diff --git a/autosize.jquery.json b/autosize.jquery.json
index 2d16b3e..30727bb 100644
--- a/autosize.jquery.json
+++ b/autosize.jquery.json
@@ -7,7 +7,7 @@
 		"textarea",
 		"ui"
 	],
-	"version": "1.16.1",
+	"version": "1.16.2",
 	"author": {
 		"name": "Jack Moore",
 		"url": "http://www.jacklmoore.com"
diff --git a/component.json b/component.json
index 03f9c8b..34a6927 100644
--- a/component.json
+++ b/component.json
@@ -1,8 +1,8 @@
 {
   "name": "jquery-autosize",
-  "version": "1.16.1",
+  "version": "1.16.2",
   "main": "./jquery.autosize.js",
   "dependencies": {
-    "jquery": ">=1.4.2"
+    "jquery": ">=1.4"
   }
 }
diff --git a/jquery.autosize.js b/jquery.autosize.js
index e8a5444..24a85d2 100644
--- a/jquery.autosize.js
+++ b/jquery.autosize.js
@@ -1,4 +1,4 @@
-// Autosize 1.16.1 - jQuery plugin for textareas
+// Autosize 1.16.2 - jQuery plugin for textareas
 // (c) 2013 Jack Moore - jacklmoore.com
 // license: www.opensource.org/licenses/mit-license.php
 (function ($) {
@@ -64,12 +64,12 @@
 				return;
 			}
 
-			minHeight = parseInt($ta.css('minHeight'), 10) || $ta.height();
-
 			if ($ta.css('box-sizing') === borderBox || $ta.css('-moz-box-sizing') === borderBox || $ta.css('-webkit-box-sizing') === borderBox){
 				boxOffset = $ta.outerHeight() - $ta.height();
 			}
 
+			minHeight = Math.max(parseInt($ta.css('minHeight'), 10) - boxOffset, $ta.height());
+
 			resize = ($ta.css('resize') === 'none' || $ta.css('resize') === 'vertical') ? 'none' : 'horizontal';
 
 			$ta.css({
diff --git a/readme.md b/readme.md
index e306805..9d76a22 100644
--- a/readme.md
+++ b/readme.md
@@ -4,6 +4,9 @@ Small jQuery plugin to allow dynamic resizing of textarea height, so that it gro
 
 ## Changelog
 
+### Version 1.16 - 2013/1/20
+* Minor fixes.
+
 ### Version 1.15 - November 16, 2012
 * Reworked to only create a single mirror element, instead of one for each textarea.
 * Dropped feature detection for FF3 and Safari 4.