Share-Based compensation (Tables)

12 Months Ended

Dec. 31, 2013

Share-Based Compensation [Abstract]

Weighted-average assumptions used in determining fair value of share based awards

The Company determines the fair value of share based awards at the grant date by using the Black-Scholes option-pricing model, and is incorporating the simplified method to compute expected lives of share based awards with the following weighted-average assumptions:

Years Ended December 31,	2013		2012
Assumptions
Dividend yield	0	%	0	%
Risk free interest rate	.85% - 1.64	%	1.0	%
Expected volatility	59% - 76	%	73	%
Expected lives	5 years		5 years

Summary of status of company's stock option plan

A summary of the status of the Company's Plans as of December 31, 2013 and 2012 and changes for the periods ending on those dates is presented below:

Stock Option Plan Totals	Shares		Weighted Average Exercise Price
Outstanding at December 31, 2011		3,435,443	$	1.22
• Cancelled		(8,313)	$	1.10
• Exercised		(109,038)	$	1.42
• Granted		30,843	$	3.27
Outstanding at December 31, 2012		3,348,935	$	1.23
• Cancelled		(58,617)	$	1.87
• Exercised		(945,761)	$	1.20
• Granted		173,354	$	2.59
Outstanding at December 31, 2013		2,517,911	$	1.33

Weighted average contractual life and exercise price

The following is the weighted average contractual life in years and the weighted average exercise price at December 31, 2013 of:

			Weighted Average
	Number of		Remaining		Weighted Average
	Options		Contractual Life		Exercise Price
Options outstanding		2,517,911		4.7 years	$	1.33
Options vested		2,470,411		4.7 years	$	1.28

Intrinsic value

The following is the intrinsic value at December 31, 2013 of:

Options outstanding	$	6,030,482
Options vested in 2013	$	115,304
Options exercised in 2013	$	2,816,000

Weighted Average Fair Value

The following is the weighted average fair value for the twelve month period ended December 31, 2013 of:

Options granted	$	2.59
Options vested	$	2.27