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Long-Term Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2014
Long-Term Incentive Plan  
Summary of stock option activity in Incentive Plan

A summary of stock option activity in the Plans for the six months ending June 30, 2014, is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

 

 

 

 

 

 

Exercise

 

Contractual

 

Aggregate

 

    

Shares

    

Price

    

Term (years)

    

Intrinsic Value

 

 

 

 

 

 

 

 

 

 

 

Beginning outstanding

 

325,500 

 

$

29.56 

 

 

 

 

 

Canceled

 

 -

 

 

 -

 

 

 

 

 

Ending outstanding

 

325,500 

 

$

29.56 

 

2.0 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

325,500 

 

$

29.56 

 

2.0 

 

$

-

 

Summary of changes in nonvested shares of restricted share rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2014

 

 

 

 

Weighted

 

 

Restricted

 

Average

 

 

Stock Shares

 

Grant Date

 

    

and Units

    

Fair Value

Unvested at January 1

 

185,500 

 

$

2.95 

Granted

 

184,500 

 

 

4.82 

Vested

 

(25,000)

 

 

2.06 

Forfeited

 

(20,000)

 

 

1.74 

Unvested at June 30

 

325,000 

 

$

4.15