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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of outstanding options
The following table summarizes the outstanding options, options granted, exercised, and forfeited or expired, as well as the corresponding weighted average exercise prices, for the years ended December 31, 2015, 2014 and 2013:
Options
 
Shares
 
Weighted-
Average
Exercise Price
Outstanding at January 1, 2013
 
75,000

 
$
7.50

Granted
 

 


Exercised
 

 
 

Forfeited or expired
 

 


Outstanding at December 31, 2013
 
75,000

 
7.50

Granted
 

 


Exercised
 

 
 

Forfeited or expired
 

 


Outstanding at December 31, 2014
 
75,000

 
7.50

Granted
 

 
 
Exercised
 

 
 
Forfeited or expired
 

 
 
Outstanding at December 31, 2015
 
75,000

(1)
7.50

Exercisable at December 31, 2015
 
75,000

 
7.50

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(1) The remaining contractual life of the outstanding options is