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Stock Based Compensation
 9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Based Compensation
Stock Based Compensation
The following table highlights the expense related to stock based compensation for the three and nine months ended September 30, 2015 and 2014:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands)
 
2015
 
2014
 
2015
 
2014
Nonvested stock
 
$
141

 
$
263

 
$
382

 
$
651

Stock options
 
625

 
537

 
1,595

 
1,072

Restricted stock units
 
9

 
68

 
124

 
125

Stock based compensation
 
$
775

 
$
868

 
$
2,101

 
$
1,848


The following is a summary of nonvested stock and restricted stock unit activity for the nine months ended September 30, 2015.
 
 
Nonvested Stock
 
Restricted Stock Units
 
 
Number of
Shares
Outstanding
 
Weighted
Average
Grant Date
Fair Value
 
Number of
Units
Outstanding
 
Weighted
Average
Grant Date
Fair Value
December 31, 2014
 
83,940

 
$
17.46

 
16,124

 
$
17.02

Granted
 
—

 
—

 
—

 
—

Vested
 
(29,031
)
 
17.20

 
(16,124
)
 
17.02

Forfeited
 
—

 
—

 
—

 
—

September 30, 2015
 
54,909

 
$
17.59

 
—

 
$
—


During the nine months ended September 30, 2015, certain employees elected to surrender a total of 9,516 shares to the Company to satisfy their tax withholding obligations in connection with the vesting of restricted stock awards. These surrendered shares are reflected as treasury stock on the condensed consolidated balance sheets.

The following is a summary of stock options award activity for the nine months ended September 30, 2015:
 
 
Number of
Options
Outstanding
 
Weighted
Average
Exercise
Price
December 31, 2014
 
1,023,637

 
$
13.59

Granted
 
—

 
—

Exercised
 
(3,447
)
 
14.00

Forfeited
 
(22,793
)
 
17.68

Expired
 
(3,328
)
 
14.41

September 30, 2015
 
994,069

 
$
13.49