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Stock Options (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
A summary of option activity under the Company’s stock option plans as of June 30, 2013, and changes during the period then ended, is presented below:
 
 
 
Number of Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average Remaining
Contractual Term (years)
 
Aggregate Intrinsic
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at January 1, 2013
 
 
2,986,057
 
$
2.75
 
 
 
 
 
 
 
Granted
 
 
1,014,022
 
 
3.39
 
 
 
 
 
 
 
Exercised
 
 
(75,500)
 
 
1.72
 
 
 
 
 
 
 
Forfeited/Expired
 
 
(423,444)
 
 
2.99
 
 
 
 
 
 
 
Outstanding at June 30, 2013
 
 
3,501,135
 
$
2.93
 
 
4.56
 
$
1,705,812
 
 
 
 
 
 
 
2.73
 
 
 
 
 
 
 
Exercisable at June 30, 2013
 
 
1,227,557
 
$
2.75
 
 
1.86
 
$
965,662
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested and expected to vest at June 30, 2013
 
 
3,501,135
 
$
2.93
 
 
4.56
 
$
1,705,812
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]
The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. The weighted average fair values of the options granted and weighted average assumptions are as follows:
 
 
 
Six months ended
 
 
 
June 30,
 
 
 
2013
 
 
2012 (1)
 
 
 
 
 
 
 
 
 
 
Weighted average fair value of options granted
 
$
1.89
 
 
$
-
 
 
 
 
 
 
 
 
 
 
Risk-free interest rate
 
 
0.76
%
 
 
-
 
Expected life (years)
 
 
5
 
 
 
-
 
Expected volatility factor
 
 
67
%
 
 
-
 
Expected dividends
 
 
-
 
 
 
-
 
 
(1)
There were no options granted during the six months ended June 30, 2012.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
A summary of restricted shares under the Company’s stock option plans as of June 30, 2013, and changes during the period then ended, are presented below:
 
 
 
Number of Shares
 
Weighted-Average Grant
Date Fair Value
 
 
 
 
 
 
 
 
 
Unvested at January 1, 2013
 
 
32,500
 
$
3.14
 
Granted
 
 
-
 
 
-
 
Vested
 
 
(7,500)
 
 
2.59
 
Forfeited/Expired
 
 
-
 
 
-
 
Unvested at June 30, 2013
 
 
25,000
 
$
3.31
 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
The stock-based compensation expense related to the Company’s various stock awards was allocated as follows (in thousands):
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Direct operating costs
 
$
78
 
$
19
 
$
129
 
$
45
 
Selling and adminstrative expenses
 
 
133
 
 
284
 
 
360
 
 
537
 
Total stock-based compensation
 
$
211
 
$
303
 
$
489
 
$
582