Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Stock-Based Compensation [Abstract]

Schedule of stock option activity

A summary of the stock option activity for the first three months of 2020 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, 2019		16,000	$	4.73		3.97	$	3,505
Granted		—	$	—		—	$	—
Exercised		—	$	—		—	$	—
Expired		—	$	—		—	$	—
Forfeited		—	$	—		—	$	—
Options outstanding at March 31, 2020		16,000	$	4.73		3.72	$	—
Options exercisable at March 31, 2020		16,000	$	4.73		3.72	$	—

Table summarizes restricted stock award activity

The following table summarizes restricted stock award activity for the first three months of 2020:

	Number of Shares			Weighted Average Grant Date Fair Value
Awards outstanding December 31, 2019	58,961		$	4.32
Granted	8,950			3.49
Vested	(26,802	)		3.75
Forfeited	—			—
Awards outstanding at March 31, 2020	41,109		$	4.52