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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2014 and 2013:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in thousands)
 
2014
 
2013
 
2014
 
2013
Nonvested stock
 
$
187

 
$
54

 
$
388

 
$
136

Stock options
 
268

 
64

 
535

 
128

Restricted stock units
 
40

 

 
57

 

Stock based compensation
 
$
495

 
$
118

 
$
980

 
$
264

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 six months ended June 30, 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
 

 

 
11,124

 
18.39

 
9,000

 
18.22

Vested/exercised
 
(29,218
)
 
2.60

 

 

 
(14,804
)
 
0.97

Forfeited
 

 

 

 

 
(26,250
)
 
14.00

June 30, 2014
 
398,775

 
$
16.68

 
21,124

 
$
16.29

 
682,430

 
$
10.14