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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2015

Stock-Based Compensation [Abstract]

Stock Options

		Option Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Options Exercisable			Weighted-Average Exercise Price
Outstanding at January 1, 2013		919,848		$	2.94		1.58		895,348		$	2.96
Granted		0			0.00
Exercised*		(849,210)			2.93
Cancelled or forfeited		0			0.00
Outstanding at December 31, 2013		70,638		$	3.03		5.40		56,638		$	3.21
Granted		1,365,000			5.05
Exercised**		(3,296)			0.91
Cancelled or forfeited		(2,500)			9.00
Outstanding at December 31, 2014		1,429,842		$	4.95		9.74		406,092		$	4.71
Granted		0			0.00
Exercised***		(38,206)			4.30
Cancelled or forfeited		0			0.00
Outstanding at December 31, 2015		1,391,636		$	4.97		8.77		709,136		$	4.90

*849,210 options were exercised and 249,647 shares were issued through net share settlement in 2013,  and as a result there was no cash consideration or intrinsic value for the options.

**3,296 options were exercised for cash consideration of $3,000 in 2014.  The intrinsic value of the options exercised was $19,000.

***6,956 options were exercised for cash considerations of $6,390 in 2015. The intrinsic value of the options exercised was $35,747. In addition, 31,250 options were exercised and 9,820 shares were issued through net share settlement in 2015, as a result there was no cash consideration or intrinsic value for the options.

Stock Options Outstanding And Exercisable

Dollar amounts in thousands		Options Outstanding		Options Exercisable			Intrinsic Value of Options Outstanding			Intrinsic Value of Options Exercisable		Weighted-Average Life of Options Outstanding (1)		Weighted-Average Life of Options Exercisable (1)
Exercise Price:
$0.91		4,274		4,274		$	29		$	29		2.9		2.9
$0.93		8,612		8,612			59			59		2.9		2.9
$2.30		35,000		35,000			192			192		4.4		4.4
$5.05		1,333,750		651,250			3,641			1,778		9.0		9.0
$9.00		10,000		10,000			0			0		1.5		1.5
		1,391,636		709,136		$	3,921		$	2,058		8.8		8.5
(1) In years

Non-Vested Employee Stock Options

		Options			Weighted-Average Grant Date Fair Value
Nonvested at January 1, 2013		24,500		$	1.28
Granted		0			0.00
Vested		(10,500)			1.28
Forfeited		0			0.00
Nonvested at December 31, 2013		14,000		$	1.19
Granted		1,365,000			2.62
Vested		(355,250)			2.56
Forfeited		0			0.00
Nonvested at December 31, 2014		1,023,750		$	2.62
Granted		0			0.00
Vested		(341,250)			2.55
Forfeited		0			0.00
Nonvested at December 31, 2015		682,500		$	2.55

Stock Options Valuation Assumptions

Assumptions for 2013 Awards
Weighted-average risk-free interest rate	1.31%
Weighted-average expected life	5.4 yrs
Weighted-average expected volatility	63.6%
Weighted-average expect dividends	$0
Forfeiture rate	0%

Assumptions for 2014 Awards
Weighted-average risk-free interest rate	1.68%
Weighted-average expected life	4.4 yrs
Weighted-average expected volatility	62.3%
Weighted-average expect dividends	$0
Forfeiture rate	0%

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