Share Based Compensation (Tables)

12 Months Ended

Dec. 31, 2015

Share Based Compensation [Abstract]

Grants in period - Fair value

	Grant date	Final vesting date	Total shares granted		Grant Date Fair Value
A.	April 19, 2011	April 19, 2014		100,000	$	11.050
B.	July 14, 2011	April 19, 2014		8,000	$	10.735
C.	December 5, 2011	December 31, 2014		209,000	$	10.230
D.	January 2, 2012	December 31, 2014		8,000	$	8.660
E.	February 3, 2012	December 31, 2014		1,000	$	8.275
F.	November 14, 2012	December 31, 2014		315,000	$	5.345
G.	February 4, 2013	December 31, 2014		34,000	$	6.110
H.	November 22, 2013	December 31, 2015		315,000	$	3.175
I.	December 19, 2013	December 31, 2015		16,000	$	2.910
J.	November 10, 2014	December 31, 2016		340,000	$	0.910
K.	February 26, 2015	December 31, 2016		70,000	$	0.845
L.	March 17, 2015	December 31, 2016		30,000	$	0.835
M.	December 15, 2015	December 31, 2017		280,000	$	0.185

Activity for non-vested share awards

	Number of shares			Weighted Average Fair Value
Non-vested, January 1, 2015		505,500		$	2.326
Granted		380,000			0.592
Cancelled		(22,000	)		0.845
Vested		(374,500	)		2.566
Non-vested, December 31, 2015		489,000		$	0.744