Schedule of Market-based Award Valuation Assumptions

For market-based awards granted during the six months ended December 31, 2020 and 2019, the assumptions used in the Monte Carlo simulation valuations, expected lives and fair values were as follows:


	December 31,	December 31,
	2020	2019
Weighted average fair value of market-based awards granted	$3.08	$3.79
Risk-free interest rate	0.23%	1.65% to 1.87%
Expected vesting term in years	2.56	1.35 to 2.56
Expected volatility	56.9%	38.6% to 43.7%
Dividend yield	3.2%	6% to 7.2%

Schedule of Restricted Stock transactions

The following table sets forth the Restricted Stock transactions for the six months ended December 31, 2020:


	Number of Restricted Shares	Weighted Average Grant-Date Fair Value		Unamortized Compensation Expense at December 31, 2020		Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2020	285,028	$	5.53
Service-based shares granted	341,077	2.93

Market-based shares granted	246,160	3.08
Vested	(102,034)	6.15
Forfeited	(50,524)	5.15
Unvested Restricted Stock at December 31, 2020	719,707	$	3.39	$	2,023,800	2.3

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]