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Equity Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2016
Equity Compensation Plans  
Summary of stock option activity in Incentive Plan

A summary of stock option activity in the Plans for the year ending December 31, 2016, is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

 

 

 

 

 

 

Exercise

 

Contractual

 

Aggregate

 

    

Shares

    

Price

    

Term (years)

    

Intrinsic Value

 

 

 

 

 

 

 

 

 

 

 

Beginning outstanding

 

162,500

 

$

27.03

 

 

 

 

 

Canceled

 

(36,500)

 

 

29.20

 

 

 

 

 

Expired

 

(30,000)

 

 

29.20

 

 

 

 

 

Exercised

 

(1,500)

 

 

7.49

 

 

 

$

2,790

Ending outstanding

 

94,500

 

$

25.82

 

1.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

94,500

 

$

25.82

 

1.1

 

 

 

 

Summary of changes in nonvested shares of restricted share rights

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

 

Weighted

 

 

Restricted

 

Average

 

 

Stock Shares

 

Grant Date

 

    

and Units

    

Fair Value

Nonvested at January 1

 

348,000

 

$

4.50

Granted

 

170,000

 

 

7.14

Vested

 

(105,500)

 

 

3.28

Forfeited

 

(3,500)

 

 

6.81

Nonvested at December 31

 

409,000

 

$

5.89