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Stock-based Compensation Plans (Tables) | 6 Months Ended
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Jun. 30, 2020
Allocation of Stock-Based Compensation by Functional Category | The following details the allocation of stock-based compensation to functional expense categories (in thousands):
|  | Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |
| 2020 |  |  |  | 2019 |  |  |  | 2020 |  |  |  | 2019 |
Direct operating expense | $ | 434 |  |  | $ | 549 |  |  | $ | 884 |  |  | $ | 1,140 |
Brokered natural gas and marketing expense |  | 168 |  |  |  | 553 |  |  |  | 581 |  |  |  | 1,001 |
Exploration expense |  | 372 |  |  |  | 388 |  |  |  | 702 |  |  |  | 876 |
General and administrative expense |  | 9,179 |  |  |  | 9,500 |  |  |  | 17,208 |  |  |  | 19,138 |
Termination costs |  | — |  |  |  | 26 |  |  |  | — |  |  |  | 26 |
Total stock-based compensation | $ | 10,153 |  |  | $ | 11,016 |  |  | $ | 19,375 |  |  | $ | 22,181 |
Restricted Stock and Restricted Stock Units Outstanding | The following is a summary of the status of our non-vested restricted stock outstanding at June 30, 2020:
| Restricted Stock Equity Awards |  |  | Restricted Stock Liability Awards |
| Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Shares |  |  | Weighted Average Grant Date Fair Value |
Outstanding at December 31, 2019 |  | 2,002,239 |  |  | $ | 12.32 |  |  |  | 411,126 |  |  | $ | 10.94 |
Granted |  | 4,462,711 |  |  |  | 3.42 |  |  |  | 3,524,186 |  |  |  | 3.17 |
Vested |  | (809,560 | ) |  |  | 8.90 |  |  |  | (1,428,127 | ) |  |  | 4.33 |
Forfeited |  | (158,961 | ) |  |  | 9.62 |  |  |  | — |  |  |  | — |
Outstanding at June 30, 2020 |  | 5,496,429 |  |  | $ | 5.68 |  |  |  | 2,507,185 |  |  | $ | 3.78 |
Schedule of Share Based Payment Award Performance Stock Awards Valuation Assumptions | The following assumptions were used to estimate the fair value of TSR-PSUs granted during first six months 2020 and 2019:
|  | Six Months Ended June 30, |  |
|  | 2020 |  |  | 2019 |  |
Risk-free interest rate |  |  | 1.4 | % |  |  | 2.4 | % |
Expected annual volatility |  |  | 65 | % |  |  | 46 | % |
Grant date fair value per unit |  | $ | 3.85 |  |  | $ | 11.34 |  |
Performance-based PS-PSUs and RS-PSUs |
Summary of Non-Vested Awards Activities | The following is a summary of our non-vested PS/RS-PSUs awards outstanding at June 30,
| Number of Units |  |  |  | Weighted Average Grant Date Fair Value |
Outstanding at December 31, 2019 |  | 881,573 |  |  | $ | 11.70 |
Units granted (a) |  | 777,847 |  |  |  | 2.33 |
Vested (b) |  | (101,150 | ) |  |  | 15.32 |
Outstanding at June 30, 2020 |  | 1,558,270 |  |  | $ | 4.86 |
(a) | Amounts granted reflect the number of performance units granted; however, the actual payout of shares will be between zero and 200% depending on achievement of specifically identified performance targets.
(b) | For the PS-PSUs and RS-PSUs awards issued during 2017 the aggregate payout was approximately 150% of target for the March 2017 and May 2017 grants with a positive performance adjustment of 58,591 shares.
Performance Based TSR - PSUs |
Summary of Non-Vested Awards Activities | The following is a summary of our non-vested TSR – PSUs award activities:
|  | Number of Units |  |  | Weighted Average Grant Date Fair Value |  |
Outstanding at December 31, 2019 |  |  | 993,452 |  |  | $ | 19.00 |  |
Units granted (a) |  |  | 610,155 |  |  |  | 3.85 |  |
Vested (b) |  |  | (278,184 | ) |  |  | 26.14 |  |
Forfeited |  |  | (75,899 | ) |  |  | 26.33 |  |
Outstanding at June 30, 2020 |  |  | 1,249,524 |  |  | $ | 9.55 |  |
(a) | These amounts reflect the number of performance units granted. The actual payout of shares may be between zero and 200% of the performance units granted depending on the total shareholder return ranking compared to our peer companies at the vesting date.
(b) | Includes TSR-PSUs awards issued related to the 2017 performance period where the return on our common stock was in the 60th percentile for the March 2017 grant and the 80th percentile for the May 2017 grant. The remaining 2017 awards are considered to be forfeited.

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