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Stock-Based Compensation (Tables) | 9 Months Ended
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Sep. 30, 2021
Share-based Payment Arrangement [Abstract] |
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity | The following table presents certain information related to the activity of our non-vested stock option grants:
| Number of Stock Options |  | Weighted Average Exercise Prices |  | Weighted Average Remaining Contractual Term (years) |  | Aggregate Intrinsic Value
Outstanding as of December 31, 2020 | 144,006 |  |  | $ | 13.00 |  |  | 8.77 |  |  | $ | — |
Granted | 1,054,707 |  |  | 3.86 |  |  | — |  |  |
Less: Forfeited | 48,995 |  |  | 8.08 |  |  | — |  |  |
Less: Expired | 2,503 |  |  | 16.25 |  |  | — |  |  |
Less: Exercised | — |  |  | — |  |  | — |  |  |
Outstanding as of September 30, 2021 | 1,147,215 |  |  | $ | 4.80 |  |  | 9.74 |  |  | $ | 153 |
Vested as of September 30, 2021(1) | 120,638 |  |  | $ | 15.31 |  |  | 7.71 |  |  | $ | — |
Exercisable as of September 30, 2021 | 61,232 |  |  | $ | 15.27 |  |  | 7.71 |  |  | $ | — |
Schedule of Nonvested Share Activity | The following table presents certain information related to the activity of our non-vested common stock grants:
| Number of Restricted Shares |  | Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2020 | 259,006 |  |  | $ | 10.06 |
Granted | 290,577 |  |  | 6.02 |
Less: Forfeited | 119,946 |  |  | 8.92 |
Less: Vested | 92,910 |  |  | 9.99 |
Outstanding as of September 30, 2021 | 336,727 |  |  | $ | 7.01 |
Share-based Payment Arrangement, Activity | The following table presents our total stock-based compensation expense:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
Employee stock-based compensation expense |  |  |  |  |  |  |  |
Pre-tax |  | $ | 270 |  |  | $ | 108 |  |  | $ | 495 |  |  | $ | 582 |
Post-tax (1) |  | 213 |  |  | 86 |  |  | 391 |  |  | 460 |
Director stock-based compensation expense |  |  |  |  |  |  |  |
Pre-tax |  | 66 |  |  | 99 |  |  | 243 |  |  | 406 |
Post-tax (1) |  | 52 |  |  | 78 |  |  | 192 |  |  | 321 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following weighted-average assumptions were used to value the stock options granted:
| 2021
Expected annual dividend yield | 1.23 | %
Expected volatility | 43.87 | %
Risk-free interest rate | 1.81 | %
Expected term | 6

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