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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2015
2011 Long-Term Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of June 30, 2015, and changes during the six months ended June 30, 2015, are presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock
Options

 

Weighted average
exercise price

 

Weighted
average remaining
contractual term

 

Aggregate
intrinsic value

Outstanding as of December 31, 2014

 

366,400 

 

$

9.81 

 

6.9 

 

$

268,400 

Granted

 

13,000 

 

 

8.98 

 

10.0 

 

 

 -

Exercised

 

 -

 

 

 -

 

 -

 

 

 -

Forfeited

 

(30,000)

 

 

 -

 

 -

 

 

 -

Outstanding as of June 30, 2015

 

349,400 

 

$

9.34 

 

7.1 

 

$

268,400 

Exercisable as of June 30, 2015

 

278,401 

 

$

9.48 

 

6.4 

 

$

229,774