Schedule of Market-based Award Valuation Assumptions

For market-based awards granted during the nine months ended March 31, 2021 and 2020, the assumptions used in the Monte Carlo simulation valuations, expected lives and fair values were as follows:


	March 31,	March 31,
	2021	2020
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 nine months ended March 31, 2021:


	Number of Restricted Shares	Weighted Average Grant-Date Fair Value		Unamortized Compensation Expense at March 31, 2021		Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2020	285,028	$	5.53
Service-based shares granted	357,979	2.96

Market-based shares granted	246,160	3.07
Vested	(152,558)	5.04
Forfeited	(50,524)	5.15
Unvested Restricted Stock at March 31, 2021	686,085	$	3.44	$	1,801,863	2.02

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