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Shared-based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Share-Based Compensation [Abstract]  
Schedule of Assumptions Used
The weighted average input assumptions used and resulting fair values were as follows:
 
 
 
2014
 
 
2013
 
Expected life (in years)
 
6
 
 
-
 
Risk-free interest rate
 
1.74
%
 
-
 
Expected volatility
 
62.58
%
 
-
 
Dividend yield
 
-
 
 
-
 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the stock option activity:
 
 
 
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Contractual
Life (Yrs)
 
Aggregate
Intrinsic
Value
 
Unvested at December 31, 2013
 
-
 
$
-
 
 
 
 
 
Granted
 
59,542
 
 
26.52
 
 
 
 
 
Vested
 
-
 
 
-
 
 
 
 
 
Forfeited
 
-
 
 
-
 
 
 
 
 
Unvested at March 31, 2014
 
59,542
 
$
26.52
 
9.86
 
153,023
 
Exerciseable at March 31, 2014
 
-
 
$
-
 
-
 
-
 
Restricted Stock Activity
The following table summarizes the restricted stock activity:
 
 
 
Shares
 
Weighed-Average
Grant Date Fair
Value
 
Unvested at December 31, 2013
 
393,532
 
$
24.23
 
Granted
 
10,505
 
 
27.13
 
Vested
 
(52,332)
 
 
20.76
 
Forfeited
 
-
 
 
-
 
Unvested at March 31, 2013
 
351,705
 
$
24.84