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Equity-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Range of Exercise Prices and Weighted Average Remaining Contractual Life
The activity in outstanding options for the years ended December 31, 2021, 2020, and 2019 is set forth below:
Year Ended December 31,
202120202019
Number
Of
Options
Weighted
Average
Exercise
Price
Number
Of
Options
Weighted
Average
Exercise
Price
Number
Of
Options
Weighted
Average
Exercise
Price
Beginning of year481,444 $15.10 634,294 $14.60 739,326 $14.28 
Options granted— — — — — — 
Options exercised(140,850)13.51 (119,500)12.36 (105,032)12.32 
Options forfeited(2,100)16.55 (33,350)15.42 — — 
End of year338,494 $15.76 481,444 $15.10 634,294 $14.60 
The following table summarizes the range of exercise prices and the weighted average remaining contractual life of the options outstanding at December 31, 2021:
OutstandingExercisable
Range of Exercise PricesNumber of
Options
Weighted
Average
Exercise Price
Weighted
Average
Contract Life
Remaining
(Years)
Number of
Options
Weighted
Average
Exercise Price
11.27 to 14.08
36,594 11.83 4.036,594 11.83 
14.09 to 16.90
182,700 15.44 2.5182,700 15.44 
16.91 to 19.71
119,200 17.44 2.7119,200 17.44 
338,494 $15.76 2.7338,494 $15.76 
Aggregate Intrinsic Value$1,655,880 $1,655,880 
Summary of Restricted Stock Unit Activity under the Omnibus Plan
The following table summarizes the activity in restricted units under the Omnibus Plan for the years ended December 31, 2021, 2020 and 2019:
Year Ended December 31,
202120202019
Restricted
Units
Weighted
Average
Grant Date
Fair Value
Restricted
Units
Weighted
Average
Grant Date
Fair Value
Restricted
Units
Weighted
Average
Grant Date
Fair Value
Beginning of year529,770 $15.58 379,150 $15.32 254,050 $12.50 
Restricted units granted205,440 18.76 257,850 16.82 125,100 21.36 
Restricted units lapsed(218,188)13.85 (102,525)14.74 — — 
Restricted units forfeited(5,282)19.38 (4,705)15.93 — — 
End of year511,740 $19.35 529,770 $15.58 379,150 $15.32