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Share Based Payments | 12 Months Ended
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Dec. 31, 2019
Share Based Payments [abstract] |
Share Based Payments | 20. Share Based Payments During the year ended December 31, 2019, the Company recognized $5,471 (year ended December 31, 2018 - $2,343) of share-based payment expenses related to the outstanding deferred, restricted and performance share units. For the year ended December 31, 2019, the Company recognized a share-based payment expense of $542, related to stock options (year ended December 31, 2018 – $1,357). (a) Deferred Share Units
|  | Cash Settled
|  | Number of Deferred Share Units |  | Fair Value
Outstanding, December 31, 2017 |  | 974,179 |  | $ | 5,094
Granted |  | 101,612 |  |  | 482
Units paid out in cash |  | (225,724) |  |  | (1,251)
Changes in fair value |  | - |  |  | (1,209)
Outstanding, December 31, 2018 |  | 850,067 |  |  | 3,116
Granted |  | 111,804 |  |  | 455
Changes in fair value |  | - |  |  | 347
Outstanding, December 31, 2019 |  | 961,871 |  | $ | 3,918
(b) Restricted Share Units
|  | Cash Settled |  | Equity Settled
|  | Number of Restricted Share Units |  | Fair Value |  | Number of Restricted Share Units
Outstanding, December 31, 2017 |  | 980,476 |  | $ | 3,935 |  | 390,751
Granted |  | 87,759 |  |  | 414 |  | 422,030
Units paid out in cash |  | (405,821) |  |  | (1,915) |  | -
Vested |  | - |  |  | - |  | (78,150)
Forfeited or cancelled |  | (3,029) |  |  | (15) |  | -
Changes in fair value and vesting |  | - |  |  | (362) |  | -
Outstanding, December 31, 2018 |  | 659,385 |  |  | 2,057 |  | 734,631
Granted |  | 139,661 |  |  | 506 |  | 633,914
Units paid out in cash |  | (406,611) |  |  | (1,466) |  | -
Vested |  | - |  |  | - |  | (201,633)
Changes in fair value and vesting |  | - |  |  | 60 |  | -
Outstanding, December 31, 2019 |  | 392,435 |  | $ | 1,157 |  | 1,166,912
Current portion |  |  |  |  | 911 |  |
Non-current portion |  |  |  |  | 246 |  |
Outstanding, December 31, 2019 |  |  |  | $ | 1,157 |  |
During the year ended December 31, 2019, the Company granted 633,914 (year ended December 31, 2018 – 422,030) equity-settled RSUs with a fair value of $3.62 (C$4.83) per share unit (year ended December 31, 2018 – between $4.71 (C$6.20) and $5.54 (C$7.15) per share unit). (c) Performance Share Units
|  | Cash Settled |  | Equity Settled
|  | Number of Performance Share Units |  | Fair Value |  | Number of Performance Share Units
Outstanding, December 31, 2017 |  | 553,459 |  | $ | 2,691 |  | -
Granted |  | - |  |  | - |  | 1,002,166
Units paid out in cash |  | (553,459) |  |  | (2,596) |  | -
Changes in fair value and vesting |  | - |  |  | (95) |  | -
Outstanding, December 31, 2018 |  | - |  |  | - |  | 1,002,166
Granted |  | - |  |  | - |  | 422,609
Vested |  | - |  |  | - |  | (150,325)
Outstanding, December 31, 2019 |  | - |  | $ | - |  | 1,274,450
During the year ended December 31, 2019, the Company granted 422,609 (December 31, 2018 – 1,002,166) equity settled, PSUs with a fair value of $3.62 (C$4.83) (December 31, 2018 – $4.71 (C$6.20)) on the grant date. These share units vest as to 20% on the first anniversary, 30% on the second anniversary and 50% on the third anniversary of the date of grant based on prescribed performance metrics. The PSUs granted during the year ended December 31, 2019 are subject to a multiplier ranging from 50% to 200% depending on the achievement level of certain performance targets. d) Stock Options The Company’s Stock Option Plan, as amended and approved from time to time, permits the Company to issue up to 12,200,000 stock options. As at December 31, 2019, a total of 1,574,403 stock options were available for issuance under the plan.
|  | Number of stock options |  | Weighted average exercise price
|  |  |  | Canadian dollars
Outstanding, December 31, 2017 |  | 1,155,527 |  | $ | 5.56
Exercised |  | (20,000) |  |  | 0.85
Granted |  | 648,502 |  |  | 6.21
Outstanding, December 31, 2018 |  | 1,784,029 |  |  | 5.85
Outstanding, December 31, 2019 |  | 1,784,029 |  | $ | 5.85
Vested and exercisable, December 31, 2018 |  | 826,680 |  | $ | 5.37
Vested and exercisable, December 31, 2019 |  | 1,459,779 |  | $ | 5.77
No options were granted during the year ended December 31, 2019. The assumptions used to estimate the fair value of the stock options granted during the year ended December 31, 2018 were a risk-free interest rate of 1.79% - 1.90%, expected volatility of 67.56% - 68.16%, expected life of 3 years, expected forfeiture rate of 5.57%, and an expected dividend yield of nil. The fair value, as determined using the BlackScholes model, was between $2.06 and $2.38 (C$2.69 and C$3.09) per option granted in the period.

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- Definition Disclosure of share-based payment arrangements [abstract]. + References No definition available. + Details
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- Definition The entire disclosure for share-based payment arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2018-01-01 -Paragraph 44 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2018-03-01&anchor=para_44&doctype=Standard -URIDate 2018-03-16 + Details
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