Note 12 - Stock-Based Compensation

12 Months Ended

Dec. 31, 2013

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

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

12. Stock-Based Compensation

In 1999, the Company adopted the American Locker Group Incorporated 1999 Stock Incentive Plan, permitting the Company to provide incentive compensation of the types commonly known as incentive stock options, stock options and stock appreciation rights. The plan terminated in 2009. At December 31, 2013 and 2012, there were no stock appreciation rights outstanding. There were no stock options vested or unvested as of December 31, 2013.

The following table sets forth the activity related to the Company’s stock options for the years ended December 31:

	2013				2012				2011
	Options		Weighted Average Exercise Price		Options		Weighted Average Exercise Price		Options		Weighted Average Exercise Price
Outstanding—beginning of year		12,000	$	4.95		12,000	$	4.95		12,000	$	4.95
Expired or forfeited		12,000		4.95		—		—		—		—
Outstanding—end of year		—	$	—		12,000	$	4.95		12,000	$	4.95
Exercisable—end of year		—				12,000				12,000