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Shared-based Compensation (Tables)
6 Months Ended
Jun. 30, 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
 
 
1.61
%
 
 
-
 
Expected volatility
 
 
63.15
%
 
 
-
 
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
 
Outstanding at December 31, 2013
 
 
-
 
$
-
 
 
 
 
 
 
 
Granted
 
 
70,542
 
 
26.11
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Outstanding at June 30, 2014
 
 
70,542
 
$
26.11
 
 
9.41
 
 
303,376
 
Exerciseable at June 30, 2014
 
 
5,051
 
$
24.61
 
 
8.67
 
 
29,294
 
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
 
 
13,674
 
 
27.71
 
Vested
 
 
(77,613)
 
 
21.35
 
Unvested at June 30, 2013
 
 
329,593
 
$
24.90