| Nonvested Restricted Stock Shares Activity |
The following table summarizes the Company’s other restricted stock activity: | | | | | | | | | Shares | | Wtd. Avg. Price at Date of Issuance | Nonvested at December 31, 2014 | — |
| | $ | — |
| Granted | 67,076 |
| | 12.15 |
| Vested | (22,364 | ) | | 12.15 |
| Nonvested at December 31, 2015 | 44,712 |
| | 12.15 |
| Granted | — |
| | — |
| Vested | (22,364 | ) | | 12.15 |
| Nonvested at December 31, 2016 | 22,348 |
| | 12.15 |
|
As of December 31, 2016, total unrecognized stock-based compensation expense related to non-vested restricted stock was $38,000, which is expected to be recognized over a weighted-average period of one year.
|
| Schedule of Nonvested Share Activity |
| | | | | | | | | Shares | | Wtd. Avg. Grant-Date Fair Value | Nonvested at December 31, 2013 | 53,324 |
| | $ | 1.37 |
| Vested | (25,342 | ) | | 1.37 |
| Forfeited | (3,998 | ) | | 1.37 |
| Nonvested at December 31, 2014 | 23,984 |
| | 1.37 |
| Vested | (23,984 | ) | | 1.37 |
| Forfeited | — |
| | — |
| Nonvested at December 31, 2015 | — |
| | — |
|
|