Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2017

Stock Compensation Plans [Abstract]

Schedule of Restricted Stock Units Available for Issuance

The table below shows the number of RSUs available for issuance at December 31, 2017:

Total authorized RSUs in Plan approved by shareholders	4,850,000
Stock issued out of the Plan from vested grants	(2,512,432)
Non-vested grants	(944,500)
RSUs available for future issuance	1,393,068

Schedule of Restricted Stock Units

Non-vested grants at January 1, 2015	1,042,000
Granted – share price on grant date was $11.52	2,000
Vested – weighted average share price on vesting date was $7.42	(410,500)
Forfeited	(27,000)
Non-vested grants at December 31, 2015	606,500
Granted – weighted average share price on grant date was $6.84	414,000
Vested – weighted average share price on vesting date was $8.72	(271,500)
Forfeited	(16,000)
Non-vested grants at December 31, 2016	733,000
Granted – weighted average share price on grant date was $7.98(1)	1,211,500
Vested – weighted average share price on vesting date was $7.22(1)	(990,500)
Forfeited	(9,500)
Non-vested grants at December 31, 2017 (2)	944,500

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(1)RSU Vesting Schedule

Vesting Year	No. RSUs Vesting
2018	178,250
2019	373,750
2020	231,250
2021	161,250
	944,500

Restricted Stock Unit Vesting

RSU Vesting Schedule

Vesting Year	No. RSUs Vesting
2018	178,250
2019	373,750
2020	231,250
2021	161,250
	944,500