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Stock and Incentive Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2014
Stock and Incentive Compensation Plans [Abstract]  
Summary of stock and incentive plans' vesting periods and contractual terms
The following table summarizes the stock and incentive plans’ vesting periods and contractual terms in years:

  
Vesting
Period
  
Contractual
Term
 
Stock option awards - 1997 plan
  
4
   
10
 
Stock option awards - 2005 plan
  
5
   
7
 
Performance awards (includes acheivement shares for grants after 2013)
  
3
   
-
 
Achievement shares from performance grants prior to 2013
  
3
   
-
 
Time-vested awards
  
3
   
-
 

Summary of stock and incentive plan activity
The following tables summarize the stock and incentive plan activity for the periods presented:

  
Three Months Ended September 30, 2014
 
  
Stock
Options
  
Performance
Awards
  
Time-Vested
Awards
 
Outstanding/nonvested shares, beginning of period
  
-
   
184,133
   
331,183
 
Forfeited
  
-
   
-
   
(1,249
)
Outstanding/nonvested shares, end of period
  
-
   
184,133
   
329,934
 
             
  
Nine Months Ended September 30, 2014
 
  
Stock
Options
  
Performance
Awards
  
Time-Vested
Awards
 
Outstanding/nonvested shares, beginning of period
  
105,450
   
160,520
   
291,634
 
Granted
  
-
   
73,726
   
104,190
 
Exercised or released from restriction
  
-
   
(38,580
)
  
(60,706
)
Expired
  
(105,450
)
  
-
   
-
 
Forfeited
  
-
   
(11,533
)
  
(5,184
)
Outstanding/nonvested shares, end of period
  
-
   
184,133
   
329,934
 

Compensation expense for stock and incentive plans
The following table presents information regarding compensation expense for stock and incentive plans for the periods presented ($ in thousands):

  
Three Months Ended September 30,
  
Nine Months Ended September 30,
 
Compensation expense - stock and incentive plans:
 
2014
  
2013
  
2014
  
2013
 
Performance awards
 
$
267
  
$
222
  
$
797
  
$
620
 
Time-vested awards
  
788
   
754
   
2,493
   
2,230
 
Total
 
$
1,055
  
$
976
  
$
3,290
  
$
2,850