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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 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 Plan and 2017 Plan for the six months ended June 30, 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

 
332,921

 
6.54

Vested
(200,064
)
 
6.55

 
(150,209
)
 
6.74

Forfeited
(5,120
)
 
6.25

 

 

Non-vested shares as of June 30
424,341

 
5.90

 
501,770

 
6.39

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

 
$
5.57

 
332,921

 
$
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.