14. Employee Compensation and Benefits (Tables)

9 Months Ended

Sep. 30, 2013

Employee Benefits and Share-based Compensation [Abstract]

Weighted average assumptions used to value stock options

	Nine Months
	Ended
	September 30, 2013
Weighted average expected stock price volatility		66.8	%
Estimated dividend yield		0.0	%
Risk-free interest rate		1.0	%
Expected life of option (in years)		6.0
Weighted average fair value per share	$	4.64

Stock Option Activity

Option Shares	Shares			Average Exercise Price
Outstanding at December 31, 2012(1)		1,711,167		$	4.87
Granted		295,000			4.07
Exercised		(40,000	)		2.79
Cancelled		(318,834	)		6.09
Expired	─			─
Outstanding at September 30, 2013		1,647,333		$	4.54
Vested and exercisable, end of period		837,994		$	4.61

Range of exercise price

		Options Outstanding		Options Exercisable
Range of Exercise Price ($)		Shares	Remaining Contractual Life (years)	Shares	Price ($)
1.94 - 2.20		5,000	1.4	5,000	$	2.20
3.31 – 4.20	(1)	1,278,000	7.5	638,000		3.71
6.10		137,666	7.9	89,994		6.10
7.75 – 8.62		136,667	8.5	58,334		8.13
9.02 – 10.35		90,000	8.3	46,666		9.82
		1,647,333	7.5	837,994	$	3.75

Restricted stock

				Weighted Average
				Grant Date
Restricted Stock Shares	Shares			Fair Value
Nonvested at December 31, 2012		728,333		$	7.47
Granted		357,654			3.42
Vested		(138,332	)		7.85
Forfeited		(284,867	)		6.46
Nonvested at September 30, 2013		662,788		$	5.64

Stock-Based Compensation Expense

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Employees	$	401,000	$	546,000	$	1,216,000	$	1,412,000
Non-employees/Directors		91,000		132,000		300,000		489,000
Total	$	492,000	$	678,000	$	1,516,000	$	1,901,000