SHARE-BASED COMPENSATION (Details)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Months Ended |
12 Months Ended |
|
|
|
|
May. 20, 2015
$ / shares
shares
|
Apr. 14, 2015
Employee
$ / shares
shares
|
Feb. 12, 2015
$ / shares
shares
|
Feb. 10, 2015
$ / shares
shares
|
Feb. 21, 2014
USD ($)
$ / shares
shares
|
May. 29, 2013
USD ($)
$ / shares
shares
|
Nov. 15, 2012
USD ($)
$ / shares
shares
|
Sep. 25, 2011
$ / shares
shares
|
May. 20, 2011
$ / shares
shares
|
May. 02, 2011
$ / shares
shares
|
Jan. 12, 2011
USD ($)
$ / shares
shares
|
Feb. 28, 2010
USD ($)
|
Feb. 23, 2010
$ / shares
|
Jul. 31, 2009
Option
$ / shares
shares
|
Oct. 31, 2014
USD ($)
shares
|
Feb. 28, 2010
shares
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
Dec. 31, 2014
USD ($)
$ / shares
shares
|
Dec. 31, 2013
USD ($)
$ / shares
|
Dec. 31, 2012
USD ($)
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
May. 08, 2013
shares
|
Feb. 01, 2013
$ / shares
shares
|
Oct. 23, 2008
shares
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,353,000
|
$ 2,141,000
|
$ 1,215,000
|
|
|
|
|
|
Warrants and Rights Note Disclosure [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, issued (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
100,000
|
|
Strike price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 10.00
|
|
Warrant term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50.00%
|
|
|
|
|
|
|
|
Vesting of warrant in year one, description |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
equal increments of 1/12th each calendar month throughout the first year
|
|
|
|
|
|
|
|
Vesting of warrant thereafter, description |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
equal increments of 1/36th each calendar month over years 2 through 4 contingent upon continuous investor relations service under the consulting agreement
|
|
|
|
|
|
|
|
Investor relations expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 79,000
|
180,000
|
|
|
|
|
|
Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares of common stock issued (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares of Restricted Stock [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at beginning of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
167,040
|
|
|
|
|
|
|
|
Vested (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(19,000)
|
|
|
|
|
|
|
|
Outstanding at end of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
148,040
|
0
|
|
|
|
|
|
|
Expected to vest (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
148,040
|
|
|
|
148,040
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at beginning of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14.15
|
|
|
|
|
|
|
|
Vested (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14.22
|
|
|
|
|
|
|
|
Outstanding at end of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 14.14
|
$ 0
|
|
|
|
|
|
|
Unrecognized compensation cost related to non-vested share-based compensation | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,700,000
|
|
|
|
Weighted average recognition period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 years 3 months 18 days
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected to vest, end of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
148,040
|
|
|
|
|
|
|
|
Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,645,000
|
$ 2,063,000
|
$ 1,214,000
|
|
|
|
|
|
Shares of Restricted Stock [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected to vest (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
522,500
|
|
|
|
522,500
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrecognized compensation cost related to non-vested share-based compensation | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,900,000
|
|
|
|
Weighted average recognition period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 years
|
|
|
|
|
|
|
|
Number of shares of common stock issued (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Number of shares register under stock option plans (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,500,000
|
|
1,000,000
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
Aggregate options outstanding (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,598,191
|
1,598,191
|
|
|
1,376,437
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at beginning of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,598,191
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Expired (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Exercised (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(221,754)
|
|
|
|
|
|
|
|
Forfeited (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Outstanding at end of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,376,437
|
1,598,191
|
|
|
|
|
|
|
Expected to vest, end of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
522,500
|
|
|
|
|
|
|
|
Exercisable, end of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
653,937
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at beginning of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 7.16
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Expired (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Exercised (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.94
|
|
|
|
|
|
|
|
Forfeited (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Outstanding at end of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7.68
|
$ 7.16
|
|
|
|
|
|
|
Expected to vest, end of period (in dollars of period) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 10.63
|
|
|
|
|
|
|
|
Exercisable, end of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.63
|
|
|
|
Weighted Average Remaining Contractual Life [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding, weighted average remaining contractual life |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 years 1 month 6 days
|
|
|
|
|
|
|
|
Expected to vest, weighted average remaining contractual life |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7 years 9 months 18 days
|
|
|
|
|
|
|
|
Exercisable, weighted average remaining contractual life |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years 7 months 6 days
|
|
|
|
|
|
|
|
Intrinsic Value [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding, Intrinsic value | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6,483,000
|
|
|
|
Expected to vest, Intrinsic value | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
920,000
|
|
|
|
Exercisable, Intrinsic value | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 3,767,000
|
|
|
|
Options and warrants shares to purchase in the money (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,400,000
|
|
|
|
Weighted average grant date fair value of options (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
$ 12.26
|
$ 7.71
|
|
|
|
|
|
Aggregate intrinsic value of options exercised | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,300,000
|
$ 1,600,000
|
$ 142,000
|
|
|
|
|
|
Cash received upon exercise of options | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 123,000
|
$ 91,000
|
$ 60,000
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-vested, beginning of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
825,250
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Forfeited (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Vested (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(325,250)
|
|
|
|
|
|
|
|
Non-vested, end of period (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
500,000
|
825,250
|
|
|
|
|
|
|
Weighted Average Grant-Date Fair Value Per Share [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-vested, at beginning of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 9.59
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
$ 12.26
|
$ 7.71
|
|
|
|
|
|
Forfeited (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Vested (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7.79
|
|
|
|
|
|
|
|
Non-vested, end of period (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 10.76
|
$ 9.59
|
|
|
|
|
|
|
Fair value of options vested in period | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,496,000
|
|
|
|
|
|
|
Director [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 43,000
|
|
|
|
|
|
|
|
Shares of Restricted Stock [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
30,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
$ 12.39
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
Employees [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 12,000
|
|
|
|
|
|
|
|
Shares of Restricted Stock [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
1,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
$ 12.03
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of employees | Employee |
|
2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years with the company |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30 years
|
|
|
|
|
|
|
|
Officer and Key Employees [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 395,000
|
|
|
|
|
|
|
|
Shares of Restricted Stock [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
118,040
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
$ 14.59
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
25.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 years
|
|
|
|
|
|
|
|
Executive Vice President [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 79,310
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares of common stock issued (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,000
|
|
|
|
|
|
|
|
|
|
Non-Employee Director [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 9,000
|
66,000
|
$ 113,000
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
$ 2.82
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
Expected dividends | $ |
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
$ 2.82
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
Non-Employee Director [Member] | Stock Options [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
|
|
|
|
|
|
338.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
|
|
|
|
|
|
|
2.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-Employee Director [Member] | Stock Options [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
|
|
|
|
|
|
467.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
|
|
|
|
|
|
|
3.68%
|
|
|
|
|
|
|
|
|
|
|
|
|
Director Joseph Palm [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
0
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options awarded, term |
|
|
|
|
|
|
|
10 years
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 3.52
|
$ 3.90
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
|
4 years 8 months 1 day
|
1 year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate options outstanding (in shares) |
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share lots vesting (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,000
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
80,000
|
19,333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at end of period (in shares) |
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 3.52
|
$ 3.90
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
80,000
|
19,333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Director Joseph Palm [Member] | Stock Options [Member] | Stock Options Issued on September 25, 2011 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
65,000
|
65,000
|
65,000
|
|
|
|
|
|
Director John Townsend [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
80,000
|
80,000
|
80,000
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options awarded, term |
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
$ 4.09
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
|
|
|
|
|
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
$ 4.09
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Key Employees [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
40,000
|
475,000
|
475,000
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options awarded, term |
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 4.86
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
|
|
|
|
|
|
|
25.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
|
|
|
|
4 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected dividends | $ |
|
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
391,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 4.86
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
391,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Key Employees [Member] | Stock Options [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
|
|
|
|
|
96.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
|
|
|
|
|
|
1.26%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Key Employees [Member] | Stock Options [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
|
|
|
|
|
413.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
|
|
|
|
|
|
3.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Director Gary Adams [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
120,000
|
120,000
|
120,000
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options awarded, term |
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
$ 7.14
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
|
|
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
|
87.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected dividends | $ |
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
|
|
6 years 6 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
|
|
0.92%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
$ 7.14
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Hatem El Khalidi [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
97,000
|
97,000
|
97,000
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of options awarded | Option |
|
|
|
|
|
|
|
|
|
|
|
|
|
2
|
|
|
|
|
|
|
|
|
|
|
Compensation expense reversed | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 413,000
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
200,000
|
|
|
|
|
|
|
|
|
|
|
Intrinsic Value [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average grant date fair value of options (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 3.40
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
200,000
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant-Date Fair Value Per Share [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 3.40
|
|
|
|
|
|
|
|
|
|
|
Simon Upfill-Brown [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
126,000
|
126,000
|
$ 84,000
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options awarded, term |
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
$ 7.71
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
|
|
25.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
|
4 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
85.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected dividends | $ |
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
|
6 years 3 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
|
1.33%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
90,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
|
$ 7.71
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
|
90,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Various Employees [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
258,000
|
|
|
|
|
|
|
|
Shares of Restricted Stock [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
18,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
$ 14.34
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Various Employees [Member] | Stock Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Compensation expense | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,108,000
|
$ 955,000
|
|
|
|
|
|
|
Weighted Average Grant Date Price per Share [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options awarded, term |
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price (in dollars per share) | $ / shares |
|
|
|
|
$ 12.26
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting percentage |
|
|
|
|
25.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vesting period |
|
|
|
|
4 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
84.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected dividends | $ |
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (in years) |
|
|
|
|
6 years 3 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free interest rate |
|
|
|
|
1.95%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Exercise Price Per Share [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in dollars per share) | $ / shares |
|
|
|
|
$ 12.26
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares [Rollforward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted (in shares) |
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|