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Stock-Based Compensation - (Tables)
6 Months Ended
Jun. 30, 2018
Stock-Based Compensation  
Schedule of stock-based compensation expense recognized

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

    

2018

    

2017

    

2018

    

2017

Restricted stock awards

 

$

1,012,171

 

$

1,040,787

 

$

1,271,902

 

$

2,186,386

Stock option awards

 

 

353,161

 

 

1,070,899

 

 

539,433

 

 

2,203,686

 

 

$

1,365,332

 

$

2,111,686

 

$

1,811,335

 

$

4,390,072

 

Schedule of restricted stock activity

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

Grant-Date

 

 

Number of Shares

 

 

Fair Value

Granted at December 31, 2017

 

1,380,000

 

$

7.27

Granted

 

 -

 

 

 -

Forfeited

 

 -

 

 

 -

Granted at June 30, 2018

 

1,380,000

 

$

7.27

 

Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Shares

 

 

Average

 

Remaining

 

 

 

 

 

Underlying

 

 

Exercise

 

Contractual

 

 

Aggregate

 

 

Options

 

 

Price

 

Term

 

 

Intrinsic Value

Outstanding at December 31, 2017

 

6,906,001

 

$

7.92

 

5.0

 

 

 

Granted

 

 -

 

 

 -

 

 -

 

 

 

Exercised

 

 -

 

 

 -

 

 -

 

 

 

Forfeited

 

(100,000)

 

 

6.93

 

 -

 

 

 

Outstanding at June 30, 2018

 

6,806,001

 

$

7.93

 

4.6

 

$

629,680

 

 

 

 

 

 

 

 

 

 

 

Exercisable at June 30, 2018

 

6,578,161

 

$

7.93

 

4.5

 

$

629,680