Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Summary of Stock Option Plans and Changes

A summary of the status of the Company’s stock option plans and the changes during the nine months ended September 30, 2013, is presented in the table below:

 

     Number of
Options
     Weighted
Average
Exercise
Price
(per share)
     Weighted
Average
Remaining
Contractual
Life
     Intrinsic
Value
 

Options outstanding at January 1, 2013

     200,000       $ 3.05         4.2 years       $ —    

Granted

     —         $ —           

Exercised

     —         $ —           

Forfeited

     —         $ —           
  

 

 

          

Options outstanding at September 30, 2013

     200,000       $ 3.05         3.5 years       $ —    
  

 

 

          

Exercisable, September 30, 2013

     200,000       $ 3.05         3.5 years       $ —