2.4.0.8019 - Disclosure - Stock Based Compensationtruefalsefalse1false falsefalseContext_FYE_31-Dec-2012http://www.sec.gov/CIK0001569994duration2012-01-01T00:00:002012-12-31T00:00:001true 1us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Stock Based Compensation [Abstract]2false 2us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00<div style="font: /normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; -webkit-text-stroke-width: 0px;">10)      Stock Based Compensation   Stock-Based Compensation Plan   In 2006, the Company’s shareholders approved the 2006 Equity Incentive Plan.  All stock awards granted under this plan vest over a period of five years and are required to be settled in shares of the Company’s common stock.  The exercise price for all stock options granted is equal to the quoted NASDAQ market close price on the date that the awards were granted and expire ten years after the grant date, if not exercised.  All restricted stock grants are issued from previously unissued shares.   Accounting for Stock-Based Compensation Plan   The fair value of stock options granted is estimated on the grant date using a Black-Scholes pricing model.   The fair value of restricted shares is equal to the quoted NASDAQ market close price on the date of grant.  The fair value of stock grants is recognized as compensation expense on a straight-line basis over the vesting period of the grants.  Compensation expense is included in compensation, payroll taxes and other employee benefits in the consolidated statements of income.   Assumptions are used in estimating the fair value of stock options granted.  The weighted average expected life of the stock options represent the period of time that the options are expected to be outstanding and is based on the SEC simplified approach to calculating expected term.  The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant.  The expected volatility is based on the actual volatility of Waterstone Financial, Inc. stock from the original date of issue, October 4, 2005.  The following assumptions were used in estimating the fair value of options granted in the year ended December 31, 2012 and 2010.  There were no options granted during the year ended December 31, 2011.   <table style="width: 60%; margin-left: 1.5in; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="padding: 0in; width: 447px;" valign="bottom" width="59%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="4%">   </td> <td style="border-style: none none solid; padding: 0in; width: 113px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="15%" colspan="2"> 2012 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="4%">   </td> <td style="border-style: none none solid; padding: 0in; width: 111px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="15%" colspan="2"> 2010 </td> <td style="padding: 0in; width: 14px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 447px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="59%"> Dividend Yield </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="4%">   </td> <td style="padding: 0in; border: currentcolor; width: 113px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%" colspan="2"> 0.00 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="4%"> % </td> <td style="padding: 0in; border: currentcolor; width: 111px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%" colspan="2"> 0.00 </td> <td style="padding: 0in; width: 14px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> % </td> </tr> <tr> <td style="padding: 0in; width: 447px;" valign="bottom" width="59%"> Risk-free interest rate </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="4%">   </td> <td style="padding: 0in; width: 113px;" valign="bottom" width="15%" colspan="2"> 0.25 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="4%"> % </td> <td style="padding: 0in; width: 111px;" valign="bottom" width="15%" colspan="2"> 0.25 </td> <td style="padding: 0in; width: 14px;" valign="bottom" width="1%"> % </td> </tr> <tr> <td style="padding: 0in; width: 447px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="59%"> Expected volatility </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="4%">   </td> <td style="padding: 0in; width: 113px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%" colspan="2"> 74.53 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="4%"> % </td> <td style="padding: 0in; width: 111px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%" colspan="2"> 75.67 </td> <td style="padding: 0in; width: 14px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> % </td> </tr> <tr> <td style="padding: 0in; width: 447px;" valign="bottom" width="59%"> Weighted average expected life </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="4%">   </td> <td style="padding: 0in; width: 113px;" valign="bottom" width="15%" colspan="2"> 6.5 years </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="4%">   </td> <td style="padding: 0in; width: 111px;" valign="bottom" width="15%" colspan="2"> 6.5 years </td> <td style="padding: 0in; width: 14px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 447px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="59%"> Weighted average per share value of options </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="4%">   </td> <td style="padding: 0in; width: 10px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 103px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="13%"> 1.25 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="4%">   </td> <td style="padding: 0in; width: 9px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 102px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="13%"> 2.54 </td> <td style="padding: 0in; width: 14px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="border: currentcolor;" width="267"></td> <td style="border: currentcolor;" width="18"></td> <td style="border: currentcolor;" width="7"></td> <td style="border: currentcolor;" width="61"></td> <td style="border: currentcolor;" width="18"></td> <td style="border: currentcolor;" width="7"></td> <td style="border: currentcolor;" width="61"></td> <td style="border: currentcolor;" width="11"></td> </tr> </table>   The Company estimates potential forfeitures of stock grants and adjusts compensation expense recorded accordingly.  The estimate of forfeitures will be adjusted over the requisite service period to the extent that actual forfeitures differ, or are expected to differ, from such estimates.  Changes in estimated forfeitures will be recognized in the period of change and will also impact the amount of stock compensation expense to be recognized in future periods.   A summary of the Company’s stock option activity for the years ended December 31, 2012, 2011 and 2010 is presented below. </div> <div style="font: /normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; -webkit-text-stroke-width: 0px;">   <table style="width: 94%; margin-left: 27.35pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%"> Weighted Average </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> Aggregate </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> Weighted Average </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%"> Years Remaining in </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> Instrinsic Value </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="border-style: none none solid; padding: 0in; width: 410px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="34%"> Stock Options </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="12%"> Shares </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 166px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="14%" colspan="2"> Exercise Price </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 177px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="15%"> Contractual Term </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="12%"> (000’s) </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; border: currentcolor; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Outstanding December 31, 2009 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> 757,500 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2"> 17.41 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%"> 7.07 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Options exercisable at December 31, 2009 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> 298,000 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 17.60 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%"> 7.03 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%">   </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 141px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%"> 50,000 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 16px;" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%"> 3.80 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Exercised </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="12%"> (5,000 </td> <td style="padding: 0in 0in 0.375pt; width: 32px;" valign="bottom" width="2%"> ) </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 17.67 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Outstanding December 31, 2010 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> 802,500 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2"> 16.44 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%"> 6.34 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Options exercisable at December 31, 2010 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> 446,500 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 17.54 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%"> 6.04 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%">   </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 141px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Exercised </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="12%"> (10,000 </td> <td style="padding: 0in 0in 0.375pt; width: 32px;" valign="bottom" width="2%"> ) </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 17.16 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Outstanding December 31, 2011 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> 792,500 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2"> 16.32 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%"> 5.37 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Options exercisable at December 31, 2011 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> 599,000 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 17.28 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%"> 5.12 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%">   </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; border: currentcolor; width: 141px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%">   </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%"> 255,000 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 16px;" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="12%"> 2.03 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> — </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Exercised </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> (3,000 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%"> ) </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2"> 4.65 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> 9 </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="12%"> (24,000 </td> <td style="padding: 0in 0in 0.375pt; width: 32px;" valign="bottom" width="2%"> ) </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 8.93 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 141px;" valign="bottom" width="12%"> (72 </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%"> ) </td> </tr> <tr> <td style="padding: 0in; width: 410px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="34%"> Outstanding December 31, 2012 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> 1,020,500 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="14%" colspan="2"> 13.11 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="15%"> 5.69 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="12%"> 1,622 </td> <td style="padding: 0in; width: 13px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 410px;" valign="bottom" width="34%"> Options exercisable at December 31, 2012 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> 744,500 </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 166px;" valign="bottom" width="14%" colspan="2"> 16.59 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="padding: 0in; width: 177px;" valign="bottom" width="15%"> 4.31 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="2%">   </td> <td style="border-style: none none double; padding: 0in; width: 141px; border-bottom-color: windowtext; border-bottom-width: 2.25pt;" valign="bottom" width="12%"> 80 </td> <td style="padding: 0in; width: 13px;" valign="bottom" width="1%">   </td> </tr> </table>   The following table summarizes information about the Company’s nonvested stock option activity for the years ended December 31, 2012 and 2011:   <table style="width: 73%; margin-left: 1in; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="padding: 0in; width: 462px;" valign="bottom" width="50%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="16%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 227px;" valign="bottom" width="25%" colspan="2"> Weighted Average </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="border-style: none none solid; padding: 0in; width: 462px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="50%"> Stock Options </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="16%"> Shares </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 227px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="25%" colspan="2"> Grant Date Fair Value </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; border: currentcolor; width: 462px;" valign="bottom" width="50%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px;" valign="bottom" width="16%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; border: currentcolor; width: 227px;" valign="bottom" width="25%" colspan="2">   </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="50%"> Nonvested at December 31, 2010 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 356,000 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 11px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 216px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%"> 5.60 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px;" valign="bottom" width="50%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="16%"> — </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 227px;" valign="bottom" width="25%" colspan="2">   </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="50%"> Vested </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> (160,500 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 227px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="25%" colspan="2"> 5.79 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px;" valign="bottom" width="50%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="16%"> (2,000 </td> <td style="padding: 0in 0in 0.375pt; width: 31px;" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 227px;" valign="bottom" width="25%" colspan="2"> 6.04 </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="50%"> Nonvested at December 31, 2011 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 193,500 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 227px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="25%" colspan="2"> 5.31 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px;" valign="bottom" width="50%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px;" valign="bottom" width="16%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 227px;" valign="bottom" width="25%" colspan="2">   </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="50%"> Nonvested at December 31, 2011 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 193,500 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 11px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 216px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%"> 5.31 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px;" valign="bottom" width="50%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="16%"> 255,000 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 227px;" valign="bottom" width="25%" colspan="2"> 1.33 </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="50%"> Vested </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> (158,500 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 227px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="25%" colspan="2"> 5.78 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px;" valign="bottom" width="50%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="16%"> (14,000 </td> <td style="padding: 0in 0in 0.375pt; width: 31px;" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 227px;" valign="bottom" width="25%" colspan="2"> 1.32 </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 462px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="50%"> Nonvested at December 31, 2012 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 276,000 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 227px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="25%" colspan="2"> 1.48 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> </table>   The Company amortizes the expense related to stock options as compensation expense over the vesting period.  During the year ended December 31, 2012, 255,000 options were granted, 24,000 were forfeited, of which 10,000 were vested and 3,000 shares were exercised.  During the year ended December 31, 2011, 10,000 were forfeited, of which 8,000 were vested.  During the year ended December 31, 2010, 50,000 options were granted and 5,000 were forfeited, of which 2,000 were vested. </div> <div style="font: /normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; -webkit-text-stroke-width: 0px;">   Expense for the stock options granted of $94,000, $745,000 and $810,000 was recognized during the years ended December 31, 2012, 2011 and 2010, respectively.  At December 31, 2012, the Company had $305,000 in estimated unrecognized compensation costs related to outstanding stock options that is expected to be recognized over a weighted average period of 40 months.   The following table summarizes information about the Company’s restricted stock shares activity for the years ended December 31, 2012 and 2011:   <table style="width: 73%; margin-left: 1in; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="padding: 0in; width: 479px;" valign="bottom" width="52%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="16%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px;" valign="bottom" width="23%" colspan="2"> Weighted Average </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="border-style: none none solid; padding: 0in; width: 479px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="52%"> Restricted Stock </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="16%"> Shares </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 210px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="23%" colspan="2"> Grant Date Fair Value </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; border: currentcolor; width: 479px;" valign="bottom" width="52%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px;" valign="bottom" width="16%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; border: currentcolor; width: 210px;" valign="bottom" width="23%" colspan="2">   </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="52%"> Nonvested at December 31, 2010 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 101,400 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 11px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%"> $ </td> <td style="padding: 0in; width: 199px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="21%"> 16.91 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px;" valign="bottom" width="52%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="16%"> — </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px;" valign="bottom" width="23%" colspan="2"> — </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="52%"> Vested </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> (49,200 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 210px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%" colspan="2"> 17.24 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px;" valign="bottom" width="52%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="16%"> — </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px;" valign="bottom" width="23%" colspan="2"> — </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="52%"> Nonvested at December 31, 2011 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 52,200 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%" colspan="2"> 16.61 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px;" valign="bottom" width="52%">   </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; border: currentcolor; width: 150px;" valign="bottom" width="16%">   </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px;" valign="bottom" width="23%" colspan="2">   </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="52%"> Nonvested at December 31, 2011 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 52,200 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%" colspan="2"> 16.61 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px;" valign="bottom" width="52%"> Granted </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px;" valign="bottom" width="16%"> 100,000 </td> <td style="padding: 0in; width: 31px;" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px;" valign="bottom" width="23%" colspan="2"> 1.89 </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="52%"> Vested </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 150px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> (49,200 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 210px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%" colspan="2"> 17.24 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px;" valign="bottom" width="52%"> Forfeited </td> <td style="padding: 0in; width: 32px;" valign="bottom" width="3%">   </td> <td style="border-style: none none solid; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 1pt;" valign="bottom" width="16%"> (2,000 </td> <td style="padding: 0in 0in 0.375pt; width: 31px;" valign="bottom" width="3%"> ) </td> <td style="padding: 0in; width: 210px;" valign="bottom" width="23%" colspan="2"> 4.65 </td> <td style="padding: 0in; width: 12px;" valign="bottom" width="1%">   </td> </tr> <tr> <td style="padding: 0in; width: 479px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="52%"> Nonvested at December 31, 2012 </td> <td style="padding: 0in; width: 32px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="border-style: none none double; padding: 0in; width: 150px; border-bottom-color: windowtext; border-bottom-width: 2.25pt; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="16%"> 101,000 </td> <td style="padding: 0in; width: 31px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="3%">   </td> <td style="padding: 0in; width: 210px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="23%" colspan="2"> 1.96 </td> <td style="padding: 0in; width: 12px; background-color: #cceeff;" bgcolor="#cceeff" valign="bottom" width="1%">   </td> </tr> <tr> <td style="border: currentcolor;" width="287"></td> <td style="border: currentcolor;" width="19"></td> <td style="border: currentcolor;" width="90"></td> <td style="border: currentcolor;" width="19"></td> <td style="border: currentcolor;" width="7"></td> <td style="border: currentcolor;" width="120"></td> <td style="border: currentcolor;" width="7"></td> </tr> </table>   The Company amortizes the expense related to restricted stock awards as compensation expense over the vesting period.  During the year ended December 31, 2012, 100,000 shares of restricted stock were granted and 2,000 were forfeited.  During the years ended December 31, 2011 and 2010, no shares of restricted stock were awarded and no shares were forfeited.  Expense for the restricted stock awards of $51,000, $848,000 and $848,000 was recorded for the years ended December 31, 2012, 2011 and 2010, respectively.  At December 31, 2012, the Company had $158,000 of unrecognized compensation expense related to restricted stock shares that is expected to be recognized over a weighted average period 40 months. </div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64, 65, A240 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 93-6 -Paragraph 53 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. false0Stock Based CompensationfalseStock Based CompensationUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://wsbonline.com/role/StockBasedCompensation12