Share Repurchase

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

Share Repurchase

Share Repurchase

On December 3, 2012, the Company announced that the Board of Directors approved a repurchase of shares of Common Stock of the Company in an amount up to $10.0 million under a stock repurchase program that expires on December 31, 2013. Under this program the Company purchased 50,150 shares at an average price of $10.22 per share and a total cost of approximately $0.5 million during the three-month period ended March 31,2013. For the program to date as of March 31, 2013, the Company had purchased 90,455 shares at an average price of $10.51 per share and a total cost of approximately $1.0 million leaving $9.0 million for future purchases.