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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
STOCKHOLDERS' EQUITY  
Schedule of equity incentive plans

The following is a summary of the activity of the equity incentive plans:

Three Months Ended

March 31, 

    

2021

    

2020

Restricted stock grants:

Number of shares

151,500

149,550

Average per share grant price

$

20.34

$

28.10

Deferred compensation to be recognized over vesting period

$

3,082,000

$

4,202,000

Number of non-vested shares:

Non-vested beginning of year

701,675

674,250

Grants

151,500

149,550

Vested during period

(129,925)

(122,125)

Forfeitures

(200)

Non-vested end of period

723,050

701,675

RSU grants:

Number of underlying shares

Average per share grant price

$

$

Deferred compensation to be recognized over vesting period

$

$

Number of non-vested shares:

Non-vested beginning of year

223,802

225,026

Grants

Vested during period

Forfeitures

Non-vested end of period

223,802

225,026

Restricted stock and RSU grants (based on grant price):

Weighted average per share value of non-vested shares

$

24.68

$

25.52

Value of stock vested during the period

$

2,825,000

$

3,004,000

Weighted average per share value of shares forfeited during the period

$

23.62

$

Total charge to operations:

Outstanding restricted stock grants

$

897,000

$

875,000

Outstanding RSUs

446,000

101,000

Total charge to operations

$

1,343,000

$

976,000