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Stock Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Nonvested Share Activity
A summary of the activity of the Company’s non-vested restricted stock under the 2017 Plan for the years ended December 31, 2023, 2022 and 2021, respectively, is presented below:

202320222021
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 as of January 1526,074 $16.34 477,218 $20.20 400,899 $25.08 
Granted275,248 12.36 304,396 14.36 264,524 15.44 
Vested(253,912)18.18 (231,128)21.76 (155,350)21.64 
Forfeited(22,840)12.79 (24,412)15.68 (32,855)19.68 
Non-vested shares as of December 31
524,570 $13.57 526,074 $16.34 477,218 $20.20 
Restricted stock granted during the period
275,248 $12.36 304,396 $14.36 264,524 $15.44 

(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, 2023, 2022 and 2021, respectively, is presented below:
202320222021
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 as of January 1786,577 $23.06 844,175 $21.70 725,493 $19.92 
Granted 366,210 13.41 211,130 19.47 407,908 22.24 
Vested(201,978)28.18 (268,728)16.00 (210,693)16.80 
Forfeited(44,984)20.89 — — (78,533)21.16 
Non-vested target PSUs as of December 31
905,825 $18.12 786,577 $23.06 844,175 $21.70 

(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 total shareholder return 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 years ended December 31, 2023, 2022 and 2021, respectively, is presented below:
202320222021
Number of
Non-vested
Shares
Weighted
Average Per Share
Grant Date
Fair Value (1)
Number of
Non-vested
Shares
Weighted
Average Per Share
Grant Date
Fair Value (1)
Number of
Non-vested
Shares
Weighted
Average Per Share
Grant Date
Fair Value (1)
Non-vested RSUs as of January 1263,708 $16.11 254,052 $17.45 110,434 $24.92 
Granted 244,140 10.24 105,566 14.88 203,950 14.76 
Vested(131,094)17.40 (95,910)18.32 (36,816)24.92 
Forfeited(24,780)14.80 — — (23,516)17.48 
Non-vested RSUs as of December 31
351,974 $11.65 263,708 $16.11 254,052 $17.45 

(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.