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Compensation Related Costs, Share Based Payments | 9 Months Ended
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Sep. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Share-based Payment Arrangement | SHARE-BASED COMPENSATION The Company’s stock compensation plan, the 2014 Omnibus Equity Incentive Plan, is administered by the Board and allows for the grant of stock awards (“SAs”), restricted stock awards (“RSAs”), performance restricted stock units (“PRSUs”), and stock options. Share-Based Award Activity During the nine months ended September 30, 2023, the Company granted SAs to executive officers (“EOs”), RSAs to employees and non-employee members of the Board, and PRSUs to employees. The SAs granted to EOs were 100% vested and non-forfeitable on the grant date. Non-vested stock awards are usually granted with a one-year vesting for non-employee directors, two-year cliff vesting for employee RSAs, and three-year cliff vesting for PRSUs. The fair value of all share awards were recorded as share-based compensation expense on the grant date and over the vesting period, respectively. The Company withheld 59,857 shares of common stock from EOs, at a total cost of $2.0 million, to satisfy statutory minimum tax requirements upon grant of the SAs. A summary of share-based awards activity during the nine months ended September 30, 2023 is as follows:
| Number of Shares (in thousands) |  | Weighted Average Grant Date Fair Value per Share
Nonvested, December 31, 2022 | 38 |  |  | $ | 23.94 |
Granted | 184 |  |  | $ | 33.78 |
Vested | (129) |  |  | $ | 31.15 |
Forfeited | (1) |  |  | $ | 32.35 |
Nonvested, September 30, 2023 | 92 |  |  | $ | 33.38 |
Stock Options A summary of stock options activity during the nine months ended September 30, 2023 is as follows:
| Number of Shares (in thousands) |  | Weighted Average Exercise Price per Share |  | Weighted Average Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value (in thousands)
Options outstanding, December 31, 2022 | 500 |  |  | $ | 7.49 |  |  |  |  |
Granted | — |  |  | — |  |  |  |  |
Exercised | — |  |  | — |  |  |  |  |
Forfeited | — |  |  | — |  |  |  |  |
Options outstanding, September 30, 2023 | 500 |  |  | $ | 7.49 |  |  | 1.08 |  | $ | 17,010 |
Options exercisable, September 30, 2023 | 500 |  |  | $ | 7.49 |  |  | 1.08 |  | $ | 17,010 |
Share-Based Compensation Expense Share-based compensation expense was $0.3 million and $0.2 million for the three months ended September 30, 2023 and 2022, respectively. For the nine months ended September 30, 2023 and 2022, share-based compensation expense was $6.3 million and $3.3 million, respectively. As of September 30, 2023, the estimated total remaining unamortized share-based compensation expense related to unvested RSAs and RSUs, net of forfeitures, was $2.0 million which is expected to be recognized over a weighted-average period of 1.8 years.

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