Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Key Assumptions Used to Apply the Black-Scholes Option Pricing Model

Key assumptions used to apply the Black-Scholes option pricing model are set forth below:

	2014			2013
Average risk-free interest rate		1.17	%		0.76	%
Expected life of option grants		5.0 years			5.0 years
Expected volatility of underlying stock		99	%		100	%
Expected dividend payment rate, as a percentage of the share price on the date of grant		0.82	%		1.15	%
Weighted average grant date fair value	$	13.80		$	9.67

Summary of Stock Option Activity

The following table summarizes the stock option activity under the Company’s plan:

				Weighted Average
	Number Of Options			Exercise Price		Fair Value
Outstanding and exercisable at December 31, 2012		64,547		$	14.00
Granted		8,090			13.96	$	9.67
Exercised		(3,900	)		10.84
Expired		(1,655	)		10.13
Outstanding and exercisable at December 31, 2013		67,082		$	14.26
Granted		8,240			19.55	$	13.80
Exercised		(6,709	)		12.72
Expired		(5,328	)		14.37
Outstanding and exercisable at December 31, 2014		63,285		$	15.12