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Stock Compensation Plans (Tables)
9 Months Ended
Sep. 30, 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 September 30, 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
  
$
8.23
 
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
  
$
8.24
 
Granted
  
-
  
$
-
   
-
  
$
-
   
218,648
  
$
21.66
 
Exercised
  
(3,000
)
 
$
8.67
   
(268,984
)
 
$
5.31
   
(68,988
)
 
$
18.67
 
Cancelled
  
-
  
$
-
   
(4,234
)
 
$
3.50
   
(846
)
 
$
7.73
 
Outstanding at September 30, 2014
  
-
  
$
-
   
250,303
  
$
3.73
   
398,314
  
$
13.80
 
 
Maturity schedule of exercisable options outstanding
Options outstanding as of September 30, 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
 
         
September 30, 2014
  
-
  
$
-
   
181,603
  
$
3.73
 
December 31, 2014
  
-
  
$
-
   
1,000
  
$
3.73
 
December 31, 2015
  
-
  
$
-
   
67,700
  
$
3.73
 
December 31, 2016
  
-
  
$
-
   
-
  
$
3.73
 
December 31, 2017
  
-
  
$
-
   
-
  
$
3.73
 
December 31, 2018
  
-
  
$
-
   
-
  
$
3.73
 
Thereafter
  
-
  
$
-
   
-
  
$
3.73
 
Total options exercisable
  
-
       
250,303
     

Summary of information about the stock option plans
Summary information about the Company’s stock option plans at September 30, 2014 is as follows.

  
Range of Exercise Price
  
Outstanding at September 30, 2014
  
Weighted Average Contractual Periods in Years
  
Weighted Average Exercise Price
  
Exercisable at September 30, 2014
 
1998 Plan
 
$
-
   
-
   
-
  
$
-
   
-
 
2002 Plan
 
$
2.45 - $4.59
   
250,303
   
6.56
  
$
3.73
   
181,603