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Stock Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2023
Stock Based Compensation, Unamortized Stock-Based Compensation and Remaining Weighted Average Period | The following tables illustrate the Company’s stock-based compensation, unamortized stock-based compensation, and remaining weighted average amortization period.
|  | Stock-Based Compensation for the Three months Period |  |  | Unamortized Stock-Based Compensation as of March 31 |  |  | Remaining Weighted Average Period (years) |
March 31, 2023 |  |  |  |  |  |  |  |  |
Time-Based Restricted Stock |  | $ | 1,198 |  |  | $ | 5,304 |  |  |  | 1.7 |
Unrestricted Stock |  |  | 130 |  |  |  | 87 |  |  |  | 0.2 |
Performance-Based Restricted Stock |  |  | 146 |  |  |  | 1,978 |  |  |  | 1.7 |
Total |  | $ | 1,474 |  |  | $ | 7,369 |  |  |  |
March 31, 2022 |  |  |  |  |  |  |  |  |
Time-Based Restricted Stock |  | $ | 993 |  |  | $ | 5,411 |  |  |  | 1.7 |
Unrestricted Stock |  |  | 117 |  |  |  | 78 |  |  |  | 0.2 |
Performance-Based Restricted Stock |  |  | 453 |  |  |  | 2,319 |  |  |  | 1.7 |
Total |  | $ | 1,563 |  |  | $ | 7,808 |  |  |  |
Incentive Stock Option Plans | Activity of the incentive stock option plans for the three months ended March 31, 2023:
|  | Number of Shares |  |  | Weighted Average Exercise Price Per Share |
Balance outstanding, December 31, 2022 |  |  | 68,896 |  |  | $ | 11.49 |
Options exercised |  |  | (1,537 | ) |  |  | 11.49 |
Balance outstanding, March 31, 2023 |  |  | 67,359 |  |  | $ | 11.49 |
Restricted and Unrestricted Stock |
Summary of Non-Vested Shares | Restricted and Unrestricted Stock — A summary of nonvested time based restricted and unrestricted stock is presented below:
|  | Three Months Ended March 31, 2023 |  |  | Three Months Ended March 31, 2022 |
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |
Nonvested shares at December 31 st |  |  | 742,050 |  |  | $ | 18.86 |  |  |  | 817,290 |  |  | $ | 17.04 |
Vested |  |  | (2,017 | ) |  |  | 15.71 |  |  |  | (230,080 | ) |  |  | 17.31 |
Forfeited |  |  | (5,479 | ) |  |  | 19.87 |  |  |  | (24,109 | ) |  |  | 17.10 |
Nonvested shares at March 31 st |  |  | 734,554 |  |  | $ | 18.86 |  |  |  | 563,101 |  |  | $ | 16.93 |
Performance Based Restricted Stock |
Summary of Non-Vested Shares | Performance-Based Restricted Stock — A summary of nonvested performance-based stock is presented below:
|  | Three Months Ended March 31, 2023 |  |  | Three Months Ended March 31, 2022 |
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |
Nonvested shares at December 31 st |  |  | 318,699 |  |  | $ | 18.05 |  |  |  | 379,061 |  |  | $ | 16.43 |
Additional granted (forfeited) based on performance achievement |  |  | — |  |  |  | — |  |  |  | (41,088 | ) |  |  | 16.56 |
Vested |  |  | — |  |  |  | — |  |  |  | (78,704 | ) |  |  | 17.18 |
Forfeited |  |  | — |  |  |  | — |  |  |  | (7,074 | ) |  |  | 16.77 |
Nonvested shares at March 31 st |  |  | 318,699 |  |  | $ | 18.05 |  |  |  | 252,195 |  |  | $ | 16.17 |

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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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