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Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of expenses related to share-based payments
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

Schedule of nonvested stock awards, restricted stock units and stock option activity
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