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Equity Incentive Plans (Tables) | 6 Months Ended
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Jun. 30, 2025
2019 Long Term Incentive Plan |
Summary of Issuances, Vesting and Retirement of Shares under Plan | The following table summarizes issuances, vesting, and retirement of shares under the plan as well as the fair value of granted stock for the six months ended June 30, 2025 and 2024 (dollars in thousands).
|  | Six Months Ended |  |  | Weighted Average |  |  | Six Months Ended |  |  | Weighted Average |
|  | June 30, 2025 |  |  | Grant Date Fair Value |  |  | June 30, 2024 |  |  | Grant Date Fair Value |
Unvested as of Beginning of Period |  |  | 1,993,459 |  |  | $ | 14.53 |  |  |  | 1,326,891 |  |  | $ | 14.56 |
Shares Granted |  |  | 319,956 |  |  |  | 15.83 |  |  |  | 753,051 |  |  |  | 14.80 |
Shares Vested and Forfeited |  |  | (428,706 | ) |  |  | 14.84 |  |  |  | (427,979 | ) |  |  | 14.57 |
Unvested as of Ending of Period |  |  | 1,884,709 |  |  | $ | 14.68 |  |  |  | 1,651,963 |  |  | $ | 14.67 |
Fair Value of Granted Stock | $ |  | 5,065 |  |  |  |  | $ |  | 11,145 |  |  |  |
Compensation Cost Recognized | $ |  | 5,596 |  |  |  |  | $ |  | 5,242 |  |  |  |
2019 Restricted Stock Plan |
Summary of Issuances, Vesting and Retirement of Shares under Plan | For additional information regarding the 2019 Restricted Stock Plan, please refer to the Company’s Current Reports on Form 8-K, filed with the SEC on June 23, 2021 and June 14, 2024, and the Company’s definitive proxy statement for the 2025 Annual Meeting of Stockholders. The following table summarizes issuances, vesting, and retirement of shares under the plan as well as the fair value of granted stock for the six months ended June 30, 2025 and 2024 (dollars in thousands).
|  | Six Months Ended |  |  | Weighted Average |  |  | Six Months Ended |  |  | Weighted Average |
|  | June 30, 2025 |  |  | Grant Date Fair Value |  |  | June 30, 2024 |  |  | Grant Date Fair Value |
Unvested as of Beginning of Period, |  |  | 13,340 |  |  | $ | 14.99 |  |  |  | 15,196 |  |  | $ | 13.16 |
Shares Granted |  |  | 13,772 |  |  |  | 14.52 |  |  |  | 13,340 |  |  |  | 14.99 |
Shares Vested and Forfeited |  |  | (13,340 | ) |  |  | 14.99 |  |  |  | (15,196 | ) |  |  | 13.16 |
Unvested as of Ending of Period, |  |  | 13,772 |  |  | $ | 14.52 |  |  |  | 13,340 |  |  | $ | 14.99 |
Fair Value of Granted Stock | $ |  | 200 |  |  |  |  | $ |  | 200 |  |  |  |
Compensation Cost Recognized | $ |  | 99 |  |  |  |  | $ |  | 101 |  |  |  |

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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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