STOCK OPTION PLANS (Tables)

12 Months Ended

Dec. 31, 2012

The following table summarizes activity of the stock option plans for the years ended December 31, 2012 and 2011:


	Shares Available for Future Grant			Number of Shares Outstanding Under Option			Weighted Average Exercise Price
Balance, January 1, 2011		423,618			670,355		$	4.60
Options granted at market		(224,250	)		224,250			2.32
Options exercised		—			—			—
Options forfeited or expired		154,585			(157,585	)		2.95

Balance, December 31, 2011		353,953			737,020		$	4.26
Options granted at market		(54,250	)		54,250			0.54
Options exercised		—			—			—
Options forfeited or expired		81,467			(84,467	)		1.83

Balance, December 31, 2012		381,170			706,803		$	4.27

Summary of Non-Vested Shares

A summary of the non-vested shares as of December 31, 2012 and changes during the year ending December 31, 2012 is presented below:


Non-vested Shares	Shares			Weighted- Average Grant-Date Fair Value
Non-vested at January 1, 2012		83,463		$	2.28
Granted		54,250			0.39
Vested		(63,109	)		2.50
Forfeited		(69,002	)		0.69

Non-vested at December 31, 2012		5,602		$	0.99

Summary of Non-Vested Shares Activity

A summary of the non-vested shares that vested, some being contingent upon achievement of certain performance criteria, under the 2003 Plan as of December 31, 2012 and changes during the year then ended is presented below. These shares were also reflected in the summary above.


Performance Based Non-vested Shares	Shares			Weighted-Average Grant-Date Fair Value
Non-vested at January 1, 2012		28,980		$	2.57
Granted		—			—
Vested		(28,980	)		2.57
Forfeited		—			—

Non-vested at December 31, 2012		—		$	—

Performance Based Stock Options

Summary of Stock Option Activity

A summary of activity of options that vest contingent upon achievement of certain performance criteria under the 2003 Plan as of December 31, 2012 and changes during the year then ended is presented below. These shares were also included in the summary of activity of stock option plans for the year ended December 31, 2012 above.


Performance Based Shares	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2011		132,260		$	4.14		6.18	$	—
Granted		130,000			2.15
Options exercised		—			—
Forfeited or expired		(101,020	)		2.15

Outstanding at December 31, 2011		161,240		$	3.79		6.74	$	—
Granted		—			—
Options exercised		—			—
Forfeited or expired		—			—

Outstanding at December 31, 2012		161,240		$	3.79		4.91	$	—


Exercisable at December 31, 2012		161,240		$	3.79		4.91	$	—