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Equity and Long-Term Compensation (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Stock Based Compensation Activity

The summary of stock based compensation activity for the three months ended March 31, 2020, with respect to the Trust’s stock options, was as follows:

 

Summary of Activity - Options

 

          Weighted        
    Number of     Average     Aggregate  
    Options     Exercise Price     Intrinsic Value  
Balance as of December 31, 2019     106,000       7.96       -  
Plan Awards     -       -       -  
Options Exercised     -       -       -  
Balance as of March 31, 2020     106,000       7.96       261,820  
Options vested at March 31, 2020     106,000       7.96       261,820  
Summary of Restricted Stock Plan Activity

The summary of Plan activity for the three months ended March 31, 2020, with respect to the Trust’s restricted stock, was as follows:

 

    Number of     Weighted  
    Shares of     Average  
    Restricted     Grant Date  
    Stock     Fair Value  
Balance as of December 31, 2019     24,033       6.14  
Plan Awards     40,000       8.41  
Restricted Stock Vested     (10,700 )     7.02  
Balance as of March 31, 2020     53,333       7.67