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Stockholders' Equity
 6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Stockholders' Equity Stockholders’ Equity
Share Repurchase Program
On November 10, 2021, the Board authorized and approved a share repurchase program for up to $50 million of the outstanding shares of the Company’s common stock, with no specified end date. During the six months ended June 30, 2022, we repurchased 362 thousand shares under this share repurchase program for a total of $5.0 million. No shares were repurchased during the three months ended June 30, 2022.
Incentive Plans
    The following table summarizes our compensation costs recognized in General and administrative expense (excluding depreciation) and Operating expense (excluding depreciation) under the Amended and Restated Par Pacific Holdings, Inc. 2012 Long-term Incentive Plan and Stock Purchase Plan (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Restricted Stock Awards$1,153 $1,252 $2,902 $2,364 
Restricted Stock Units338 328 1,011 656 
Stock Option Awards525 499 1,761 945 
    During the three and six months ended June 30, 2022, we granted 36 thousand and 397 thousand shares of restricted stock and restricted stock units with a fair value of approximately $0.5 million and $5.9 million, respectively. As of June 30, 2022, there were approximately $11.0 million of total unrecognized compensation costs related to restricted stock awards and restricted stock units, which are expected to be recognized on a straight-line basis over a weighted-average period of 1.8 years.
    During the six months ended June 30, 2022, we granted 449 thousand stock option awards with a weighted-average exercise price of $14.91 per share, but no grants were made for the three months ended June 30, 2022. As of June 30, 2022, there were approximately $5.4 million of total unrecognized compensation costs related to stock option awards, which are expected to be recognized on a straight-line basis over a weighted-average period of 2.0 years.
    During the six months ended June 30, 2022, we granted 50 thousand performance restricted stock units to executive officers, but no grants were made for the three months ended June 30, 2022. These performance restricted stock units had a fair value of approximately $0.7 million and are subject to certain annual performance targets based on three-year-performance periods as defined by our Board of Directors. As of June 30, 2022, there were approximately $1.3 million of total unrecognized compensation costs related to the performance restricted stock units, which are expected to be recognized on a straight-line basis over a weighted-average period of 2.0 years.