Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2019

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, 2019:

Total authorized RSUs in Plan approved by shareholders	4,850,000
Stock issued out of the Plan from vested grants	(2,977,652)
Non-vested grants	(488,500)
RSUs available for future issuance	1,383,848

Schedule of Restricted Stock Units

Non-vested grants at December 31, 2017	944,500
Granted – weighted average share price on grant date was $5.76	202,000
Vested – weighted average share price on vesting date was $6.21	(344,750)
Forfeited	(12,500)
Non-vested grants at December 31, 2018	789,250
Granted – weighted average share price on grant date was $3.98	17,000
Vested – weighted average share price on vesting date was $2.95	(297,250)
Forfeited	(20,500)
Non-vested grants at December 31, 2019	488,500

Restricted Stock Unit Vesting

RSU Vesting Schedule

Vesting Year	RSUs Vesting
2020	176,250
2021	303,250
2022	9,000
	488,500