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STOCK COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity and Related Information A summary of the Company’s stock option activity and related information for the six months ended June 30, 2023 is as follows:
OptionsWeighted-
average
exercise price		Weighted-
average
remaining
contractual
life (years)		Aggregate
intrinsic
value
(in thousands)
Options outstanding, January 1, 2023
1,065,750 $13.66 
Grants50,000 5.92 
Cancellations(4,375)11.27 
Expirations(107,875)13.17 
Options outstanding, June 30, 2023
1,003,500 13.34 4.6$— 
Options exercisable, June 30, 2023
887,875 $13.87 4.0$— 
Total unrecognized stock option expense remaining (in thousands)$450 
Weighted-average years expected to be recognized over1.9
Summary of Restricted Stock Activity A summary of the Company’s restricted stock activity and related information for the six months ended June 30, 2023 is as follows:
Restricted
Shares		Weighted-
average grant
date fair
value
Non-vested restricted shares, January 1, 2023
484,143 $11.79 
Grants333,300 5.37 
Vested(212,037)11.20 
Cancellations(6,783)11.07 
Non-vested restricted shares, June 30, 2023
598,623 $8.44 
Total unrecognized compensation expense remaining (in thousands)$4,553 
Weighted-average years expected to be recognized over1.7
Summary of Performance-based Award Activity
A summary of the Company’s performance-based award activity and related information for the six months ended June 30, 2023 is as follows:
Performance-
based stock
awards (1)
Weighted-
average grant
date fair
value
Non-vested performance-based awards, January 1, 2023
400,302 $11.56 
Grants191,075 5.92 
Achieved performance over target (2)
16,942 6.36 
Vested(119,739)6.36 
Cancellations(858)14.18 
Non-vested performance-based awards, June 30, 2023
487,722 $10.44 
Total unrecognized compensation expense remaining (in thousands)(3)
$1,390 
Weighted-average years expected to be recognized over2.0
(1)Represents the target number of shares to be issued for each performance-based award.
(2)Represents the number of shares earned over target for performance-based awards granted in 2020 based on performance goals attained. These awards vested in the six months ended June 30, 2023.
(3)The performance metric for the performance-based awards granted in 2022 is not probable of achievement. Therefore, no compensation expense has been recorded on these awards.
Share-based Payment Arrangement, Cash Settled Performance Shares, Activity [Table Text Block]
A summary of the Company’s cash-settled performance-based awards activity and related information for the six months ended June 30, 2023 is as follows:
Cash-settled performance-based awards (1)
Weighted-
average fair
value
Non-vested cash-settled performance-based awards, January 1, 2023
85,776 $7.59 
Cancellations(1,790)5.65 
Non-vested cash-settled performance-based awards, June 30, 2023
83,986 $5.65 
Total unrecognized compensation expense remaining (in thousands)(2)
$— 
Weighted-average years expected to be recognized over0.0
(1) Represents the target number of units to be settled in cash.
(2) The performance metric for the cash-settled performance-based awards granted in 2022 is not probable of achievement. Therefore, no compensation expense has been recorded on these awards.
Summary of Stock Compensation Expense The Company recorded stock compensation expense as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
Stock Compensation Expense Components2023202220232022
Equity based stock option expense$50 $93 $179 $180 
Restricted and performance-based stock awards expense960 1,187 1,697 2,251 
Stock compensation expense for equity based awards$1,010 $1,280 $1,876 $2,431 
Liability based stock option expense1 (1)(4)(6)
Cash-settled performance-based awards expense— 86 0 114 
Total Stock Compensation Expense$1,011 $1,365 $1,872 $2,539