Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

A summary of the option options

A summary of the option activity for the first six months of 2016 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, 2015	307,750	$        5.96	6.3	$               46
Granted	-	$            -	-	$               -
Exercised	-	$            -	-	$               -
Expired	(8,000)	$      12.50	-	$               -
Forfeited	(58,000)	$        5.26	-	$               -
Options outstanding at June 30, 2016	241,750	$        5.91	5.7	$               -
Options exercisable at June 30, 2016	202,250	$        6.07	5.3	$               -

A summary of the restricted stock awards and stock awards

A summary of the restricted stock awards and stock award activity for the first six months of 2016 is as follows:

	Number of Shares	Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Awards outstanding at December 31, 2015	-	-	$               -
Granted	131,689	-	$      351,521
Exercised	(22,051)	-	$        54,249
Expired	-	-	$               -
Forfeited	(99,638)	-	$               -
Awards outstanding at June 30, 2016	10,000	0.49	$        22,400
Awards exercisable at June 30, 2016	-	-	$               -