Annual report pursuant to Section 13 and 15(d)

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Details 1)

v3.6.0.2
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Details 1) - $ / shares
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Options Issued 1,501,750    
Options Outstanding at end of year 3,362,350    
Options Exercisable at end of year 1,722,850    
Equity Option [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Options Outstanding at beginning of the year 2,881,750 2,684,500 2,647,500
Options Issued 838,500 294,750 368,500
Forfeited or rescinded (331,400) (32,500) (177,500)
Options Exercised (26,500) (65,000) (154,000)
Options Outstanding at end of year 3,362,350 2,881,750 2,684,500
Options Exercisable at end of year 1,722,850 1,214,000 728,000
Weighted Average Exercise Price, Outstanding at beginning of the year $ 5.07 $ 4.67 $ 4.01
Weighted Average Exercise Price, Issued 9.79 8.28 9.15
Weighted Average Exercise Price, Forfeited or rescinded 8.62 4.47 5.62
Weighted Average Exercise Price, Exercised 4.41 3.46 2.9
Weighted Average Exercise Price, Outstanding at end of year 5.9 5.07 4.67
Weighted Average Exercise Price, Exercisable at end of year 4.01 3.85 3.22
Weighted average fair value of options granted during the year $ 9.72 $ 6.55 $ 7.55