Share-Based Compensation (Tables)

12 Months Ended

Dec. 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:

Years ended
December 31,	2015			2014
Assumptions
Dividend yield		0	%		0	%
Risk free interest rate		0.83%-1.03	%		1.00%-1.69	%
Expected volatility		49%-60	%		59%-66	%
Expected lives		3 years			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:

			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
-Cancelled		(132,500)	$	3.72
-Exercised		(679,291)	$	1.65
-Granted		164,506	$	3.28
Outstanding at December 31, 2015		2,633,589	$	2.06

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, 2015 of:

			Weighted Average
	Number of		Remaining	Weighted Average
	Options		Contractual Life	Exercise Price
Options outstanding		2,633,589	2.8 years	$	2.06
Options vested		2,612,755	2.8 years	$	2.05

Intrinsic value

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

Options outstanding	$	2,754,000
Options vested in 2015	$	5,000
Options exercised in 2015	$	1,309,000