Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of stock option grants

The following table summarizes stock option grants during the three months ended March 31, 2013:

Grantee Type	# of Options Granted	Vesting Period	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
2013
Director group	7,122	1 year or less	$	6.83	$	2.35
Director group	17,092	3 years	$	6.83	$	3.76
Employee group	5,000	3 years	$	6.83	$	3.65
Employee inducement (1)	20,000	3 years	$	7.14	$	3.81

(1) The Company granted non-qualified performance-based stock options outside its existing stock-based compensation plans in the first quarter of 2013 to one employee in connection with the employee joining the Company.

Summary of nonvested stock awards granted

The following table summarizes nonvested stock awards granted during the three months ended March 31, 2013:

Grantee Type	# of Shares Granted	Vesting Period	Weighted Average Grant Date Fair Value
2013
Director group	7,122	1 year or less	$	6.83
Director group	17,092	3 years	$	6.83
Employee group	5,000	3 years	$	6.83
Employee inducement (1)	20,000	3 years	$	7.14

(1) The Company granted nonvested performance-based stock awards (restricted stock) outside its existing stock-based compensation plans in the first quarter of 2013 to one employee in connection with the employee joining the Company.