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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of changes in outstanding restricted stock awards
Changes in the Company's outstanding restricted stock awards were as follows for the nine months ended September 30, 2014.
 
 
Restricted
 Stock Awards
 
Weighted-Average Grant Date Fair Value
Outstanding restricted stock at January 1, 2014
 
356,138

 
$
10.28

Granted
 
19,941

 
8.46

Vested
 
(28,252
)
 
10.91

Forfeitures
 
(7,196
)
 
10.54

Outstanding restricted stock at September 30, 2014
 
340,631

 
$
10.11

Schedule of weighted average option fair values and assumptions
Weighted average stock option fair values and assumptions for the nine months ended September 30, 2014 are disclosed in the following table.
 
Nine Months Ended
 
September 30, 2014
Weighted average fair value of grants
$4.13
Dividend yield
Volatility
58.04%
Risk-free interest rate
1.92%
Expected life (in years)
6.02
Schedule of changes in outstanding stock option awards
Changes in the Company's outstanding stock option awards were as follows for the nine months ended September 30, 2014.
 
 
Number of
Stock Option
Awards
 
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual
Term (years)
 
Aggregate Intrinsic Value
Outstanding stock option awards at January 1, 2014
 
442,133

 
$
10.15

 
9.64
 
$
5,422

Granted
 
52,800

 
10.13
 
 
10.00
 

Exercises
 
(1,082
)
 
6.30
 
 
7.50
 

Forfeitures/expirations
 
(52,335
)
 
10.07
 
 
8.87
 

Outstanding stock option awards at September 30, 2014
 
441,516

 
$
10.16

 
8.97
 
$
26,459

Schedule of stock-based compensation expense
The following table sets forth stock-based compensation expense recognized for the three and nine months ended September 30, 2014 and 2013. These costs were recorded as part of general and administrative expense on the Company's consolidated statements of comprehensive (loss).
 
Three Months Ended September 30,
Nine Months Ended September 30,
 
2014
2013
2014
2013
 
(in millions)
Stock-based compensation expense
$

$
1

$
2

$
4