Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Stock-Based Compensation [Abstract]

Schedule of Fair Value of Stock Options Granted Measured Using Black-Scholes Valuation Model

The fair value of the stock options granted was measured using the Black-Scholes valuation model with the following assumptions:

	Year Ended December 31,
	2013	2012
Expected Volatility	41 - 43%	39 - 43%
Expected life in years	5.0 - 6.0	3.5 - 6.0
Risk-free interest rate	0.92 - 2.49%	0.70 - 1.34%
Dividend yield	0%	0%

Schedule of Stock Option Activity

A summary of stock option activity for the years ended December 31, 2013 and 2012, and changes during the years then ended is presented below:

	Stock	Weighted average	Weighted average remaining	Aggregate
	options	exercise price	contractual term	intrinsic value
Balance December 31, 2011	118,400	$            15.07	7.0	$                    -
Granted	50,000	4.22	7.9	309,500
Exercised	-	-	-	-
Forfeited	-	-	-	-
Balance December 31, 2012	168,400	$            11.85	6.6	$        309,500
Granted	93,000	6.10	9.3	390,600
Exercised	-	-	-	-
Forfeited	-	-	-	-
Outstanding as of December 31, 2013	261,400	$              9.81	6.9	$        700,100
Exercisable as of December 31, 2013	202,400	$ 11.10	6.4	$        402,795

Schedule of Other Information

A summary of the weighted-average grant-date fair value of options, total intrinsic value of options exercised, and cash receipts from options exercised is shown below (in thousands, except per share amounts):

	Year Ended December 31,
	2013	2012	2011
Weighted-average fair value of options granted (per share)	$             2.48	$             1.54	$             5.20
Intrinsic value gain of options exercised	-	-	-
Cash receipts from exercise of options	-	-	-