Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2017

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

Schedule of stock option activity

A summary of the option activity for the first three 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	-	-	-	-
Forfeited	(22,000)	5.72	-	-
Options outstanding at March 31, 2017	110,500	$        6.24	4.00	$               -
Options exercisable at March 31, 2017	92,000	$        6.56	3.38	$               -

Table summarizes restricted stock award activity

 

	Number of Shares		Weighted Average Grant Date Fair Value
Awards outstanding December 31, 2016	-	$	-
Granted	53,443		2.93
Exercised	(21,443)		2.90
Expired	-		-
Forfeited	-		-
Awards outstanding at March 31, 2017	32,000	$	2.95