Share Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

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

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes RSU activity for the years ended December 31, 2016 and 2015:

	2016					2015
	Number of Restricted Stock Units			Weighted - Average Grant Date Fair Value		Number of Restricted Stock Units			Weighted - Average Grant Date Fair Value
Unvested RSU’ s at beginning of period		407,493		$	2.48		131,250		$	4.81
Granted		600,000			0.97		444,202			1.84
Forfeited		(17,342	)		1.62		-			-
Vested		(287,543	)		2.22		(167,959	)		2.61
Unvested RSU’ s at end of period		702,608		$	1.31		407,493		$	2.48

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes stock options outstanding and changes during the years ended December 31, 2016 and 2015:

	2016					2015
	Number of Stock Options			Weighted - Average Exercise Price		Number of Stock Options			Weighted - Average Exercise Price
Stock options outstanding at beginning of period		86,500		$	1.85		-		$	-
Granted		368,333			1.47		87,500			1.85
Exercised		-			-		-			-
Expired		(10,325	)		1.85		-			-
Canceled or forfeited		(19,508	)		1.85		(1,000	)		1.85
Stock options outstanding at end of period		425,000		$	1.52		86,500		$	1.85
Stock options exercised at end of period		-		$	-		-		$	-

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair value of stock options granted to employees and directors in 2016 and 2016 was estimated at the grant date using the Black-Scholes option pricing model using the following assumptions:

Expected volatility	51	%
Discount rate	1.16	%
Expected life (years)	3
Dividend yield	N/A