Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Plan

The following is the activity under the Plan during the years ended December 31, 2015 and 2014:

 

 

 

2015

 

 

2014

 

 

 

Units

 

 

Weighted Average

Grant Date

Fair Value

 

 

Units

 

 

Weighted Average

Grant Date

Fair Value

 

Beginning balance

 

 

46,957

 

 

$

7.39

 

 

 

0

 

 

$

0

 

Granted

 

 

279,023

 

 

 

7.98

 

 

 

46,957

 

 

 

7.39

 

Vested

 

 

0

 

 

 

0

 

 

 

0

 

 

 

0

 

Forfeited

 

 

(5,000

)

 

 

7.88

 

 

 

0

 

 

 

0.00

 

Ending balance

 

 

320,980

 

 

$

7.90

 

 

 

46,957

 

 

$

7.39