XML 54 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2016
Stockholders' Equity [Abstract]  
Schedule of activity under the stock option plans
  2000 Plan  2010 Plan  Weighted 
Average 
Exercise 
Price		  

Aggregate

Intrinsic

Value(1)

 
Outstanding at December 31, 2014  157,500   95,500  $3.42  $364,000 
Grants  -   16,000  $7.40     
Terminations  -   (3,000) $4.95     
Exercises  (26,000)  (2,000) $4.29     
Outstanding at December 31, 2015  131,500   106,500  $3.57  $945,000 
Grants  -   46,000  $6.98     
Terminations  (5,000)  (12,000) $6.16     
Exercises  -   (16,000) $5.59     
                 
Outstanding at December 31, 2016  126,500   124,500  $3.89  $517,000 
Exercisable at December 31, 2016  126,500   26,500  $2.52  $524,000 
Reserved for future grants  -   155,500         

 

(1)Intrinsic value is the difference between the fair market value as of the date indicated and as of the date of the option grant.
Schedule of share based compensation non-vested stock options activity
  Number of Shares  Weighted Average Fair Value at Grant Date 
Non-vested stock options as of January 1, 2016  65,000  $5.35 
Non-vested stock options as of December 31, 2016  98,000  $6.03 
Stock options granted during the year ended December 31, 2016  46,000  $6.98 
Stock options that vested during the year ended December 31, 2016  1,000  $4.15 
Stock options that were forfeited during the year ended December 31, 2016  17,000  $6.16
Schedule of fair value stock option grant using black-scholes option valuation model with the weighted-average assumptions
  2016  2015 
Risk-free interest rate  1.2%  2.0%
Dividend yield  0%  0%
Expected volatility  63%  47%
Expected life  6.5 years   6 years