Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS/STOCK-BASED COMPENSATION AND WARRANTS (Tables)

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STOCK OPTIONS/STOCK-BASED COMPENSATION AND WARRANTS (Tables)
9 Months Ended
Sep. 30, 2013
STOCK OPTIONS/STOCK-BASED COMPENSATION AND WARRANTS [Abstract]  
Restricted stock activity
The following table reflects the outstanding restricted stock awards and activity related thereto for the nine months ended September 30, 2013:

 
Nine Months Ended
September 30, 2013
 
 
Number of
Shares
 
Weighted-Average
Price
 
Restricted Stock Awards:
 
 
Restricted Shares Outstanding at the Beginning of Period
   
777,437
   
$
18.93
 
Shares Granted
   
299,401
     
15.38
 
Shares Forfeited
   
(37,697
)
   
16.85
 
Lapse of Restrictions
   
(361,103
)
   
19.15
 
Restricted Shares Outstanding at September 30, 2013
   
678,038
   
$
17.37