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Stock Options (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [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:
  
 
 
Number of
Options
 
Weighted -
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual Term
(years)
 
Aggregate
Intrinsic Value
 
Outstanding at January 1, 2015
 
 
3,641,857
 
$
3.05
 
 
 
 
 
 
 
Granted
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited/Expired
 
 
(251,711)
 
 
2.71
 
 
 
 
 
 
 
Outstanding at September 30, 2015
 
 
3,390,146
 
$
3.08
 
 
4.08
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at September 30, 2015
 
 
1,299,732
 
$
3.18
 
 
2.66
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested and Expected to Vest at September 30, 2015
 
 
1,299,732
 
$
3.18
 
 
2.66
 
$
-
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [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:
 
 
 
Nine Months Ended
 
 
 
September 30,
 
 
 
2015
 
2014
 
Weighted average fair value of options granted
 
$
-
 
$
1.35
 
 
 
 
 
 
 
 
 
Risk-free interest rate
 
 
-
 
 
1.53% to 1.68
%
Expected life (years)
 
 
-
 
 
5
 
Expected volatility factor
 
 
-
 
 
54.96
%
Expected dividends
 
 
-
 
 
-
 
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 plans as of September 30, 2015, and changes during the period then ended, are presented below:
 
 
 
Number of Shares
 
Weighted-
Average Grant
Date Fair Value
 
Unvested at January 1, 2015
 
 
7,500
 
$
2.59
 
Granted
 
 
-
 
 
-
 
Vested
 
 
(7,500)
 
 
2.59
 
Forfeited/Expired
 
 
-
 
 
-
 
Unvested at September 30, 2015
 
 
-
 
$
-
 
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
September 30,
 
Nine months ended
September 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Direct operating costs
 
$
98
 
$
107
 
$
293
 
$
283
 
Selling and administrative expenses
 
 
143
 
 
195
 
 
507
 
 
563
 
Total stock-based compensation
 
$
241
 
$
302
 
$
800
 
$
846