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Stock Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2018
Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Nonvested Restricted Stock Activity
A summary of the activity of the Company's non-vested restricted stock collectively under the 2010 and 2017 Plans for the three months ended March 31, 2018 and 2017, respectively, is presented below:
 
2018
 
2017
 
Number of
Non-vested
Restricted
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value (1)
 
Number of
Non-vested
Restricted
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value (1)
Non-vested shares at January 1
422,928

 
$
6.36

 
319,058

 
$
6.40

Granted
206,597

 
5.57

 
326,663

 
6.54

Vested
(164,645
)
 
6.72

 
(116,875
)
 
7.04

Non-vested shares as of March 31
464,880

 
5.88

 
528,846

 
6.34

Weighted-average of restricted stock granted during the period
206,597

 
$
5.57

 
326,663

 
$
6.54


(1) 
The grant date fair value of restricted stock awards is based on the closing market price of the Company’s common stock at the grant date.