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Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share-based compensation expense

Stock compensation expense recorded as a component of equity consisted of the following for the years ended December 31:

		2015				2014				2013
Share-based compensation - employees		$	456,749			$	660,963			$	614,818
Share-based compensation - nonemployees		165,754				99,931				56,116
Total share-based compensation		$	622,503			$	760,894			$	670,934

Schedule of stock options activity

Stock option activity for 2015 and 2014 was as follows:

		Number of shares			Weighted-average exercise price per share				Weighted- average remaining contractual term (years)		Aggregate intrinsic value
Outstanding, December 31, 2013		356,496			$	6.96			1.0		$	360
Options granted		—			—
Options exercised		—			—
Options forfeited or expired		(198,140	)		6.46
Outstanding, December 31, 2014		158,356			7.62				0.4		2,320
Options granted		—			—
Options exercised		(5,652	)		5.75
Options forfeited or expired		(140,404	)		7.41
Outstanding, December 31, 2015		12,300			10.89				1.6		$	—
Exercisable at December 31, 2015		12,300			$	10.89			1.6		$	—

Schedule of stock options activity, additional disclosures

Information related to the stock option plans during 2015, 2014 and 2013 was as follows:

		2015				2014				2013
Intrinsic value of options exercised		$	3,875			$	—			$	212,444
Weighted-average fair value of options exercised		$	3.26			$	—			$	0.12

Schedule of restricted stock activity

Restricted stock activity was as follows:

		Number of shares			Weighted- average grant-date fair value
Nonvested, December 31, 2013		520,584			$	5.05
Shares granted		219,734			4.68
Shares vested		(11,300	)		4.78
Shares forfeited		(36,181	)		5.41
Nonvested, December 31, 2014		692,837			4.92
Shares granted		225,661			6.72
Shares vested		(81,270	)		5.22
Shares forfeited		(97,179	)		5.49
Nonvested, December 31, 2015		740,049			5.36

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Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 14.F)
-URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14
-Section F

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

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-Name Accounting Standards Codification
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-Paragraph 2
-Subparagraph (c)(1)
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