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Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Stock Compensation [Abstract]  
Nonvested Restricted Stock Activity Under LTEIP
Non-vested restricted stock activity for the years ended December 31, 2013, 2012 and 2011 is depicted in the table below. Granted shares represent non-vested shares issued to settle an obligation under the LTEIP plan during the period.

 
 
Shares
  
Weighted Average
Fair Value
 
 
 
2013
  
2012
  
2011
  
2013
  
2012
  
2011
 
Non-vested at beginning of year
  
32,447
   
22,813
   
46,854
  
$
3.43
  
$
7.84
  
$
5.88
 
Granted/settled
  
68,699
   
73,946
   
51,992
  
$
9.83
  
$
3.43
  
$
7.84
 
Vested
  
(72,621
)
  
(64,312
)
  
(76,033
)
 
$
6.97
  
$
4.99
  
$
6.63
 
Forfeited
  
-
   
-
   
-
  
$
-
  
$
-
  
$
-
 
Non-vested at end of year
  
28,525
   
32,447
   
22,813
  
$
9.83
  
$
3.43
  
$
7.84
 

Nonvested Stock Retention
Retention stock activity for the years ended December 31, 2013, 2012 and 2011 is as follows:

 
 
Shares
  
Weighted Average
Fair Value
 
 
 
2013
  
2012
  
2011
  
2013
  
2012
  
2011
 
Non-vested at beginning of year
  
11,150
   
20,159
   
29,920
  
$
10.28
  
$
7.68
  
$
7.47
 
Granted
  
33,950
   
14,300
   
7,600
  
$
8.76
  
$
10.88
  
$
9.31
 
Vested
  
(13,015
)
  
(19,609
)
  
(13,861
)
 
$
9.78
  
$
8.35
  
$
8.13
 
Forfeited
  
(800
)
  
(3,700
)
  
(3,500
)
 
$
10.57
  
$
8.65
  
$
7.66
 
Non-vested at end of year
  
31,285
   
11,150
   
20,159
  
$
8.77
  
$
10.28
  
$
7.68
 

Stock options activity
A summary of all stock option activity for the years ended December 31, 2013, 2012 and 2011 was as follows:
 
 
 
Stock Options
  
Weighted Average
Exercise Price
 
 
 
2013
  
2012
  
2011
  
2013
  
2012
  
2011
 
Outstanding at beginning of year
  
143,817
   
247,650
   
343,250
  
$
9.95
  
$
11.28
  
$
12.45
 
Granted
  
-
   
-
   
10,000
  
$
-
  
$
-
  
$
9.03
 
Exercised
  
(25,117
)
  
(9,833
)
  
(13,000
)
 
$
8.87
  
$
8.82
  
$
8.94
 
Forfeited
  
-
   
(5,800
)
  
(5,800
)
 
$
-
  
$
10.98
  
$
12.51
 
Expired
  
(16,250
)
  
(88,200
)
  
(86,800
)
 
$
9.15
  
$
13.73
  
$
15.94
 
Outstanding at end of year
  
102,450
   
143,817
   
247,650
  
$
10.35
  
$
9.95
  
$
11.28
 
 
                        
Exercisable at end of year
  
99,116
   
137,150
   
237,650
  
$
10.39
  
$
10.00
  
$
11.37
 
 
                        
Fair value of options vesting during the year
 
$
3,000
  
$
3,000
  
$
-
             
 
                        
Intrinsic value of options exercised during the year
 
$
32,000
  
$
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, 2013:

Range of Exercise Prices
  
Stock Options
Outstanding
  
Weighted Average
Exercise Price
  
Weighted
Average Remaining
Contractual Life (Years)
 
$6.00 - $8.00
   
15,000
  
$
6.95
   
2.67
 
$8.00 - $12.00
   
87,450
   
10.93
   
1.36
 
     
102,450
  
$
10.35
   
1.56
 
               
Aggregate intrinsic value
      
$
254,000
     

Range of Exercise Prices
  
Stock Options
Exercisable
  
Weighted Average
Exercise Price
  
Weighted Average Remaining
Contractual Life (Years)
 
$6.00 - $8.00
   
15,000
  
$
6.95
   
2.67
 
$8.00 - $12.00
   
84,116
   
11.00
   
1.13
 
     
99,116
  
$
10.39
   
1.36
 
               
Aggregate intrinsic value
      
$
242,000