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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock-Based Compensation Expense
Total stock-based compensation expense recognized using the straight-line attribution method in the consolidated statement of operations for the years ended December 31 is as follows:
($ in thousands)
2014
 
2013
 
2012
Stock option compensation expense for employees and directors
$
1,236

 
$
1,045

 
$
1,200

Equity awards for nonemployees issued for services
3

 
105

 
24

Total stock-based compensation expense
$
1,239

 
$
1,150

 
$
1,224

Details of Fair Value Option Award
The fair market value of the stock options at the date of grant was estimated using the Black-Scholes option-pricing model with the following weighted average assumptions for the years ended December 31:
 
2014
 
2013
 
2012
Expected life
5 years, 11 months

 
5 years, 7 months

 
5 years, 8 months

Interest rate
1.9
%
 
1.6
%
 
1.6
%
Dividend yield

 

 

Volatility
70
%
 
71
%
 
64
%
Summary of Stock Option Activity
 
Number of shares
 
Weighted-
average 
exercise 
price
 
Weighted-
average
 remaining 
contractual term
 (in years)
 
Aggregate 
intrinsic 
value
Outstanding at December 31, 2011
544,340

 
$
19.25

 
7 years, 6 months
 
$

Granted
38,000

 
$
8.02

 
 
 
 

Forfeited
(20,315
)
 
$
15.48

 
 
 
 

Outstanding at December 31, 2012
562,025

 
$
18.56

 
7 years
 
$

Granted
1,532,000

 
$
4.15

 
 
 
 

Forfeited
(25,305
)
 
$
14.71

 
 
 
 

Outstanding at December 31, 2013
2,068,720

 
$
7.93

 
8 years, 5 months
 
$
544

Granted
348,000

 
$
4.19

 
 
 
 

Expired
(51,637
)
 
$
21.61

 
 
 
 
Forfeited
(278,633
)
 
$
4.45

 
 
 
 

Outstanding at December 31, 2014
2,086,450

 
$
7.43

 
7 years, 2 months
 
$

Exercisable at December 31, 2014
1,100,250

 
$
10.63

 
7 years, 2 months
 
$