STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2012

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION [Abstract]

Activity in Unvested Restricted Common Stock

Activity in unvested restricted common stock is summarized as follows:

	2012					2011					2010
	Restricted Shares			Weighted- Average Grant Date Fair Value		Restricted Shares			Weighted- Average Grant Date Fair Value		Restricted Shares			Weighted- Average Grant Date Fair Value
Unvested at January 1		20,822		$	17.21		310,216		$	5.58		144,943		$	22.14
Granted		--			--		--			--		224,720			1.38
Vested		(6,822	)		17.95		(240,794	)		3.58		(28,372	)		31.25
Forfeited		(6,000	)		33.16		(48,600	)		10.52		(31,075	)		29.00
Unvested at December 31		8,000		$	4.61		20,822		$	17.21		310,216		$	5.58

Summary of Stock Stock Option Activity

Stock options have been granted to certain officers and directors which provide for the purchase of shares of the Corporation's common stock.  Stock options are granted at an exercise price equal to the fair value of common stock on the grant date.  All such stock options expire at varying periods up to seven years after the grant date.  Stock option activity is summarized as follows:

	Number Outstanding			Exercise Price Range					Weighted Average Exercise Price
Outstanding at January 1, 2010		2,504,483		$	2.01	to	$	46.20	$	24.61
Granted in 2010		206,656			1.78	to		1.96		1.95
Exercised in 2010		(10,000	)		2.01	to		2.01		2.01
Cancelled or expired in 2010		(955,537	)		2.01	to		46.20		25.57
Outstanding at December 31, 2010		1,745,602			1.78	to		46.20		21.53
Granted in 2011		755,000			0.06	to		0.09		0.06
Cancelled or expired in 2011		(337,168	)		1.78	to		37.48		24.32
Outstanding at December 31, 2011		2,163,434			0.06	to		46.20		13.61
Exercised in 2012		(250,000	)		0.06	to		0.06		0.06
Cancelled or expired in 2012		(846,148	)		0.06	to		46.20		28.22
Outstanding at December 31, 2012		1,067,286		$	0.06	to	$	46.20	$	5.20

Fair Value Assumption

Fair value assumptions included the following:

	2011	2010
Risk-free interest rate	0.85% and 0.88%	2.01% and 2.62%
Stock price volatility	0.99 and 1.23	0.85 and 0.76
Dividend yield	--	--
Expected option life	5 years and 3.37 years	4.5 years and 5 years

Summary of Stock Options Outstanding Segregated by Exercise Price Range

As of December 31, 2012, substantially all outstanding stock options were vested, currently exercisable and had a weighted average remaining contractual life of 2.47 years.  The following table summarizes stock options outstanding and segregated by exercise price range as of December 31, 2012:

			Weighted Average
Exercise Price Range	Number Outstanding		Exercise Price		Remaining Contractual Life
$  0.00 to   5.99		821,894	$	0.91	2.62 years
$  6.00 to   9.99		52,140		6.04	3.10 years
$20.00 to 24.99		183,887		22.03	1.66 years
$35.00 or more		9,365		46.20	1.00 years
		1,067,286	$	5.20