Stock-Based Compensation Plan (Tables)

3 Months Ended

Mar. 31, 2017

Stock-Based Compensation Plan [Abstract]

Summary of option activity with respect to the independent directors

	Number of Shares		Average Exercise Price per Share		Weighted Average Remaining Contractual Term in Years
Outstanding at January 1, 2016		4,000	$	10.2		4.77
Exercisable at January 1, 2016		4,000		10.2		4.77
Granted		-		-		-
Exercised		-		-		-
Forfeited		-		-		-
Outstanding at December 31, 2016		4,000		10.2		3.77
Exercisable at December 31, 2016		4,000		10.2		3.77
Granted		-		-		-
Exercised		-		-		-
Forfeited		-		-		-
Outstanding at March 31, 2017		4,000		10.2		3.52
Exercisable at March 31, 2017		4,000	$	10.2		3.52