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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Company's Stock Option Plans

A summary of the status of the Company’s stock option plans as of December 31, 2015 is as follows:

 

     Number of
Options
    Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Life
     Aggregate
Intrinsic
Value
(in thousands)
 

Outstanding, December 31, 2014

     445,684        8.28         5.11 years         45,625  

Granted

     630,000        6.80         

Exercised

     (15,625     5.28            21,436   

Forfeited

     (40,375     11.18         
  

 

 

   

 

 

       

 

 

 

Outstanding, December 31, 2015

     1,019,684      $ 7.30         5.46 years       $ 3,607,077   
  

 

 

   

 

 

       

 

 

 

Vested

     319,429        8.30         4.33 years         1,060,969   

Unvested

     700,255        6.84            2,546,108   
  

 

 

   

 

 

       

 

 

 

Vested or expected to vest, December 31, 2015

     1,019,684      $ 7.30         5.46 years       $ 3,607,077   
  

 

 

   

 

 

       

 

 

 

Exercisable, December 31, 2015

     319,429      $ 8.30         4.33 years       $ 1,060,969   
Summary of Company's Restricted Stock Activity and Related Information

A summary of the Company’s restricted stock activity and related information for the year ended December 31, 2015 is as follows:

 

     Shares      Weighted
Average
Grant Date
Fair Value
 

Unvested, December 31, 2014

     22,830       $ 6.47   

Granted

     13,106       $ 11.71   

Vested

     (23,291    $ 6.49   

Forfeited

     —        $ —    
  

 

 

    

Unvested, December 31, 2015

     12,645       $ 11.86