|
Stock Compensation Plans (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
The Company has granted stock options to newly-hired employees in conjunction with their employment agreements or in connection with acquisitions, which are outside of the option plans. A summary of the status of these options at December 31, 2012 and changes during the years ended December 31, 2012, 2011 and 2010 are presented below:
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Shares |
|
Weighted- Average Exercise Price |
|
Weighted- Average Remaining Contractual Term (Years) |
|
Aggregate Intrinsic Value |
| Options outstanding, December 31, 2009 |
|
|
5,764,000 |
|
|
$ |
1.39 |
|
|
|
6.97 |
|
|
$ |
112 |
|
| Exercised |
|
|
(639,000 |
) |
|
|
0.47 |
|
|
|
|
|
|
|
|
|
| Forfeited |
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|
(650,000 |
) |
|
|
0.66 |
|
|
|
|
|
|
|
|
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| Options outstanding, December 31, 2010, 2011 and 2012 |
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|
4,475,000 |
|
|
$ |
1.63 |
|
|
|
4.44 |
|
|
$ |
516 |
|
| Vested or expected to vest |
|
|
4,475,000 |
|
|
$ |
1.63 |
|
|
|
4.44 |
|
|
$ |
516 |
|
| Options exercisable, December 31, 2012 |
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|
4,475,000 |
|
|
$ |
1.63 |
|
|
|
4.44 |
|
|
$ |
516 |
|
|
|
Employee and Director Option [Member]
|
|
| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
The fair value of each option award was estimated on the date of grant using the Black-Scholes option pricing model using the following weighted-average assumptions:
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Year Ended December 31, |
| |
|
2012 |
|
2011 |
|
2010 |
| Dividend yield |
|
|
0.00 |
% |
|
|
0.00 |
% |
|
|
0.00 |
% |
| Expected volatility |
|
|
62.87 |
% |
|
|
81.15 |
% |
|
|
92.23 |
% |
| Risk-free interest rate |
|
|
1.00 |
% |
|
|
2.28 |
% |
|
|
2.77 |
% |
| Expected life (in years) |
|
|
6.16 |
|
|
|
6.23 |
|
|
|
6.25 |
|
|
|
Securities America Acquisition [Member]
|
|
| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
The Company valued the options at $9,531 (fair value of $1.19 per option) on the date of grant using the Black-Sholes option pricing model using the following weighted-average assumptions.
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|
|
|
Year Ended December 31, 2011 |
| Dividend yield |
|
|
0.00 |
% |
| Expected volatility |
|
|
62.16 |
% |
| Risk-free interest rate |
|
|
2.06 |
% |
| Expected life (in years) |
|
|
10.0 |
|
|
|
Plan 1999 [Member]
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|
| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
A summary of the status of the 1999 Plan at December 31, 2012 and changes during the years ended December 31, 2012, 2011 and 2010 are presented below:
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Shares |
|
Weighted- Average Exercise Price |
|
Weighted- Average Remaining Contractual Term (Years) |
|
Aggregate Intrinsic Value |
| Options outstanding, December 31, 2009 |
|
|
15,117,290 |
|
|
$ |
1.46 |
|
|
|
6.91 |
|
|
$ |
200 |
|
| Granted |
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|
3,200,000 |
|
|
|
0.90 |
|
|
|
|
|
|
|
|
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| Exercised |
|
|
(706,050 |
) |
|
|
0.59 |
|
|
|
|
|
|
|
|
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| Forfeited |
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|
(416,000 |
) |
|
|
1.96 |
|
|
|
|
|
|
|
|
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| Options outstanding, December 31, 2010 |
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|
17,195,240 |
|
|
|
1.38 |
|
|
|
6.53 |
|
|
|
2,980 |
|
| Granted |
|
|
1,655,000 |
|
|
|
1.27 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
(634,772 |
) |
|
|
0.88 |
|
|
|
|
|
|
|
|
|
| Forfeited |
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|
(65,000 |
) |
|
|
1.73 |
|
|
|
|
|
|
|
|
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| Expired |
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(385,000 |
) |
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|
2.72 |
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|
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|
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| Options outstanding, December 31, 2011 |
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|
17,765,468 |
|
|
|
1.36 |
|
|
|
6.03 |
|
|
|
19,977 |
|
| Granted |
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|
500,000 |
|
|
|
2,80 |
|
|
|
|
|
|
|
|
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| Exercised |
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|
(881,500 |
) |
|
|
0.88 |
|
|
|
|
|
|
|
|
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| Forfeited |
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|
(35,000 |
) |
|
|
1.90 |
|
|
|
|
|
|
|
|
|
| Expired |
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(46,500 |
) |
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|
0.27 |
|
|
|
|
|
|
|
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| Options outstanding, December 31, 2012 |
|
|
17,302,468 |
|
|
$ |
1.43 |
|
|
|
5.35 |
|
|
$ |
4,475 |
|
| Vested or expected to vest |
|
|
17,287,184 |
|
|
$ |
1.43 |
|
|
|
5.34 |
|
|
$ |
4,473 |
|
| Options exercisable, December 31, 2012 |
|
|
14,013,718 |
|
|
$ |
1.45 |
|
|
|
4.78 |
|
|
$ |
3,511 |
|
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|
Plan 2009 [Member]
|
|
| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
A summary of the status of the 2009 Plan at December 31, 2012 and changes during the years ended December 31, 2012, 2011 and 2010 are presented below:
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
Weighted- Average Exercise Price |
|
Weighted- Average Remaining Contractual Term (Years) |
|
Aggregate Intrinsic Value |
| Options outstanding, December 31, 2009 |
|
|
140,000 |
|
|
$ |
0.79 |
|
|
|
9.75 |
|
|
$ |
— |
|
| Granted |
|
|
1,105,000 |
|
|
|
1.03 |
|
|
|
|
|
|
|
— |
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| Options outstanding, December 31, 2010 |
|
|
1,245,000 |
|
|
|
1.00 |
|
|
|
9.34 |
|
|
|
211 |
|
| Granted |
|
|
11,320,743 |
|
|
|
1.61 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
(50,000 |
) |
|
|
0.80 |
|
|
|
|
|
|
|
|
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| Forfeited |
|
|
(11,749 |
) |
|
|
1.68 |
|
|
|
|
|
|
|
|
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| Options outstanding, December 31, 2011 |
|
|
12,503,994 |
|
|
|
1.55 |
|
|
|
9.59 |
|
|
|
11,651 |
|
| Granted |
|
|
3,725,000 |
|
|
|
2.57 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
| Forfeited |
|
|
(291,279 |
) |
|
|
1.73 |
|
|
|
|
|
|
|
|
|
| Options outstanding, December 31, 2012 |
|
|
15,937,715 |
|
|
$ |
1.78 |
|
|
|
8.73 |
|
|
$ |
790 |
|
| Vested or expected to vest |
|
|
15,294,126 |
|
|
$ |
1.79 |
|
|
|
8.72 |
|
|
$ |
786 |
|
| Options exercisable, December 31, 2012 |
|
|
3,656,312 |
|
|
$ |
1.49 |
|
|
|
8.46 |
|
|
$ |
348 |
|
|