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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of the option activity

A summary of the option activity for the first six months of 2014 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of
Shares

 

Weighted
Average
Exercise
Price per
Share

 

Weighted
Average
Remaining
Contractual
Term (in years)

 

Aggregate
Intrinsic
Value

 

Options outstanding at December 31, 2013

 

 

339,750

 

$

6.73

 

 

6.9

 

$

9,000

 

Granted

 

 

167,500

 

$

4.92

 

 

9.7

 

$

4,650

 

Exercised

 

 

 

$

 

 

 

$

 

Expired

 

 

 

$

 

 

 

$

 

Forfeited

 

 

(27,562

)

$

5.66

 

 

 

$

325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding at June 30, 2014

 

 

479,688

 

$

6.16

 

 

7.6

 

$

 

Options exercisable at June 30, 2014

 

 

144,938

 

$

7.61

 

 

4.9

 

$