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STOCK-BASED COMPENSATION (Tables) - 2015 EIP Plan
12 Months Ended
Dec. 31, 2021
Stock Options  
Stock Awards  
Schedule of nonvested stock amortization expense

For the Years Ended December 31,

 

2021

2020

2019

General and administrative expenses

$

635

$

787

$

850

Schedule of stock option activity

For the Years Ended December 31,

2021

2020

2019

Weighted

Weighted

Weighted

Weighted

Weighted

Weighted

Number

Average

Average

Number

Average

Average

Number

Average

Average

of

Exercise

Fair

of

Exercise

Fair

of

Exercise

Fair

    

Options

    

Price

    

Value

    

Options

    

Price

    

Value

    

Options

    

Price

    

Value

Outstanding as of January 1

 

837,338

 

$

8.86

$

4.02

496,148

 

$

10.11

$

5.41

255,608

 

$

12.36

6.96

Granted

 

118,552

9.91

4.33

344,568

7.06

2.01

240,540

8.33

3.76

Exercised

 

(39,603)

8.37

3.46

Forfeited

 

(3,378)

8.07

3.76

Outstanding as of December 31

 

916,287

 

$

9.02

$

4.08

837,338

 

$

8.86

$

4.02

496,148

 

$

10.11

$

5.41

Exercisable as of December 31

 

488,969

 

$

9.88

$

5.04

293,792

 

$

10.78

$

6.01

173,869

 

11.41

$

6.68

The following table summarizes certain information about the options outstanding as of December 31, 2021:

Options Outstanding and Unvested,

Options Outstanding and Exercisable,

December 31, 2021

December 31, 2021

Weighted

Weighted

 

Weighted

Average

 

Weighted

Average

Weighted

Average

Exercise Price of

 

Average

Remaining

Average

Remaining

Outstanding

Number of

Exercise

Contractual

Number of

Exercise

Contractual

Options

    

Options

    

Price

    

Life

    

Options

    

Price

    

Life

 

$

9.02

 

427,318

$

8.04

4.25

488,969

$

9.88

2.59

Restricted Stock Units  
Stock Awards  
Schedule of nonvested stock amortization expense

For the Years Ended December 31,

 

2021

2020

2019

General and administrative expenses

$

1,632

$

1,239

$

1,207

Summary of nonvested restricted stock units

For the Years Ended December 31,

2021

2020

2019

Weighted

Weighted

Weighted

Number of

Average Grant

Number of

Average Grant

Number of

Average Grant

    

RSUs

Date Price

RSUs

Date Price

RSUs

    

Date Price

 

Outstanding as of January 1

298,834

$

7.49

162,096

$

9.26

149,170

$

12.42

Granted

159,492

11.93

221,903

6.80

140,914

8.50

Vested

(151,439)

7.79

(83,675)

9.07

(127,988)

12.10

Forfeited

(1,490)

8.39

Outstanding as of December 31

306,887

$

9.65

298,834

$

7.49

162,096

$

9.26

The total fair value of the RSUs that vested during the years ended December 31, 2021, 2020 and 2019 was $1,838, $550 and $1,235, respectively. The total fair value is calculated as the number of shares vested during the period multiplied by the fair value on the vesting date.

The following table summarizes certain information of the RSUs unvested and vested as of December 31, 2021:

Unvested RSUs

Vested RSUs

December 31, 2021

December 31, 2021

Weighted

Weighted

Average

Weighted

Average

Remaining

Average

Number of

Grant Date

Contractual

Number of

Grant Date

RSUs

    

Price

    

Life

    

RSUs

    

Price

 

306,887

$

9.65

1.36

657,337

$

10.32