tables)
 12 Months Ended
Dec. 31, 2013
STOCK-BASED COMPENSATION PLANS [Abstract]  
Nonvested restricted stock activity
The following table summarizes the Company's nonvested restricted stock activity for the year ended December 31, 2013:
 
 
   
Weighted-Average
 
 
 
Number of
Shares
  
Grant-Date Fair Value
 
 
 
  
 
Nonvested restricted  stock at January 1, 2013
  
18,000
  
$
5.32
 
 
        
Granted
  
130,000
   
3.23
 
 
        
Vested
  
(9,000
)
 
 
5.32
 
 
        
Forfeited
  
-
   
-
 
 
        
Nonvested restricted stock at December 31, 2013
  
139,000
  
$
3.37
 
Stock option activity
The following table summarizes activity in stock options:
 
December 31,
 
2013
  
2012
 
 
 
  
  
Average
  
  
 
 
 
  
Weighted-
  
Remaining
  
  
Weighted-
 
 
 
  
Average
  
Contractual
  
  
Average
 
 
 
  
Exercise
  
Term
  
  
Exercise
 
 
 
Options
  
Price
  
(in years)
  
Options
  
Price
 
 
 
  
  
  
  
 
Outstanding at beginning of year
  
178,000
  
$
3.58
   
2
   
250,000
  
$
4.03
 
 
                    
Granted
  
-
   
-
   
-
   
-
   
-
 
 
                    
Forfeited
  
(64,000
)
  
4.47
   
-
   
(72,000
)
  
5.13
 
 
                    
Exercised
  
-
   
-
   
-
   
-
   
-
 
 
                    
Outstanding at end of year
  
114,000
  
$
3.08
   
1
   
178,000
  
$
3.58
 
 
                    
Outstanding and exercisable at end of year
  
100,000
  
$
3.24
   
1
   
150,000
  
$
3.88
 
 
                    
Weighted-average fair value of options granted during the year
      
-
           
-
 
Summary of information about stock options outstanding and exercisable
The following table summarizes information about stock options outstanding and exercisable at December 31, 2013:
 
  
Options Outstanding
  
Options Exercisable
 
  
  
Weighted-
  
  
  
 
  
  
average
  
Weighted-
  
  
Weighted-
 
  
  
Remaining
  
average
  
  
average
 
Range of
  
Number
  
Contractual
  
Exercise
  
Number
  
Exercise
 
Exercise Prices
  
Outstanding
  
Life/Years
  
Price
  
Exercisable
  
Price
 
$
2.00
   
83,000
   
1.25
  
$
2.00
   
69,000
  
$
2.00
 
$
5.96
   
31,000
   
.50
  
$
5.96
   
31,000
  
$
5.96
 
$
2.00 - $5.96
   
114,000
   
1.00
  
$
3.08
   
100,000
  
$
3.24
 
Nonvested stock option activity
The following table summarizes the Company's nonvested stock option activity for the year ended December 31, 2013:
 
 
   
Weighted-Average
 
 
 
Number of
Shares
  
Grant-Date Fair Value
 
Nonvested stock options at January 1, 2013
  
28,000
  
$
1.02
 
 
        
Granted
  
-
   
-
 
 
        
Vested
  
(14,000
)
  
1.02
 
 
        
Forfeited
  
-
   
-
 
 
        
Nonvested stock options at December 31, 2013
  
14,000
  
$
1.02
 

The following table summarizes the Company's nonvested stock option activity for the year ended December 31, 2012:

 
   
Weighted-Average
 
 
 
Number of
Shares
  
Grant-Date Fair Value
 
Nonvested stock options at January 1, 2012
  
43,000
  
$
1.02
 
 
        
Granted
  
-
   
-
 
 
        
Vested
  
(15,000
)
  
1.02
 
 
        
Forfeited
  
-
   
-
 
 
        
Nonvested stock options at December 31, 2012
  
28,000
  
$
1.02