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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based payment arrangement, restricted stock and restricted stock unit, activity
A summary of the quantity and vesting conditions for stock-based units granted to the Company’s employees for the year ended December 31, 2021 was as follows:
Vesting conditionsNumber of Restricted Stock Units Granted
Performance and service conditions - Type 1 (1) (2)
66,220 
Performance and service conditions - Type 2 (1) (2)
60,451 
Service conditions only - Type 1 (2)
47,500 
Total shares of stock award granted174,171 

(1)The performance conditions with respect to restricted stock units may be satisfied as follows: 
(a)For employees from the Americas, Asia Pacific, and Europe 70% of the restricted stock units may be earned on the basis of performance as measured by a “regional adjusted EBITDA”, and 30% of the restricted stock units may be earned on the basis of performance as measured by a “group adjusted EBITDA”; and
(b)For grants to Corporate office employees subject to 2020 performance conditions, 75% of the restricted stock units may be earned on the basis of performance as measured by a “group adjusted EBITDA”, and 25% of the restricted stock units may be earned on the basis of performance as measured by a “corporate costs” target. For grants to Corporate office employees subject to 2021 performance conditions, 100% of the restricted stock units may be earned on the basis of performance as measured by a “group adjusted EBITDA”.
(c)For grants to Coit Principals subject to 2021 performance conditions, 100% of the restricted stock units may be earned on the basis of performance as measured by a “Coit EBITDA”.
(2)To the extent restricted stock units are earned, such restricted stock units will vest on the basis of service as follows:
(a)33% and 66.6% for Type 1 and Type 2, respectively, of the restricted stock units will vest on the first anniversary of the grant date;
(b)33% and 16.7% for Type 1 and Type 2, respectively, of the restricted stock units will vest on the second anniversary of the grant date; and
(c)34% and 16.7% for Type 1 and Type 2, respectively, of the restricted stock units will vest on the third anniversary of the grant date; provided that, in each case, the employee remains employed by the Company from the grant date through the applicable service vesting date.
Schedule of stock-based compensation expense
For the years ended December 31, 2021 and 2020, the Company’s stock-based compensation expense related to restricted stock units and restricted shares of common stock, which are included in the accompanying Consolidated Statements of Operations, were as follows: 
 For The Year Ended December 31,
 20212020
Restricted shares of common stock$283 $92 
Restricted stock units2,141 645 
Total$2,424 $737 
Schedule of unrecognized compensation cost, nonvested awards
As of December 31, 2021 and 2020, the Company's unrecognized compensation expense and the weighted average periods over which the compensation expense is expected to be recognized relating to the unvested portion of the Company’s restricted stock unit awards, were as follows: 

As of December 31,
20212020
Unrecognized ExpenseWeighted Average Period in YearsUnrecognized ExpenseWeighted Average Period in Years
Restricted shares of common stock$125 0.8$408 1.4
Restricted stock units$1,602 1.1$58 1.1
Changes in stock options For the year ended December 31, 2020, changes in the Company’s stock options were as follows: 
 For The Year Ended December 31,
 2020
Number of OptionsWeighted Average Exercise Price per Share
Options outstanding at January 15,000 $24.90 
Expired/forfeited(5,000)$(24.90)
Options outstanding at December 31— $— 
Options exercisable at December 31— $— 
Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Disclosure of share based compensation arrangements other than options fair value vested
Changes in the Company’s restricted stock units arising from grants to certain employees and non-employee directors for the year ended December 31, 2021 were as follows:

Year Ended December 31, 2021
Performance-basedTime-based/Director Total
Number of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair ValueNumber of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair ValueNumber of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair Value
Unvested restricted stock units at January 114,676 $15.45 — $— 14,676 $15.45 
Granted126,671 $15.79 71,719 $17.50 198,390 $16.41 
Vested(8,543)$15.68 (24,219)$18.30 (32,762)$17.62 
Forfeited(11,411)$14.54 (1,000)$14.54 (12,411)$14.54 
Unvested restricted stock units at December 31121,393 $15.88 46,500 $17.15 167,893 $16.23 
 (a)    The number of shares earned above target are based on the performance target established by the Compensation Committee at the initial grant date.
Changes in the Company’s restricted stock units arising from grants to certain employees and non-employee directors for the year ended December 31, 2020 were as follows:

Year Ended December 31, 2020
Performance-basedTime-based/Director Total
Number of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair ValueNumber of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair ValueNumber of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair Value
Unvested restricted stock units at January 163,436 $15.12 — $— 63,436 $15.12 
Granted— $— 46,697 $9.49 46,697 $9.49 
Vested(26,376)$14.87 (46,697)$9.49 (73,073)$11.43 
Forfeited(22,384)$15.20 — $— (22,384)$15.20 
Unvested restricted stock units at December 3114,676 $15.45 — $— 14,676 $15.45 
Fair value activity of instrument vested
The total fair value of restricted stock units vested during the years ended December 31, 2021 and 2020 were as follows:
For The Year Ended December 31,
20212020
Fair value of restricted stock units vested$591 $685 
Restricted stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Disclosure of share based compensation arrangements other than options fair value vested
Changes in the Company’s restricted shares of common stock arising from the grants issued in connection with the acquisition of Coit Staffing, Inc. (see Note 4) were as follows:
For The Year Ended December 31,
20212020
Number of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair ValueNumber of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair Value
Unvested restricted shares of common stock units at January 152,226 $9.57 — $— 
Granted— $— 52,226 $9.57 
Vested(17,408)$9.57 — $— 
Unvested restricted shares of common stock units at December 3134,818 $9.57 52,226 $9.57 
Fair value activity of instrument vested
The total fair value of restricted shares of common stock during the years ended December 31, 2021 and 2020 were as follows:
For The Year Ended December 31,
20212020
Fair value of restricted shares of common stock vested$310 $—