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Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2016
Unrecognized Compensation Expense is Expected to be Recognized

At December 31, 2016 the Company had unrecognized compensation expense of $1,347. That expense is expected to be recognized as follows:

 

Year Ending December 31,

 

 

 

 

2017

 

$

608

 

2018

 

 

508

 

2019

 

 

214

 

2020

 

 

17

 

 

 

$

1,347

 

 
2012 Equity Incentive Plan  
Summary of Restricted Stock Activity

The following table summarizes restricted stock activity under the Plan from January 1, 2015 through December 31, 2016:

 

 

 

Number of

Shares

 

 

Weighted

Average

 

Unvested, January 1,2015

 

 

370,407

 

 

$

7.89

 

Granted

 

 

44,000

 

 

 

8.06

 

Vested

 

 

(98,450

)

 

 

(7.61

)

Forfeiture

 

 

(26,400

)

 

 

(7.75

)

Unvested, December 31,2015

 

 

289,557

 

 

$

8.02

 

Granted

 

 

160,600

 

 

 

3.85

 

Vested

 

 

(167,090

)

 

 

(6.79

)

Forfeiture

 

 

(9,900

)

 

 

(6.00

)

Unvested, December 31, 2016

 

 

273,167

 

 

$

7.35