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Equity Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2013
Equity Incentive Plans [Abstract]  
Stock Options Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Stock Options

 

Weighted Average Grant Date Fair Value

 

Weighted Average Exercise Price

 

Weighted Average Contractual Life (years)

Outstanding - December 31, 2012

2,805,912 

 

$           2.30

 

$         7.09

 

6.07 

Granted

20,900 

 

3.06 

 

11.97 

 

9.83 

Forfeited

 -

 

 -

 

 -

 

 -

Exercised

(30,033)

 

2.30 

 

7.09 

 

 -

Outstanding - September 30, 2013

2,796,779 

 

$           2.30

 

$         7.09

 

5.34 

Exercisable - September 30, 2013

2,279,981 

 

$           2.30

 

$         7.13

 

5.40 

 

Status of the Company's Restricted Share Awards

 

 

 

 

 

 

 

 

 

 

 

 

Number of Shares Awarded

 

Weighted Average Grant Date Fair Value

Non-vested at December 31, 2012

 

454,904 

 

$           7.11

Granted

 

13,300 

 

11.97 

Vested

 

(226,829)

 

7.10 

Forfeited

 

 -

 

 -

Non-vested at September 30, 2013

 

241,375 

 

$           7.35