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Stock Compensation Plans (Tables)
 3 Months Ended
Mar. 31, 2014
Stock Compensation Plans [Abstract]  
Activity in stock option plans
Activity in our stock option and incentive plans for the period from January 1, 2012 to March 31, 2014 is as follows.

 
 
1998 Plan
  
2002 Plan
  
2012 Plan
 
 
 
Number of
Shares
  
Weighted
Average
Option
Exercise
Price
  
Number of
Shares
  
Weighted
Average
Option
Exercise Price
  
Number of
Shares
  
Fair Market
Value at Grant
 
Outstanding at January 1, 2012
  
89,750
  
$
12.83
   
624,700
  
$
6.15
   
-
  
$
-
 
Granted
  
-
  
$
-
   
181,500
  
$
4.40
   
-
  
$
-
 
Exercised
  
-
  
$
-
   
(33,104
)
 
$
3.86
   
-
  
$
-
 
Cancelled
  
(11,250
)
 
$
13.54
   
(70,499
)
 
$
12.45
   
-
  
$
-
 
Outstanding at January 1, 2013
  
78,500
  
$
12.73
   
702,597
  
$
5.17
   
-
  
$
-
 
Granted
  
-
  
$
-
   
-
  
$
-
   
250,000
  
$
5.54
 
Exercised
  
(500
)
 
$
8.67
   
(165,577
)
 
$
7.15
   
-
  
$
-
 
Cancelled
  
(75,000
)
 
$
12.92
   
(13,499
)
 
$
5.41
   
(500
)
 
$
5.54
 
Outstanding at January 1, 2014
  
3,000
  
$
8.67
   
523,521
  
$
4.54
   
249,500
  
$
5.54
 
Granted
  
-
  
$
-
   
-
  
$
-
   
88,648
  
$
5.54
 
Exercised
  
(1,500
)
 
$
8.67
   
(52,331
)
 
$
6.49
   
(33,180
)
 
$
-
 
Cancelled
  
-
  
$
-
   
(666
)
 
$
3.44
   
-
  
$
5.54
 
Outstanding at March 31, 2014
  
1,500
  
$
8.67
   
470,524
  
$
4.32
   
304,968
  
$
5.54
 
Maturity schedule of exercisable options outstanding
Options outstanding as of March 31, 2014 are exercisable as follows.

 
 
1998 Plan
  
2002 Plan
 
Options Exercisable at:
 
Number of
Shares
  
Weighted
Average
Option
Exercise Price
  
Number of
Shares
  
Weighted
Average
Option
Exercise Price
 
 
 
  
  
  
 
March 31, 2014
  
1,500
  
$
8.67
   
273,144
  
$
4.32
 
December 31, 2014
  
-
  
$
8.67
   
122,647
  
$
4.32
 
December 31, 2015
  
-
  
$
8.67
   
74,733
  
$
4.32
 
December 31, 2016
  
-
  
$
8.67
   
-
  
$
4.32
 
December 31, 2017
  
-
  
$
8.67
   
-
  
$
4.32
 
December 31, 2018
  
-
  
$
8.67
   
-
  
$
4.32
 
Thereafter
  
-
  
$
8.67
   
-
  
$
4.32
 
Total options exercisable
  
1,500
       
470,524
     
Summary of information about the stock option plans
Summary information about the Company’s stock option plans at March 31, 2014 is as follows.

 
 
Range of
Exercise Price
  
Outstanding at
March 31, 2014
  
Weighted Average
Contractual
Periods in Years
  
Weighted
Average
Exercise Price
  
Exercisable at
March 31, 2014
 
1998 Plan
 
$
8.67
   
1,500
   
0.34
  
$
8.67
   
1,500
 
2002 Plan
 
$
2.45 - $8.32
   
470,524
   
5.45
  
$
4.32
   
273,144