Stock Options (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Company's stock Options Activity

A summary of the Company’s stock options activity for the 2003 and 2012 Plan is presented below:

	Number of Options			Weighted Average Exercise Price ($/option)		Aggregate Intrinsic Value ($)
Outstanding as of January 1, 2018		1,028,500		$	4.98	$	2,982,650
Granted		2,800			2.37		—
Exercised		(156,300	)		4.93		—
Forfeited / Expired		(71,000	)		4.98		—
Outstanding as of  December 31, 2018		804,000		$	4.98	$	1,575,840
Vested and expected to vest  at  December 31, 2018		804,000		$	4.98		1,575,840
Exercisable as of  December 31, 2018		804,000		$	4.98	$	1,575,840

Summary of Company's Non-Vested Restricted Shares Activity

A summary of the Company’s non-vested restricted share activity for the 2012 plan is presented below:

	Number of Non-Vested Restricted Shares			Weighted Average Grant Date Fair Value ($)
Non-vested as of January 1, 2018		272,000		$	4.98
Granted		2,000,000			8.25
Vested		(220,500	)		4.98
Forfeited		(51,500	)		4.98
Non-vested as of  December 31, 2018		2,000,000		$	8.25

Summary of Company's Non-Vested Restricted Shares Activity

As at December 31, 2018

Exercise Prices ($/option)		Number of Options Outstanding		Remaining Average Contractual Life (years)		Average Exercise Price ($/option)		Number of Options Exercisable		Remaining Contractual Life (years)		Average Exercise Price ($/option)
$	4.98		804,000		4.33		4.98		804,000	$	4.33	$	4.98
			804,000		4.33		4.98		804,000		4.33		4.98