STOCK BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2014

STOCK BASED COMPENSATION

Summary of stock options outstanding and changes during the period

	Outstanding Options
	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term  (Years)	Aggregate Intrinsic Value
Balance, January 1, 2014	309,479	$	19.75
Granted	—	—
Exercised	—	—
Canceled or forfeited	—	—
Balance, March 31, 2014	309,479	$	19.75	3.66	$	1,650
Options exercisable, March 31, 2014	256,656	$	23.04	2.57	$	427

Summary of stock options outstanding and currently exercisable

	Outstanding Options				Options Exercisable
Stock Option Plan	Number of Options Outstanding	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Number of Options Exercisable	Weighted Average Exercise Price
1995 Stock Incentive Plan	145,906	0.38	$	13.46	145,906	$	13.46
2004 Stock Incentive Plan	83,575	7.25	13.85		42,834	24.42
2004 Directors’ Plan	74,998	5.63	39.68		67,916	42.74
2013 Omnibus Incentive Plan	5,000	9.75	2.99		—	—
	309,479	3.66	$	19.75	256,656	$	23.04

Summary of RSU activity

	Number of Shares		Weighted-Average Grant Date Fair Value
Balance, January 1, 2014	280,000		$	3.31
Granted	—		$	—
Forfeited	—		$	—
Vested	(33,333	)	$	2.83
Balance, March 31, 2014	246,667		$	3.37

Summary of the status of non-vested shares of restricted stock

	Number of Shares		Weighted- Average Grant Date Fair Value
Balance, January 1, 2014	54,151		$	5.49
Granted	—		$	—
Forfeited	(1,851	)	$	2.73
Vested	(11,482	)	$	2.73
Balance, March 31, 2014	40,818		$	6.39