Stock Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

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

Summary of Stock Options Outstanding

The following table summarizes stock options outstanding and changes for the six-month periods ending June 30, 2015 and 2014:

	June 30,		June 30,
	2015		2014
	Number of stock options	Weighted Average Exercise Price	Number of stock options	Weighted Average Exercise Price
Stock options outstanding at beginning of period	160,748	$           25.28	309,479	$           19.75
Expired	(2,500)	32.90	(131,250)	11.60
Canceled or forfeited	-	-	(14,000)	31.31
Stock options outstanding at end of period	158,248	$           25.06	164,229	$           25.28
Stock options exercisable at end of period	133,665	$           29.13	113,072	$           35.20

Summary of Stock Options Outstanding and Exercisable by Stock option plan

The following table summarizes stock options outstanding and exercisable by stock option plan at June 30, 2015:

	Outstanding Stock Options		Exercisable Stock Options
Stock Option Plan	Number of Options Outstanding	Weighted Average Exercise  Price	Number of Options Exercisable	Weighted Average Exercise  Price
1995 Plan	8,750	$               31.20	8,750	$               31.20
2004 Plan	69,500	10.10	51,167	12.74
2004 Directors’ Plan	74,998	39.68	72,498	40.90
2013 Plan	5,000	2.99	1,250	2.99
	158,248	$               25.06	133,665	$               29.13

Summary of Status of Non-Vested Restricted Shares

The following table summarizes the RSUs activity for the six-month periods ended June 30, 2015 and 2014:

	June 30,		June 30,
	2015		2014
	Number of RSUs	Weighted-Average Grant Date Fair Value	Number of RSUs	Weighted-Average Grant Date Fair Value
Unvested RSUs at beginning of period	544,810	$             2.84	280,000	$             3.31
Granted	-	-	431,941	2.61
Forfeited	-	-	(20,000)	2.83
Vested	(132,383)	2.84	(59,997)	2.83
Unvested RSUs at end of period	412,427	$            2.85	631,944	$             2.89

Summary of Restricted Stock Awards

The following table summarizes the RSAs activity for the six-month periods ended June 30, 2015 and 2014:

	June 30,		June 30,
	2015		2014
	Number of RSAs	Weighted-Average Grant Date Fair Value	Number of RSAs	Weighted-Average Grant Date Fair Value
Unvested RSAs at beginning of period	26,670	$             5.21	54,151	$             5.49
Forfeited	-	-	(5,601)	5.39
Vested	(9,030)	8.42	(20,230)	5.58
Unvested RSAs at end of period	17,640	$             3.57	28,320	$             5.44