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Stock-Based Compensation | 3 Months Ended
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Mar. 31, 2018
Stock-Based Compensation [Abstract] |
Stock-Based Compensation | 4. Stock-Based Compensation ﻿ No awards were granted during the three-month period ending March 31, 201 8. As of March 31, 201 8, there was $178,000 of total unrecognized compensation cost related to non-vested options granted in 201 7 under the 2014 Equity Incentive Plan, which will be fully amortized by December 31, 201 8. Compensation costs related to stock options amounted to $59,000 and $23,000 during the three-month periods ended March 31, 201 8 and 201 7, respectively. ﻿ ﻿ ﻿ ﻿ A summary of stock options from all plans, adjusted for stock dividends declared, is shown below. ﻿
﻿ |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |
﻿ |  |  | Weighted |  |  |  |  |
﻿ |  |  | Average Exercise |  | Weighted Average |  | Aggregate
﻿ |  |  | Price |  | Remaining |  | Intrinsic Value
﻿ | Options |  | Per Share |  | Contractual Term |  | ($000)
﻿ |  |  |  |  |  |  |  |  |  |
﻿Outstanding at January 1, 2018 | 212,725 |  | $ | 20.76 |  | 6.1 | Yrs. |  | $ | 2,604
﻿Granted | - |  |  | - |  | - |  |  |  | -
﻿Exercised | (3,825) |  |  | 19.61 |  | 6.9 | Yrs. |  |  | (75)
﻿Forfeited | (750) |  |  | 32.81 |  | 9.7 | Yrs. |  |  | (25)
﻿Outstanding at March 31, 2018 | 208,150 |  | $ | 20.74 |  | 5.8 | Yrs. |  | $ | 2,040
﻿ |  |  |  |  |  |  |  |  |  |
﻿Exercisable at March 31, 2018 | 174,150 |  | $ | 18.38 |  | 5.0 | Yrs. |  | $ | 2,040
﻿ Intrinsic value represents the amount by which the market price of the stock on the measurement date exceeded the exercise price of the option. The stock price was $30.09 as of March 31, 201 8 and $33.00 as of December 31, 201 7. ﻿ A summary of the Company’s restricted stock activity for the three-month period s ended March 31, 201 8 and 2017 is as follows, after adjusting for the 50% stock dividend declared on August 8, 2017: ﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ | 2018 |  | 2017
﻿ |  |  |  | Weighted-Average |  |  |  |  | Weighted-Average
﻿ | Number of |  |  | Grant Date |  | Number of |  |  | Grant Date
﻿ | Restricted Stock |  |  | Fair Value |  | Restricted Stock |  |  | Fair Value
﻿Non-vested, January 1, | 30,415 |  | $ | 24.46 |  | 28,035 |  | $ | 20.64
﻿Granted | - |  |  | - |  | - |  |  | -
﻿Vested | - |  |  | - |  | - |  |  | -
﻿Forfeited | - |  |  | - |  | - |  |  | -
﻿Non-vested, March 31, | 30,415 |  | $ | 24.46 |  | 28,035 |  | $ | 20.64
﻿ The expected future compensation expense relating to the 3 0,415 shares of non-vested restricted stock outstanding as of March 31, 201 8 is $693,000. This cost will be recognized over the remaining vesting period of 4.75 y ears. Compensation costs related to restricted stock amounted to $51,000 and $36,000 during the three-month periods ended March 31, 201 8 and 201 7, respectively.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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