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EQUITY-BASED COMPENSATION PLANS | 6 Months Ended
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Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
EQUITY-BASED COMPENSATION PLANS | EQUITY-BASED COMPENSATION PLANS The Company has three equity-based compensation plans: 2018 Equity Incentive Plan; Earnout Incentive Plan; and 2014 Management Incentive Plan. Total equity-based compensation expense for the quarters ended June 30, 2019 and June 30, 2018 was approximately $1.0 million and $0.6 million, respectively, and was $2.2 million and $0.8 million for the six months ended June 30, 2019 and June 30, 2018, respectively. This expense is included in Salary and employee benefits in the accompanying unaudited condensed consolidated statements of operations. Expense recognized by plan was as follows:
(in thousands) |  | Quarter Ended June 30, |  | Six Months Ended June 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
2018 Equity Incentive Plan |  | $ | 841 |  |  | $ | — |  |  | $ | 1,765 |  |  | $ | — |
2014 Management Incentive Plan |  | 182 |  |  | 607 |  |  | 418 |  |  | 795 |
Earnout Incentive Plan |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 1,023 |  |  | $ | 607 |  |  | $ | 2,183 |  |  | $ | 795 |
Grants under the 2018 Equity Incentive Plan began to vest in July 2019. Beginning in 2018, the Company elected to recognize the effects of forfeitures on compensation expense as the forfeitures occur for all plans.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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