Quarterly report pursuant to Section 13 or 15(d)

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

v3.3.0.814
STOCK OPTIONS/STOCK-BASED COMPENSATION AND WARRANTS (Tables)
9 Months Ended
Sep. 30, 2015
STOCK OPTIONS/STOCK-BASED COMPENSATION AND WARRANTS [Abstract]  
Outstanding restricted stock awards and activity
The following table reflects the outstanding restricted stock awards and activity related thereto for the nine months ended September 30, 2015:

   
Nine Months Ended
September 30, 2015
 
   
Number of
Shares
   
Weighted-Average
Price
 
Restricted Stock Awards:
           
Restricted Shares Outstanding at Beginning of Period
    538,499     $ 13.54  
Shares Granted
    565,039       8.65  
Lapse of Restrictions
    (201,216 )     12.99  
Shares Forfeited
    (1,397 )     14.79  
Restricted Shares Outstanding at End of Period
    900,925     $ 10.42