Share Repurchase

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Share Repurchase

Share Repurchase

On August 15, 2013, the Company Board of Directors terminated the Company's existing stock repurchase plan and approved a replacement repurchase plan on substantially the same terms in an amount up to $7.0 million that is scheduled to expire on May 14, 2014. Since August 15, 2013 the Company has purchased 127,510 shares at a total cost of approximately $1.3 million during the year ended December 31, 2013, leaving $5.7 million for future purchase. No additional shares were repurchased during the three months ended March 31, 2014.