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Long Term Retention Plan (Tables)
6 Months Ended
Jun. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
Long Term Retention Plans Accrued Compensation Expense

The following tables summarize the 2009, 2010, 2011, 2012, 2013 and 2014 LTRP accrued compensation expense for the six and three-month periods ended June 30, 2014 and 2013:

 

     Six Months Ended June 30,      Three Months Ended June 30,  
     2014 (*)     2013      2014 (*)     2013  

LTRP 2009 (**)

   $ (439,050   $ 1,117,678       $ (88,128   $ 709,758   

LTRP 2010 (**)

     (190,575     1,017,936         (7,680     624,140   

LTRP 2011 (**)

     (57,217     1,006,713         43,895        595,513   

LTRP 2012

     89,984        1,155,216         90,931        657,381   

LTRP 2013

     1,039,219        —           435,358        —     

LTRP 2014

     1,488,721        —           690,929        —     
  

 

 

   

 

 

    

 

 

   

 

 

 
   $ 1,931,082      $ 4,297,543       $ 1,165,305      $ 2,586,792   
  

 

 

   

 

 

    

 

 

   

 

 

 

 

(*) (Gain) / Loss
(**) For the six and three-month periods ended June 30, 2014, the table above shows a reduction of compensation costs for LTRP 2009, 2010 and 2011 as a consequence of a decrease in the Company’s stock price during the quarter.