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Stock Based Compensation (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2014 and 2013:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands)
 
2014
 
2013
 
2014
 
2013
Nonvested stock
 
$
263

 
$
171

 
$
651

 
$
307

Stock options
 
537

 
129

 
1,072

 
257

Restricted stock units
 
68

 
9

 
125

 
9

Stock based compensation
 
$
868

 
$
309

 
$
1,848

 
$
573

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 nine months ended September 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
 
44,245

 
20.34

 
11,124

 
18.39

 
362,939

 
20.29

Vested/exercised
 
(35,566
)
 
4.62

 
(5,000
)
 
13.96

 
(14,804
)
 
0.97

Forfeited
 

 

 

 

 
(27,000
)
 
14.00

September 30, 2014
 
436,672

 
$
17.09

 
16,124

 
$
17.02

 
1,035,619

 
$
13.62