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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Stock-Based Compensation [Abstract]  
Summary of inputs to option valuation model for options granted
The following table summarizes the inputs to the option valuation model for the options granted during the years ended December 31, 2015 and 2014:

 
2015
 
2014
Expected volatility
32% – 50%
 
44% – 54%
Dividend rate
0%
 
0%
Expected term (in years)
3.55
 
3.00 – 3.45
Risk-free rate
1.06% – 1.25%
 
0.36% – 1.05%
Forfeiture rate
0% – 10%
 
0% – 10%


Information about stock options outstanding and exercisable
The following table summarizes information about stock options outstanding and exercisable at December 31, 2015 as well as activity during the year then ended:

  
Number of
Stock
Options
  
Weighted
Average
Exercise
Price
  
Weighted Average Remaining Contractual Term
  
Aggregate Intrinsic
Value
 
Outstanding at December 31, 2014
  
218,667
   
9.98
   
3.2
  
$
 
Granted during 2015
  
42,127
   
4.20
   
4.4
   
 
Exercised during 2015
  
   
   
   
 
Forfeited during 2015
  
(66,068
)
  
10.96
   
2.0
   
 
Expired during 2015
  
   
   
   
 
Outstanding at December 31, 2015
  
194,726
  
$
9.27
   
2.7
  
$
 
Exercisable at December 31, 2015
  
109,988
  
$
12.77
   
1.9
  
$
 

Restricted stock grants outstanding and activity
The following table summarizes information about the Company's unvested stock awards as of December 31, 2015, as well as activity during the year then ended:

  
Number of Stock Awards
  
Weighted Average Grant Date Fair Value
 
Unvested at December 31, 2014
  
6,271
  
$
6.64
 
Granted during 2015
  
49,951
   
4.20
 
Vested during 2015
  
(54,375
)
  
4.26
 
Forfeited during 2015
  
(1,002
)
  
5.81
 
Unvested at December 31, 2015
  
845
  
$
5.81