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Equity and Long-Term Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Options Plan Activity

The summary of stock based compensation activity for the nine months ended September 30, 2016, with respect to the Trust’s stock options, was as follows:

 

          Weighted        
    Number of     Average     Aggregate  
    Options     Exercise Price     Intrinsic Value  
Balance as of December 31, 2015     106,000       7.96       41,340  
Plan Awards     -                  
Options Exercised     -                  
Balance as of September 30, 2016     106,000       7.96       16,960  
Options vested at September 30, 2016     106,000       7.96       -  

Summary of Restricted Stock Plan Activity

The summary of Plan activity for the nine months ended September 30, 2016, with respect to the Trust’s restricted stock, was as follows:

 

    Number of     Weighted  
    Shares of     Average  
    Restricted     Grant Date  
    Stock     Fair Value  
Balance as of December 31, 2015     24,875       7.58  
Plan Awards     42,250       5.02  
Restricted Stock Vested     (20,442 )     (6.90 )
Balance as of September 30, 2016     46,683       5.54