Weighted

Average

Number of

Grant Date

Shares

Fair Value

Non-vested restricted stock:

Non-vested restricted stock balance as of March 31, 2013

2,631,667

$

3.27

Granted

254,020

3.69

Vested

(1,520,677

)

3.39

Cancelled

-

-

Non-vested restricted stock balance as of March 31, 2014

1,365,010

$

3.22

Granted

267,195

3.60

Vested

(981,731

)

3.48

Cancelled

(8,131

)

3.31

Non-vested restricted stock balance as of March 31, 2015

642,343

$

3.04