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Accounting for Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Outstanding Stock Options

A summary of our outstanding stock options for the six months ended June 30, 2014 and 2013 is presented below.

 

     2014      2013  
     Shares     Weighted
Average
Exercise Price
     Shares      Weighted
Average
Exercise Price
 

Outstanding at beginning of period

     3,002,480     $ 1.51         3,010,980       $ 1.51   

Granted

     —         —          —          —    

Exercised

     —         —          —          —    

Forfeited and expired

     (2,157,500     1.19         —        
  

 

 

   

 

 

    

 

 

    

 

 

 

Outstanding at end of period

     844,980     $ 2.27         3,010,980       $ 1.51   
  

 

 

   

 

 

    

 

 

    

 

 

 

Options exercisable at end of period

     844,980     $ 2.27         3,010,980       $ 1.51   
  

 

 

   

 

 

    

 

 

    

 

 

 
Summary of Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at June 30, 2014:

 

Range of Exercise Prices

   Number Outstanding      Weighted Average
Remaining
Contractual Life
   Weighted Average
Exercise Price
 

$1.15 — $1.36

     150,000       4.5 years    $ 1.15   

$2.00 — $3.00

     539,980       1.2 years      2.33   

$3.10 — $4.65

     155,000       3.3 years      3.17   
  

 

 

    

 

  

 

 

 
     844,980       2.2 years    $ 2.27