Schedule of Market-based Award Valuation Assumptions

For market-based awards granted during the three months ended September 30, 2019, the assumptions used in the Monte Carlo simulation valuations, expected lives and fair values were as follows:


	September 30,
	2019
Weighted average fair value of market-based awards granted	$	3.50
Risk-free interest rate	1.87		%
Expected vesting term in years	1.35
Expected volatility	43.7		%
Dividend yield	6.0		%

Schedule of Restricted Stock transactions

The following table sets forth the Restricted Stock transactions for the three months ended September 30, 2020:


	Number of Restricted Shares	Weighted Average Grant-Date Fair Value		Unamortized Compensation Expense at September 30, 2020		Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2020	285,028	$	5.53
Service-based shares granted	—	—

Market-based shares granted	—	—
Vested	(45,639)	7.17
Forfeited	—	—
Unvested Restricted Stock at September 30, 2020	239,389	$	5.21	$	787,175	1.61

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]