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Stock Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2020
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, 2020, 2019 and 2018, respectively, is presented below:
| 2020 |  | 2019 |  | 2018
| 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 | 837,123 |  |  | $ | 6.18 |  |  | 507,536 |  |  | $ | 5.91 |  |  | 422,928 |  |  | $ | 6.36 |
Granted | 1,054,254 |  |  | 6.33 |  |  | 536,242 |  |  | 6.30 |  |  | 289,792 |  |  | 5.63 |
Vested | (287,611) |  |  | 6.22 |  |  | (205,080) |  |  | 5.85 |  |  | (200,064) |  |  | 6.55 |
Forfeited | — |  |  | — |  |  | (1,575) |  |  | 6.35 |  |  | (5,120) |  |  | 6.25 |
Non-vested shares as of December 31 | 1,603,766 |  |  | $ | 6.27 |  |  | 837,123 |  |  | $ | 6.18 |  |  | 507,536 |  |  | $ | 5.91 |
Restricted stock granted during the period | 1,054,254 |  |  | $ | 6.33 |  |  | 536,242 |  |  | $ | 6.30 |  |  | 289,792 |  |  | $ | 5.63 |
(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, 2020, 2019 and 2018, respectively, is presented below:
| 2020 |  | 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) |  | Number of Non-vested Target Shares |  | Weighted Average Per Share Grant Date Fair Value (1)
Non-vested target PSUs at January 1 | 2,018,518 |  |  | $ | 4.09 |  |  | 842,792 |  |  | $ | 4.20 |  |  | — |  |  | $ | — |
Granted | 883,496 |  |  | 7.03 |  |  | 1,175,726 |  |  | 4.01 |  |  | 842,792 |  |  | 4.20 |
Vested | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Non-vested target PSUs as of December 31 | 2,902,014 |  |  | $ | 4.98 |  |  | 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.
Schedule of Nonvested Restricted Stock Units Activity | A summary of the activity of the RSU awards under the 2017 Plan for the year ended December 31, 2020 is presented below:
| 2020 |  |
| Number of Non-vested Shares |  | Weighted Average Per Share Grant Date Fair Value (1) |  |  |  |
Non-vested RSUs at January 1 | — |  |  | $ | — |  |  |  |  |
Granted | 441,746 |  |  | 6.23 |  |  |  |  |
Vested | — |  |  | — |  |  |  |  |
Non-vested RSUs as of December 31 | 441,746 |  |  | $ | 6.23 |  |  |  |  |
(1)The grant date fair value of RSUs is based on the closing market price of the Company’s common stock at the grant date.

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