XML 80 R47.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Stock-Based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-Based Compensation | The following table presents stock-based compensation expense related to the 2016 Equity Plan, included in the consolidated statements of income, for each of the periods indicated.
($ in thousands) |  | December 31, 2024 |  | December 31, 2023
Stock-based compensation expense |  | $ | 1,730 |  |  | $ | 1,174 |
The following table presents the total stock-based compensation expense related to unvested awards that has not yet been recognized at December 31, 2024 and 2023, and the weighted-average period over which the expense will be recognized.
|  | At December 31, 2024
($ in thousands) |  | Restricted Stock |  | Restricted Stock Units |  | Performance Stock Units
Unrecognized stock-based compensation expense |  | $ | 214 |  |  | $ | 855 |  |  | $ | 359 |
Weighted-average period unrecognized expense is expected to be recognized |  | 0.4 years |  | 1.1 years |  | 2.2 years
|  | At December 31, 2023
($ in thousands) |  | Restricted Stock |  | Restricted Stock Units |  |
Unrecognized stock-based compensation expense |  | $ | 175 |  |  | $ | 1,684 |  |  |
Weighted-average period unrecognized expense is expected to be recognized |  | 0.5 years |  | 1.3 years |  |
Schedule of Share-based Compensation, Restricted Stock and Units Award Activity | The following table summarizes the Company’s restricted stock, restricted stock unit and performance stock unit activity for the year ended December 31, 2024.
|  | Restricted Stock |  | Restricted Stock Units |  | Performance Stock Units
|  | Number of Shares |  | Weighted-Average Grant Date Fair Value per Share |  | Number of Shares |  | Weighted-Average Grant Date Fair Value per Share |  | Number of Shares |  | Weighted-Average Grant Date Fair Value per Share
Outstanding at December 31, 2023 |  | 45,322 |  |  | $ | 15.42 |  |  | 165,055 |  |  | $ | 11.56 |  |  | — |  |  | $ | — |
Granted |  | 51,610 |  |  | 11.39 |  |  | 53,279 |  |  | 11.31 |  |  | 43,651 |  |  | 11.32 |
Vested |  | (45,322) |  |  | 15.39 |  |  | (79,974) |  |  | 11.56 |  |  | — |  |  | — |
Forfeited |  | — |  |  | — |  |  | (3,256) |  |  | 11.56 |  |  | — |  |  | — |
Outstanding at December 31, 2024 |  | 51,610 |  |  | 11.42 |  |  | 135,104 |  |  | 11.46 |  |  | 43,651 |  |  | 11.32 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration