Stockholders' Equity (Tables)
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9 Months Ended |
Sep. 30, 2015 |
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| Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
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| Schedule of Share-based Compensation, Activity |
The following table summarizes the stock-based compensation expense from stock option awards, restricted common stock awards, employee stock purchase programs and warrants granted by Fortress for the three and nine months ended September 30, 2015 and 2014: | | | For the three months ended | | For the nine months ended | | | | | September 30, | | September 30, | | | ($ in thousands) | | 2015 | | 2014 | | 2015 | | 2014 | | | Employee awards | | $ | 3,296 | | $ | 1,460 | | $ | 6,284 | | $ | 4,035 | | | Executive awards of Fortress Companies' stock | | | 2,229 | | | - | | | 2,229 | | | - | | | Non-employee awards | | | 10 | | | 24 | | | 24 | | | 47 | | | Fortress Companies (1) | | | 2,966 | | | - | | | 3,359 | | | - | | | Total stock-based compensation expense | | $ | 8,501 | | $ | 1,484 | | $ | 11,896 | | $ | 4,082 | | | (1) |
Includes for Avenue $37,600 for compensation expense on stock grants, Coronado SO approximately $178,500 for a stock grant made in connection with a license acquired, Checkpoint approximately $0.6 million for a stock grant made in connection with a license acquired and $2.1 million for compensation expense, Mustang approximately $147,000 for a stock grant made in connection with the license acquired, and JMC $279,500 for compensation expenses for the nine months ended September 30, 2015. |
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| Schedule of Share-based Compensation, Stock Options, Activity |
The following table summarizes Fortress stock option activities excluding activity related to Fortress Companies:
| | | | | | | | | | | | Weighted average | | | | | | | | Weighted average | | Total weighted average | | remaining contractual | | | ($ in thousands) | | Number of shares | | exercise price | | intrinsic value | | life (years) | | | Options vested and expected to vest at December 31, 2014 | | | 2,164,365 | | $ | 4.69 | | $ | - | | | 7.38 | | | Options granted | | | - | | | - | | | - | | | | | | Options exercised | | | (100,000) | | | 2.15 | | | 45 | | | | | | Options cancelled | | | (285,000) | | | 7.57 | | | 1,417 | | | | | | Options vested and expected to vest at September 30, 2015 | | | 1,779,365 | | $ | 4.37 | | $ | - | | | 6.57 | | | Options vested and exercisable | | | 1,632,698 | | $ | 4.40 | | $ | - | | | 6.45 | |
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| Nonvested Restricted Stock Shares Activity |
The following table summarizes Fortress’ restricted stock and restricted stock unit award activity, excluding activity related to Fortress Companies: | | | | | | Weighted
average grant | | | | | Number of shares | | price | | | Unvested balance at December 31, 2014 | | | 8,287,384 | | $ | 2.33 | | | Restricted stock granted | | | 200,000 | | | 3.04 | | | Restricted stock vested | | | (816,449) | | | 2.69 | | | Restricted stock units granted | | | 1,412,000 | | | 3.58 | | | Restricted stock units vested | | | (335,000) | | | 3.56 | | | Unvested balance at September 30, 2015 | | | 8,747,935 | | $ | 2.53 | |
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| Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] |
In connection with the approval of the LTIP on July 15, 2015, the following grants of 500,000 warrants each were made to Dr. Rosenwald and Mr. Weiss for their services to the Company: | Fortress Stock | | Warrant Shares | | Risk Free Rate | | | Volatilty | | | Life | | Exercise price | | Fair Value | | | Mustang | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 0.147 | | $ | 135 | | | Checkpoint | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 0.129 | | $ | 118 | | | Avenue | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 0.146 | | $ | 134 | | | CNDO SO | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 1.190 | | $ | 1,092 | | | Helocyte | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 0.097 | | $ | 89 | | | JMC | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 0.650 | | $ | 596 | | | Escala | | | 1,000,000 | | | 2.36 | % | | | 106.11 | % | | | 20 | | $ | 0.071 | | $ | 65 | |
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| Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] |
| | | RSU Grant | | Vesting Term | | Vested | | Unvested | | Fair Value per Share | | | President (1) | | | 1,500,000 | | | 4 | | | 250,000 | | | 1,250,000 | | $ | 0.650 | | | Sales Operations Staff | | | 450,000 | | | 4 | | | - | | | 450,000 | | $ | 0.650 | | | | | | 1,950,000 | | | | | | 250,000 | | | 1,700,000 | | | | | | | (1)
| Vesting is performance based. |
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