Share-based Compensation (Tables)

9 Months Ended

Sep. 30, 2015

Share-Based Compensation [Abstract]

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

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

Nine Month Period
Ended September 30,	2015	2014
Assumptions
Dividend yield	0%	0%
Risk free interest rate	.83%-1.03%	1.69%
Expected volatility	49%-60%	59%
Expected lives	3 years	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:

			Weighted
			Average
Stock Option Plan Totals	Shares		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		(452,841)	$	1.59
-Granted		164,506	$	3.28
Outstanding at September 30, 2015		2,992,539	$	2.11

Weighted average contractual life and exercise price

The following is the weighted average contractual life in years and the weighted average exercise price at September 30, 2015 of:

			Weighted Average
	Number of		Remaining	Weighted Average
	Options		Contractual Life	Exercise Price
Options outstanding		2,992,539	2.6 years	$	2.11
Options vested		2,925,039	2.6 years	$	2.07

Intrinsic value

The following is the intrinsic value at September 30, 2015 of:

Options outstanding	$	3,026,000
Options vested in 2015	$	9,000
Options exercised in 2015	$	1,043,000