Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

The following table summarizes information about stock options outstanding and exercisable as of December 31, 2013:



		Options Outstanding		Options Exercisable
Range of Exercise Prices		Number of Options	Weighted Average Contractual Life in Years	Number of Options
$	2.75	4,200	0.80	4,200
$	3.21	160,550	0.10	160,550
$	3.28	40,000	1.20	40,000
$	6.40	18,000	1.80	18,000
$	7.98	5,000	2.00	5,000
		227,750		227,750

Stock options

The following summarizes the activity relating to stock options under the plans mentioned above for the years ended December 31:



	2013				2012
	Number of Options		Weighted Average Exercise Price		Number of Options		Weighted Average Exercise Price
Outstanding - beginning of year	374,875		$	3.37	400,650		$	3.35
Granted	—		—		—		—
Exercised	(132,725	)	3.09		(25,775	)	3.14
Forfeited	(14,400	)	2.75		—		—
Outstanding - end of year	227,750		$	3.57	374,875		$	3.37
Exercisable at December 31	227,750		$	3.57	360,475		$	3.39
Vested or expected to vest at December 31	227,750		$	3.57	374,875		$	3.37

Unvested stock options

The following summarizes the status of, and changes to, unvested options during the years ended December 31, 2013 and 2012:



	Number of Options		Weighted Average Exercise Price
Unvested at December 31, 2011	20,100		$	2.75
Granted	—		—
Vested	(5,700	)	2.75
Forfeited	—		—
Unvested at December 31, 2012	14,400		2.75
Granted	—		—
Vested	—		—
Forfeited	(14,400	)	2.75
Unvested at December 31, 2013	—		$	—

Restricted stock

The following summarizes the status of Restricted Stock and changes during the years ended December 31:



	2013				2012
	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value
Unvested - beginning of year	139,730		$	6.77	173,556		$	5.21
Granted	63,876		9.32		59,070		7.93
Vested	(91,573	)	5.95		(88,415	)	4.44
Forfeited	(13,752	)	8.74		(4,481	)	7.68
Unvested - end of year	98,281		$	8.91	139,730		$	6.77