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Stock-Based Compensation | 12 Months Ended
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Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Compensation | (13) Stock-Based Compensation The Beasley Broadcast Group, Inc. 2007 Equity Incentive Award Plan (the “2007 Plan”) permits the Company to issue up to 7.5 million shares of Class A common stock. The 2007 Plan allows for eligible employees, directors and certain consultants of the Company to receive restricted stock units, shares of restricted stock, stock options or other stock-based awards. The restricted stock units and restricted stock awards that have been granted under the 2007 Plan generally vest over one to five years of service. A summary of restricted stock unit activity is presented below:
|  | Shares |  |  | Weighted- Average Grant-Date Fair Value |
Unvested as of January 1, 2017 |  |  | — |  |  |  | — |
Granted |  |  | 561,555 |  |  | $ | 10.75 |
Vested |  |  | (129,792 | ) |  |  | 10.55 |
Forfeited |  |  | (15,000 | ) |  |  | 9.35 |
Unvested as of December 31, 2017 |  |  | 416,763 |  |  | $ | 10.86 |
Granted |  |  | 210,326 |  |  |  | 7.82 |
Vested |  |  | (155,256 | ) |  |  | 10.62 |
Forfeited |  |  | (42,000 | ) |  |  | 12.66 |
Unvested as of December 31, 2018 |  |  | 429,833 |  |  | $ | 9.77 |
A summary of restricted stock activity is presented below:
|  | Shares |  |  | Weighted- Average Grant-Date Fair Value |
Unvested as of January 1, 2017 |  |  | 343,513 |  |  | $ | 4.70 |
Granted |  |  | 2,000 |  |  |  | 3.59 |
Vested |  |  | (143,611 | ) |  |  | 4.16 |
Forfeited |  |  | (21,583 | ) |  |  | 6.45 |
Unvested as of December 31, 2017 |  |  | 180,319 |  |  |  | 5.47 |
Vested |  |  | (30,700 | ) |  |  | 5.49 |
Forfeited |  |  | (48,119 | ) |  |  | 8.35 |
Unvested as of December 31, 2018 |  |  | 101,500 |  |  | $ | 6.42 |
As of December 31, 2018, there was $3.4 million of total unrecognized compensation cost for restricted stock units and shares of restricted stock granted under the 2007 Plan. That cost is expected to be recognized over a weighted-average period of 2.4 years.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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