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Stock Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Nonvested Share Activity
A summary of the activity of the Company’s non-vested restricted stock collectively under the 2010 Plan and 2017 Plan for the years ended December 31, 2019, 2018 and 2017, respectively, is presented below:
 
2019
 
2018
 
2017
 
Number of
Non-vested
Restricted
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value(1)
 
Number of
Non-vested
Restricted
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value(1)
 
Number of
Non-vested
Restricted
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value(1)
Non-vested shares at January 1
507,536

 
$
5.91

 
422,928

 
$
6.36

 
319,058

 
$
6.40

Granted
536,242

 
6.30

 
289,792

 
5.63

 
332,921

 
6.54

Vested
(205,080
)
 
5.85

 
(200,064
)
 
6.55

 
(229,051
)
 
6.67

Forfeited
(1,575
)
 
6.35

 
(5,120
)
 
6.25

 
—

 
—

Non-vested shares as of December 31
837,123

 
$
6.18

 
507,536

 
$
5.91

 
422,928

 
$
6.36

Restricted stock granted during the period
536,242

 
$
6.30

 
289,792

 
$
5.63

 
332,921

 
$
6.54



(1) 
The grant date fair value of restricted stock awards is based on the closing market price of the Company’s common stock at the grant date.
Summary of Activity of Target PSU Awards Under 2017 Plan
A summary of the activity of the target PSU Awards under the 2017 Plan for the years ended December 31, 2019 and 2018, respectively, is presented below:
 
2019
 
2018
 
Number of
Non-vested
Target
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value (1)
 
Number of
Non-vested
Target
Shares
 
Weighted
Average Per Share
Grant Date
Fair Value (1)
Non-vested target PSUs at January 1
842,792

 
$
4.20

 
—

 
$
—

Granted
1,175,726

 
4.01

 
842,792

 
4.20

Vested
—

 
—

 
—

 
—

Non-vested target PSUs as of December 31
2,018,518

 
$
4.09

 
842,792

 
$
4.20


(1) 
The grant date fair value of the PSUs was determined through a Monte-Carlo simulation of the Company’s common stock total shareholder return and the common stock total shareholder return of its identified performance peer companies to determine the Relative TSR of the Company’s common stock over a future period of three years.