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, 2014
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, 2014:

   
Nine Months Ended
September 30, 2014
 
   
Number of
Shares
   
Weighted-Average
Price
 
Restricted Stock Awards:
           
Restricted Shares Outstanding at the Beginning of Period
    592,565     $ 16.84  
    Shares Granted
    156,960       14.08  
    Lapse of Restrictions
    (284,406 )     17.97  
Restricted Shares Outstanding at End of Period
    465,119     $ 15.22