COMPENSATION PLANS |
9 Months Ended | ||||||||||||||||||||||||||||||||||||
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Sep. 30, 2017 | |||||||||||||||||||||||||||||||||||||
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||||||||||||||
| COMPENSATION PLANS | Note 10 — COMPENSATION PLANS Equity Incentive Compensation Plan—Our Board of Directors and stockholders adopted a long-term incentive compensation plan called the Intrepid Potash, Inc. Amended and Restated Equity Incentive Plan (the "Plan"). We have issued common stock, restricted stock, performance units, and non-qualified stock option awards under the Plan. Share-based awards vest over one, three or four years. At September 30, 2017, there were approximately 3.6 million shares available for issuance under the Plan. For the nine months ended September 30, 2017, we granted a total of 1.4 million shares of restricted stock and 0.6 million non-qualified stock options to members of our Board of Directors, executive officers, and other key employees. These awards vest over one or three years. As of September 30, 2017, the following awards were outstanding under the Plan:
Total share-based compensation expense was $2.7 million and $1.9 million for the nine months ended September 30, 2017, and 2016, respectively. As of September 30, 2017, we had $6.2 million of total remaining unrecognized compensation expense related to awards, that will be expensed through 2020. |
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