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Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

The following table displays restricted share award activity during the three months ended March 31, 2014:



	Number of Restricted Shares	Weighted-Average Issue Price
Unvested, December 31, 2013	24,000	$	9.33
Granted	—	—
Vested	—	—
Forfeited	—	—
Unvested, March 31, 2014	24,000	$	9.33

Schedule of Share-based Compensation, Activity for Services

The following table reflects the shares of common stock issued to directors in lieu of cash compensation:



	Three Months Ended March 31,
	2014		2013
Shares issued in lieu of cash	—		1,500
Value of shares issued in lieu of cash (in thousands)	$	—	$	13

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References+ Details