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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Stock-Based Compensation [Abstract]  
Schedule of stock option activity

A summary of the option activity for the first nine months of 2017 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, 2016
    132,500     $ 6.15       4.50     $  
Granted
        $           $  
Exercised
      $           $  
Expired
    (12,000 ) $ 9.43           $  
Forfeited
    (22,000 )
$ 5.72           $  




 


                 
Options outstanding at September 30, 2017     98,500  
$ 5.85
    3.95
  $
Options exercisable at September 30, 2017     90,625     $ 5.99       3.71
  $  
Table summarizes restricted stock award activity

A summary of the restricted stock awards and stock award activity for the first nine months of 2017 is as follows:

 


 

Number of
Shares

 

 

Weighted
Average
Grant Date
Fair Value

Awards outstanding December 31, 2016

 



$

 

Granted

 

95,045




3.08

 

Vested

 

(63,045

)



3.15

 

Expired

 




 

Forfeited

 

 




 

Awards outstanding at September 30, 2017

 

32,000



$

2.95