Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2017

Stock-Based Compensation [Abstract]

Schedule of Weighted Average Assumptions Used for Estimating the Grant-Date Fair Value of Each Option Grant

The fair value of stock options granted during the six months ended June 30, 2016 were established at the date of grant using a Black-Scholes option pricing model with the weighted average assumptions as follows:

	Six Months Ended June 30, 2016
Expected dividend yield		3.70	%
Risk-free interest rate		1.45	%
Expected volatility		34.34	%
Expected term (in years)		7.5
Weighted average fair value of options	$	6.82