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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following summarizes the stock option transactions for the 2005 and 2003 Plans for the six months ended June 30, 2016:
 
 
 
 
 
 
 
 
 
Weighted Average
 
 
 
 
 
 
 
 
 
Weighted
 
Remaining
 
Aggregate
 
 
 
Number of
 
Average
 
Contractual Term
 
Intrinsic
 
 
 
Options
 
Exercise Price
 
(Years)
 
Value
 
Outstanding at January 1, 2016
 
 
29,035
 
$
28.47
 
 
1.4
 
$
289,769
 
Outstanding at June 30, 2016
 
 
29,035
 
$
28.47
 
 
0.9
 
$
321,417
 
Exercisable at June 30, 2016
 
 
29,035
 
$
28.47
 
 
0.9
 
$
321,417
 
Summary of restricted stock transactions
The following summarizes the restricted stock transactions for the six months ended June 30, 2016:
 
 
 
 
 
 
Weighted
Average
 
 
 
 
 
 
Grant Date
Fair
 
 
 
Shares
 
Value
 
Outstanding at January 1, 2016
 
 
106,789
 
$
40.28
 
Forfeited
 
 
(262)
 
 
38.11
 
Non-vested and outstanding at June 30, 2016
 
 
106,527
 
$
40.28