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Stock Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2024
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 three months ended March 31, 2024 and 2023, respectively, is presented below:
20242023
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 1524,570 $13.57 526,074 $16.34 
Granted342,628 8.23 275,248 12.36 
Vested(246,917)13.90 (244,015)18.18 
Forfeited(3,529)11.33 (6,771)13.04 
Non-vested shares as of March 31
616,752 $10.45 550,536 $13.57 
Restricted stock granted during the period
342,628 $8.23 275,248 $12.36 

(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.
Schedule of PSU Award Activity
A summary of the activity of the target PSU awards under the 2017 Plan for the three months ended March 31, 2024 and 2023, respectively, is presented below:
20242023
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 1905,825 $18.12 786,577 $23.06 
Vested(350,886)22.31 (201,978)28.18 
Non-vested target PSUs as of March 31
554,939 $15.47 584,599 $21.29 

(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 RSU Award Activity
A summary of the activity of the RSU awards under the 2017 Plan for the three months ended March 31, 2024 and 2023, respectively, is presented below:
20242023
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 1351,974 $11.65 263,708 $16.11 
Vested(157,763)12.45 (131,094)17.40 
Forfeited— — (13,550)14.76 
Non-vested RSUs as of March 31
194,211 $10.99 119,064 $14.83 

(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.