Stock Based Compensation

3 Months Ended

Mar. 31, 2014

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

Based Compensation

The following table highlights the expense related to stock based compensation for the three months ended March 31, 2014 and 2013:



	Three Months Ended March 31,
(in thousands)	2014		2013
Nonvested stock	$	201	$	82
Stock options	267		64
Restricted stock units	17		—
Stock based compensation	$	485	$	146

The following is a summary of nonvested stock, restricted stock unit and stock option activity for the three months ended March 31, 2014:



	Nonvested Stock			Restricted Stock Units			Stock Options
	Number of Shares Outstanding	Weighted Average Grant Date Fair Value		Number of Units Outstanding	Weighted Average Grant Date Fair Value		Number of Options Outstanding		Weighted Average Exercise Price
December 31, 2013	427,993	$	15.72	10,000	$	13.96	714,484		$	9.98
Granted	—	—		—	—		6,000		18.14
Vested/exercised	—	—		—	—		—		—
Forfeited	—	—		—	—		(1,000	)	14.00
March 31, 2014	427,993	$	15.72	10,000	$	13.96	719,484		$	10.05

- Definition

The 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.

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