Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2013

Stock Compensation Plans [Abstract]

Stock option activity

Stock option activity for the Company’s Stock Incentive Plan during the years indicated is as follows:

	Stock Options
	Number of shares			Weighted average exercise price
Balance at December 31, 2012		383,045		$	11.71
Granted		22,950			5.88
Exercised		—			—
Cancelled		—			—
Expired		(48,502	)		7.74
Balance at December 31, 2013		357,493		$	11.87

Information on stock options

The following table presents information on stock options for the year ended December 31, 2013:

	Number of Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value		Weighted Average Remaining Contractual Term
Options exercised		—	$	—	$	—
Stock options outstanding and expected to vest:		357,493	$	11.87	$	181		2.73
Stock options vested and currently exercisable:		311,503	$	12.84	$	92		1.90

Weighted average assumptions used in valuing stock options granted

The following table shows our weighted average assumptions used in valuing stock options granted for the years ended December 31:

	2013			2012			2011
Risk-Free Interest Rate		0.86	%		0.87	%		1.91	%
Expected Dividend Yield		0.00	%		0.00	%		0.00	%
Expected Life in Years		5.00			5.00			5.00
Expected Price Volatility		54.36	%		53.06	%		50.98	%

Information about non-vested restricted stock awards outstanding

The following table presents information about non-vested restricted stock awards outstanding for the year ended December 31, 2013:

	Restricted Stock Awards
	Number of shares			Weighted average grant date fair value
Balance at December 31, 2012		47,707		$	4.53
Granted		20,880			5.89
Vested		(8,805	)		4.37
Cancelled/Forfeited		—			—
Balance at December 31, 2013		59,782		$	5.03