STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2014

STOCK-BASED COMPENSATION

Summary of stock options outstanding and changes during the period

	Number of stock options	Weighted Average Exercise Price
Stock options outstanding at January 1, 2014	309,479	$         19.75
Granted	-	-
Exercised	-	-
Expired	(131,250)	11.60
Canceled or forfeited	(14,000)	31.31
Stock options outstanding at June 30, 2014	164,229	$         25.28
Stock options exercisable at June 30, 2014	113,072	$         35.20

Summary of stock options outstanding and exercisable

	Outstanding Options		Options Exercisable
Stock Option Plan	Number of Options Outstanding	Weighted Average Exercise  Price	Number of Options Exercisable	Weighted Average Exercise  Price
1995 Stock Incentive Plan	8,750	$            31.20	8,750	$             31.20
2004 Stock Incentive Plan	75,481	11.76	34,740	22.34
2004 Director's Plan	74,998	39.68	69,582	42.13
2013 Omnibus Incentive Plan	5,000	2.99	-	-
	164,229	$            25.28	113,072	$             35.20

Summary of RSU activity

	Number of restricted stock units	Weighted-Average Grant Date Fair Value
RSUs outstanding at January 1, 2014	280,000	$             3.31
Granted	431,941	$             2.61
Forfeited	(20,000)	$             2.83
Vested	(59,997)	$             2.83
RSUs outstanding at June 30, 2014	631,944	$             2.89

Summary of RSA activity

	Number of RSAs	Weighted-Average Grant Date Fair Value
RSAs outstanding at January 1, 2014	54,151	$                 5.49
Forfeited	(5,601)	$                 5.39
Vested	(20,230)	$                 5.58
RSAs outstanding at June 30, 2014	28,320	$                 5.44