Stock-based Compensation (Tables)

A summary of the transactions under the 2005 Plan for the nine months ended September 30, 2018 is as follows:

				Weighted
	Number of			Average		Aggregate
	Options			Exercise		Intrinsic
	Outstanding			Price		Value
Outstanding, as of January 1, 2018		335,000		$	3.99
Options granted		—			—
Options exercised		(60,000	)		3.25
Options forfeited		—			—
Options expired		—			—
Outstanding, as of September 30, 2018		275,000			3.90	$	2,116,950
Fully vested and expected to vest		272,000			3.86	$	2,104,340
Vested		263,000		$	3.74	$	2,066,510

Information related to the 2005 Plan for the periods indicated follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
		2018		2017		2018		2017
Intrinsic value of options exercised	$	234,410	$	—	$	486,860	$	166,950
Cash received from option exercises		118,750		—		195,000		101,550
Tax benefit realized from option exercised		—		—		—		—

A summary of stock options outstandings under the 2010 Plan for the nine months ended September 30, 2018 is as follows:

				Weighted
	Number of			Average		Aggregate
	Options			Exercise		Intrinsic
	Outstanding			Price		Value
Outstanding, as of January 1, 2018		795,000		$	4.22
Options granted		—			—
Options exercised		(105,000	)		3.04
Options forfeited		—			—
Options expired		—			—
Outstanding, as of September 30, 2018		690,000			4.40	$	4,969,400
Fully vested and expected to vest		667,500			4.28	$	4,888,400
Vested		600,000		$	3.86	$	4,645,400

Information related to stock options exercised under the 2010 Plan for the periods indicated follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
		2018		2017		2018		2017
Intrinsic value of options exercised	$	—	$	—	$	876,050	$	370,000
Cash received from option exercises		—		—		319,050		228,000
Tax benefit realized from option exercised		—		—		159,525		121,609

Information related to non-vested restricted stock awards under the 2010 Plan for the periods indicated follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
		2018		2017		2018		2017
Tax benefit realized from awards vested	$	272,133	$	123,406	$	285,289	$	211,753

A summary of the changes in the Company’s non-vested restricted stock awards under the 2010 Plan for the nine months ended September 30, 2018 is as follows:

	Shares Issued			Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested, as of January 1, 2018		453,500		$	5.95
Awards granted		148,000			12.71
Awards vested		(141,500	)		5.91
Awards forfeited		(15,000	)		5.75
Non-vested, as of September 30, 2018		445,000		$	8.22	$	5,162,000