SHARE-BASED COMPENSATION PLAN (Tables)

12 Months Ended

Dec. 31, 2021

SHARE-BASED COMPENSATION PLAN [Abstract]

Share-based Payment Award Stock Options Valuation Assumptions

The Company used the Black-Scholes option pricing model to measure the grant date fair value of the options with the following assumptions applied to the model;

	Options with two year vesting		Options with three year vesting
Volatility		57.5%		52.5%
Dividend yield		10.0%		10.0%
Risk-free interest rate		1.64%		1.65%
Weighted-average grant date fair value		$0.59		$0.58