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Long-Term Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Based Compensation Activity

The summary of Plan activity for the year ended December 31, 2018, 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, 2017     106,000       7.96            -  
Plan Awards     -       -       -  
Options Exercised     -       -       -  
Balance as of December 31, 2018     106,000       7.96       -  
Options vested at December 31, 2018     106,000       7.96       -  

 

The summary of Plan activity for the year ended December 31, 2017, 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, 2016     106,000       7.96            -  
Plan Awards     -       -       -  
Options Exercised     -       -       -  
Balance as of December 31, 2017     106,000       7.96       -  
Options vested at December 31, 2017     106,000       7.96       -  

Summary of Restricted Stock Plan Activity

The summary of stock based compensation activity for the year ended December 31, 2018, 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, 2017     48,833       6.17  
Plan Awards     42,800       6.03  
Restricted Stock Vested     (37,600 )     5.92  
Balance as of December 31, 2018     54,033       6.23  

 

The summary of Stock Based Compensation activity for the year ended December 31, 2017, 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, 2016     38,633       5.31  
Plan Awards     42,400       6.89  
Restricted Stock Vested     (32,200 )     6.09  
Balance as of December 31, 2017     48,833       6.17