Quarterly report pursuant to Section 13 or 15(d)

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

v2.4.1.9
STOCK OPTIONS/STOCK-BASED COMPENSATION AND WARRANTS (Tables)
3 Months Ended
Mar. 31, 2015
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 three months ended March 31, 2015:

   
Three Months Ended
March 31, 2015
 
   
Number of
Shares
   
Weighted-Average
Price
 
Restricted Stock Awards:
           
Restricted Shares Outstanding at the Beginning of Period
    538,499     $ 13.54  
Shares Granted
    497,854       8.61  
Lapse of Restrictions
    (64,759 )     14.67  
Restricted Shares Outstanding at End of Period
    971,594     $ 10.94