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Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Stock Compensation [Abstract]  
Nonvested Restricted Stock Activity Under LTEIP
Non-vested restricted stock activity for the year ended December 31, 2012 is depicted in the table below. Granted shares represent non-vested shares issued to settle an obligation under the LTEIP plan during the period.

 
 
 
 
 
 
 
 
 
 
 
Weighted Average
 
 
 
Shares
 
 
Fair Value
 
 
 
2012
 
 
2011
 
 
2010
 
 
2012
 
 
2011
 
 
2010
 
Non-vested at beginning of year
 
 
22,813
 
 
 
46,854
 
 
 
-
 
 
$
7.84
 
 
$
5.88
 
 
$
-
 
Granted/settled
 
 
73,946
 
 
 
51,992
 
 
 
101,355
 
 
$
3.43
 
 
$
7.84
 
 
$
5.88
 
Vested
 
 
(64,312
)
 
 
(76,033
)
 
 
(50,676
)
 
$
4.99
 
 
$
6.63
 
 
$
5.88
 
Forfeited
 
 
-
 
 
 
-
 
 
 
(3,825
)
 
$
-
 
 
$
-
 
 
$
5.88
 
Non-vested at end of year
 
 
32,447
 
 
 
22,813
 
 
 
46,854
 
 
$
3.43
 
 
$
7.84
 
 
$
5.88
 
Nonvested Stock Retention
Retention stock activity for the year ended December 31, 2012 was as follows:

 
 
 
 
 
 
 
 
 
 
 
Weighted Average
 
 
 
Shares
 
 
Fair Value
 
 
 
2012
 
 
2011
 
 
2010
 
 
2012
 
 
2011
 
 
2010
 
Non-vested at beginning of year
 
 
20,159
 
 
 
29,920
 
 
 
36,150
 
 
$
7.68
 
 
$
7.47
 
 
$
7.63
 
Granted
 
 
14,300
 
 
 
7,600
 
 
 
6,650
 
 
$
10.88
 
 
$
9.31
 
 
$
7.63
 
Vested
 
 
(19,609
)
 
 
(13,861
)
 
 
(11,630
)
 
$
8.35
 
 
$
8.13
 
 
$
8.16
 
Forfeited
 
 
(3,700
)
 
 
(3,500
)
 
 
(1,250
)
 
$
8.65
 
 
$
7.66
 
 
$
6.31
 
Non-vested at end of year
 
 
11,150
 
 
 
20,159
 
 
 
29,920
 
 
$
10.28
 
 
$
7.68
 
 
$
7.47
 

Stock options activity
A summary of all stock option activity for the year ended December 31, 2012 is as follows:

 
 
 
 
 
 
 
 
 
 
Weighted Average
 
 
Stock Options
 
 
Exercise Price
 
 
2012
 
 
2011
 
 
2010
 
 
2012
 
 
2011
 
 
2010
 
Outstanding at beginning of year
 
 
247,650
 
 
 
343,250
 
 
 
430,950
 
 
$
11.28
 
 
$
12.45
 
 
$
12.87
 
Granted
 
 
-
 
 
 
10,000
 
 
 
-
 
 
$
-
 
 
$
9.03
 
 
$
-
 
Exercised
 
 
(9,833
)
 
 
(13,000
)
 
 
-
 
 
$
8.82
 
 
$
8.94
 
 
$
-
 
Forfeited
 
 
(5,800
)
 
 
(5,800
)
 
 
-
 
 
$
10.98
 
 
$
12.51
 
 
$
-
 
Expired
 
 
(88,200
)
 
 
(86,800
)
 
 
(87,700
)
 
$
13.73
 
 
$
15.94
 
 
$
14.52
 
Outstanding at end of year
 
 
143,817
 
 
 
247,650
 
 
 
343,250
 
 
$
9.95
 
 
$
11.28
 
 
$
12.45
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at end of year
 
 
137,150
 
 
 
237,650
 
 
 
343,250
 
 
$
10.00
 
 
$
11.37
 
 
$
12.45
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair value of options vesting
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
During the year
 
$
3,000
 
 
$
-
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intrinsic value of options
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercised during the year
 
$
8,000
 
 
$
36,000
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
Information with respect to stock options outstanding and exercisable
The following tables provide certain information with respect to stock options outstanding and exercisable at December 31, 2012:

 
 
 
 
 
 
 
Weighted
 
 
Stock Options
 
 
Weighted Average
 
 
Average Remaining
 
Range of Exercise Prices
 
Outstanding
 
 
Exercise Price
 
 
Contractual Life (Years)
 
$6.00 - $8.00
 
 
15,000
 
 
$
6.95
 
 
 
3.67
 
$8.00 - $12.00
 
 
128,817
 
 
 
10.30
 
 
 
1.67
 
 
 
143,817
 
 
$
9.95
 
 
 
1.88
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate intrinsic value
 
 
 
 
 
$
89,000
 
 
 
 
 


 
 
 
 
 
 
 
Weighted
 
 
Stock Options
 
 
Weighted Average
 
 
Average Remaining
 
Range of Exercise Prices
 
Exercisable
 
 
Exercise Price
 
 
Contractual Life (Years)
 
$6.00 - $8.00
 
 
15,000
 
 
$
6.95
 
 
 
3.67
 
$8.00 - $12.00
 
 
122,150
 
 
 
10.37
 
 
 
1.30
 
 
 
137,150
 
 
$
10.00
 
 
 
1.56
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate intrinsic value
 
 
 
 
 
$
84,000