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Stock Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Summary of Stock Options Outstanding | Stock options outstanding at March 31, 2019 were as follows:
|  | Outstanding Stock Options |  | Exercisable Stock Options
Exercise Price Range |  | Number |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life (Years) |  | Number |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life (Years)
$11.00 - $12.99 |  | 13,278 |  |  | 11.98 |  |  | 1.9 |  | 13,278 |  |  | 11.98 |  |  | 1.9
Summary of Stock Option Activity | he following table summarizes stock option activity for the periods indicated:
| Three Months Ended March 31,
| 2019 |  | 2018
| Options |  | Weighted Average Exercise Price |  | Aggregate Intrinsic Value (in thousands) (1) |  | Options |  | Weighted Average Exercise Price |  | Aggregate Intrinsic Value (in thousands) (1)
Outstanding, January 1, | 13,278 |  |  | $ | 11.98 |  |  |  |  | 20,265 |  |  | $ | 11.42 |  |  |
Granted | — |  |  | — |  |  |  |  | — |  |  | — |  |  |
Exercised | — |  |  | — |  |  |  |  | (2,631 | ) |  | 12.55 |  |  |
Expired | — |  |  | — |  |  |  |  | — |  |  | — |  |  |
Outstanding, March 31, | 13,278 |  |  | 11.98 |  |  | 68,593 |  |  | 17,634 |  |  | 11.25 |  |  | 137,000 |
Exercisable, March 31, | 13,278 |  |  | 11.98 |  |  | 68,593 |  |  | 17,634 |  |  | 11.25 |  |  | 137,000 |
(1) Aggregate Intrinsic Value is defined as the amount by which the current market value of the underlying stock exceeds the exercise price of the option.
Summary of Restricted Stock Awards Activity | Restricted stock awards granted under the 2015 Plan were as follows:
| 2019 |  | 2018
| Shares |  | Weighted Average Grant Date Fair Value |  | Shares |  | Weighted Average Grant Date Fair Value
Outstanding, January 1, | 16,958 |  |  | $ | 18.94 |  |  | 8,817 |  |  | $ | 16.44 |
Granted | 12,504 |  |  | 16.95 |  |  | 10,634 |  |  | 19.20 |
Vested | (2,795 | ) |  | 20.01 |  |  | (669 | ) |  | 22.60 |
Forfeited | — |  |  | — |  |  | — |  |  | — |
Outstanding, March 31, | 26,667 |  |  | $ | 17.89 |  |  | 18,782 |  |  | $ | 17.78 |
Schedule of Information Related to Stock Options Exercised | The following table provides information related to stock options exercised during the periods indicated (in thousands):
| Three Months Ended March 31,
| 2019 |  | 2018
Intrinsic value of options exercised | $ | — |  |  | 17 |
Cash received from options exercised | — |  |  | 33 |
Tax benefit realized from options exercised | — |  |  | 2 |

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