Annual report pursuant to section 13 and 15(d)

STOCK BASED COMPENSATION (Details)

v2.4.0.8
STOCK BASED COMPENSATION (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Employee
Dec. 31, 2011
Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period 6 months 3 years  
Stock options outstanding (in shares) 528,800 [1] 607,967  
Outstanding and fully vested stock options (in shares) 439,300 [2] 0 [3] 0 [3]
Weighted average exercise price (in dollars per share) $ 9.82 [1] $ 9.89  
Options granted (in shares) 12,000    
Number of re elected directors 5    
Exercise price of options granted (in dollars per share) $ 5.50    
Fair Value Assumptions and Methodology for Assets and Liabilities [Abstract]      
Allocated Share-based Compensation Expense $ 191,000 $ 345,000 $ 343,000
Total unrecognized compensation cost related to unvested options 286,000    
Unrecognized compensation cost to be recognized in 2013 152,000    
Unrecognized compensation cost to be recognized in 2014 96,000    
Unrecognized compensation cost to be recognized in 2015 38,000    
Minimum [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Exercise price of options granted (in dollars per share)     $ 6.25
Maximum [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Exercise price of options granted (in dollars per share)     $ 10.95
Contractual Term With One-third Yearly Vesting [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Contractual term 6 years    
Proportional vesting number of shares (in hundredths) 33.333%    
Vesting period 3 years    
Employee Stock Option [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Stock options outstanding (in shares) 362,600    
Outstanding and fully vested stock options (in shares) 285,100    
Weighted average exercise price (in dollars per share) $ 10.3    
Remaining weighted contractual life 1 year 10 months 24 days    
Fair Value Assumptions and Methodology for Assets and Liabilities [Abstract]      
Weighted-average fair value per share (in dollars per share) $ 0 [4] $ 4.10 $ 0 [4]
Risk -free interest rate (in hundredths) 0.00% [4],[5]   0.00% [4],[5]
Expected volatility of stock (in hundredths) 0.00% [4],[6]   0.00% [4],[6]
Dividend yield (in hundredths) 0.00% [4] 0.00% 0.00% [4]
Expected option life 0 years [4],[7] 6 years [7] 0 years [4],[7]
Allocated Share-based Compensation Expense 140,000 246,000 276,000
Employee Stock Option [Member] | Minimum [Member]
     
Fair Value Assumptions and Methodology for Assets and Liabilities [Abstract]      
Risk -free interest rate (in hundredths)   1.29% [5]  
Expected volatility of stock (in hundredths)   58.72% [6]  
Employee Stock Option [Member] | Maximum [Member]
     
Fair Value Assumptions and Methodology for Assets and Liabilities [Abstract]      
Risk -free interest rate (in hundredths)   1.92% [5]  
Expected volatility of stock (in hundredths)   60.02% [6]  
Employee Stock Option [Member] | Contractual Term With One-fifth Yearly Vesting [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Contractual term 10 years    
Proportional vesting number of shares (in hundredths) 20.00%    
Vesting period 5 years    
Incentive Stock Options [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Contractual term   6 years  
Options granted (in shares)   60,000  
Exercise price of options granted (in dollars per share)   $ 7.85  
Incentive Stock Options [Member] | Contractual Term With One-third Yearly Vesting [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Proportional vesting number of shares (in hundredths)   33.333%  
Director Stock Options [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Contractual term 10 years    
Vesting period 6 months    
Stock options outstanding (in shares) 166,200    
Outstanding and fully vested stock options (in shares) 154,200    
Weighted average exercise price (in dollars per share) $ 10.55    
Remaining weighted contractual life 4 years 6 months    
Options granted (in shares) 15,000    
Exercise price of options granted (in dollars per share) $ 5.5    
Fair Value Assumptions and Methodology for Assets and Liabilities [Abstract]      
Weighted-average fair value per share (in dollars per share) $ 3.55 $ 4.70 $ 5.60
Risk -free interest rate (in hundredths) 1.75% [5] 2.29% [5] 2.52% [5]
Expected volatility of stock (in hundredths) 56.74% [6] 57.48% [6] 60.69% [6]
Dividend yield (in hundredths) 0.00% 0.00% 0.00%
Expected option life 10 years [7] 10 years [7] 10 years [7]
Allocated Share-based Compensation Expense $ 51,000 $ 99,000 $ 67,000
Non-Qualified Stock Option Agreement [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Contractual term   10 years  
Proportional vesting number of shares (in hundredths)   25.00%  
Vesting period   4 years  
Options granted (in shares)   50,000  
Exercise price of options granted (in dollars per share)   $ 6.75  
Term of employment   4 years  
[1] Options with exercise prices ranging from $5.50 to $14.75
[2] Options with exercise prices ranging from $7.05 to $14.75
[3] Plan was approved in September 2010 which authorizes grants of up to an aggregate of 1,000,000 non-qualified and incentive stock options.
[4] No employee option grants were made in 2012 and 2010.
[5] The risk-free interest rate is based on the U.S. Treasury yield in effect at the grant date over the expected term of the option.
[6] The expected volatility is based on historical volatility from our traded Common Stock over the expected term of the option.
[7] The expected option life is based on historical exercises and post-vesting data.