Share Based Compensation (Tables)

3 Months Ended

Mar. 31, 2016

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

The following is a summary of stock option activity under the Plan as of and for the three months ended March 31, 2016:

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
	Shares			Price ($)		Term (Years)		Value ($)
Outstanding at December 31, 2015		9,480,497			2.19
Granted		402,000			0.92
Exercised		—			—
Cancelled/Forfeited		(792,998	)		1.80
Outstanding at March 31, 2016		9,089,499			2.17		6.9		234,627
Exercisable at March 31, 2016		6,864,944			2.19		6.2		229,622

Assumptions Used in Fair Value Measurement of Options Granted

	March 31,
	2016			2015
Risk-free interest rate		1.3	%		1.5	%
Annualized volatility		50.2	%		54.8	%
Weighted average expected life, in years		6.00			6.00
Expected dividend yield		0.0	%		0.0	%

Schedule of Performance Stock Unit Awards and Restricted Stock Granted Under Long Term Incentive Program

The performance stock unit awards and restricted stock unit awards granted under the long term incentive program are summarized in the following table:

	Performance Stock Units				Restricted Stock Units
	Number of Shares		Weighted Average Grant Date Fair Value ($)		Number of Shares			Weighted Average Grant Date Fair Value ($)
Outstanding at December 31, 2015		956,178		2.40		714,828			2.32
Granted		—				—
Vested/settled		—				(112,298	)		2.41
Forfeited/expired		—				(194,142	)		2.31
Outstanding at March 31, 2016		956,178		2.40		408,388			2.31