Share-based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

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:

Three Month Period Ended March 31,	2015		2014
Assumptions
Dividend yield	0	%	-
Risk free interest rate	.83%-1.69	%	-
Expected volatility	59%-76	%	-
Expected lives	3-5 years		-

Summary of status of company's stock option plan

A summary of the activity for the Company's Plans for the indicated periods is presented below:

Stock Option Plan Totals	Shares	Weighted Average Exercise Price
Outstanding at December 31, 2013	2,517,911	$	1.33
-Exercised	(292,537)	$	1.03
-Granted	1,055,500	$	3.28
Outstanding at December 31, 2014	3,280,874	$	1.98
-Exercised	(50,500)	$	1.39
-Granted	70,000	$	3.60
Outstanding at March 31, 2015	3,300,374	$	2.02

Weighted average contractual life and exercise price

The following is the weighted average contractual life in years and the weighted average exercise price at March 31, 2015 of:

		Weighted Average
	Number of	Remaining	Weighted Average
	Options	Contractual Life	Exercise Price
Options outstanding	3,300,374	2.3 years	$	2.02
Options vested	3,208,707	2.2 years	$	1.98

Intrinsic value

The following is the intrinsic value at March 31, 2015 of:

Options outstanding	$	7,089,000
Options vested in 2015	$	48,000
Options exercised in 2015	$	130,000