Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2018

Share-based Compensation [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

A summary of the Company’s stock option plan awards and activity for the three and nine months endedSeptember 30, 2018, follows: 

	For the Three Months Ended September 30, 2018
	Shares		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term in Years	Aggregate Intrinsic Value
Outstanding at July 1, 2018	315,000		$	10.34		$	2,891,350
Exercised	—
Outstanding at September 30, 2018	315,000		10.34		5.24	1,962,100
Vested and expected to vest assuming a 3% forfeiture rate over the vesting term	313,710		10.33		5.23	1,956,260
Exercisable at September 30, 2018	272,000		10.07		5.02	1,767,430
	For the Nine Months Ended September 30, 2018
	Shares		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term in Years	Aggregate Intrinsic Value
Outstanding at January 1, 2018	452,940		$	10.21		$	2,402,096
Exercised	(137,940	)	9.90			1,112,026
Outstanding at September 30, 2018	315,000		10.34		5.24	1,962,100
Vested and expected to vest assuming a 3% forfeiture     rate over the vesting term	313,710		10.33		5.23	1,956,260
Exercisable at September 30, 2018	272,000		10.07		5.02	1,767,430

A summary of changes in nonvested restricted stock awards for the three and nine months endedSeptember 30, 2018, follows: 

	For the Three Months Ended September 30, 2018
	Shares		Weighted-Average Grant Date Fair Value
Nonvested at July 1, 2018	25,987		$	14.93
Granted	—		—
Vested	(5,000	)	10.88
Nonvested at September 30, 2018	20,987		15.90
Expected to vest assuming a 3% forfeiture rate over the vesting term	20,357		15.90
	For the Nine Months Ended September 30, 2018
	Shares		Weighted-Average Grant Date  Fair Value
Nonvested at January 1, 2018	5,000		10.88
Granted	30,179		17.14
Vested	(14,192	)	16.77
Nonvested at September 30, 2018	20,987		15.90
Expected to vest assuming a 3% forfeiture rate over the vesting term	20,357		15.90