XML 51 R12.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Stock-Based Awards | 3 Months Ended
--- | ---
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Awards |
6. | Stock-Based Awards
The Company grants equity awards to employees and directors. Options are issued generally for terms of ten years and vest between two to four years. Options are issued with an exercise price equal to the fair value of the Company on the date of grant. The Company estimated the fair value for options using the Black-Scholes option pricing model. All restricted stock and option awards require future service as a condition of vesting with certain awards subject to acceleration under certain conditions. Restricted stock awards generally vest over three years. A summary of options and restricted stock activity is as follows:
|  | Options |  |  | Weighted Average Exercise Price of Options |  |  | Restricted Stock Awards |
Balance at January 1, 2015 |  |  | 5,330,070 |  |  | $ | 1.61 |  |  |  | 1,513,939 |
Granted |  |  | — |  |  | $ | — |  |  |  | 514,116 |
Exercised/vested |  |  | (2,270,064 | ) |  | $ | 0.94 |  |  |  | (610,299 | )
Forfeitures |  |  | — |  |  | $ | — |  |  |  | — |
Balance at March 31, 2015 |  |  | 3,060,006 |  |  | $ | 2.11 |  |  |  | 1,417,756 |
A summary of stock-based compensation expense is as follows:
|  | For the Three Months Ended March 31, |  |  |
| 2015 |  | 2014 |  |
| $2,344 |  | $ | 2,015 |  |
A summary of unrecognized stock-based compensation expense and average remaining vesting period is as follows:
|  | March 31, 2015 |
|  | Unrecognized Stock-Based Compensation |  |  | Average Remaining Vesting Period |
Employees and directors option awards |  | $ | 307 |  |  |  | 0.70 |
Employees and directors restricted stock awards |  | $ | 17,377 |  |  |  | 1.90 |

X
- Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51659978&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration