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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2023
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, 2023 was as follows:
Vesting conditionsNumber of Restricted Stock Units Granted
Performance and service conditions - Type 1 (1) (2)
7,736 
Performance and service conditions - Type 2 (1) (2)
21,105 
Service conditions only - Type 1 (2)
66,355 
Total shares of stock award granted95,196 

(1)The performance conditions with respect to restricted stock units may be satisfied as follows: 
(a)For grants to Corporate office employees subject to 2023 performance conditions, 100% of the restricted stock units may be earned on the basis of performance as measured by a “group adjusted 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, 2023 and 2022, 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,
 20232022
Restricted shares of common stock$16 $108 
Restricted stock units1,453 2,210 
Total$1,469 $2,318 
Schedule of unrecognized compensation cost, nonvested awards
As of December 31, 2023 and 2022, 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,
20232022
Unrecognized ExpenseWeighted Average Period in YearsUnrecognized ExpenseWeighted Average Period in Years
Restricted shares of common stock$— 0$16 0.2
Restricted stock units$1,346 0.9$1,519 0.8
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 years ended December 31, 2023 and 2022 were as follows:

Year Ended December 31, 2023
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 1130,186 $23.56 33,390 $20.31 163,576 $22.89 
Granted28,841 $22.27 87,083 $15.76 115,924 $17.39 
Shares earned above target (a)3,940 $35.72 — $— 3,940 $35.72 
Vested(58,834)$22.10 (36,321)$18.06 (95,155)$20.56 
Forfeited(8,869)$35.10 (3,730)$18.26 (12,599)$30.11 
Unvested restricted stock units at December 3195,264 $23.49 80,422 $16.50 175,686 $20.29 
 (a)    The number of shares earned above target are based on the performance target established by the Compensation Committee at the initial grant date.
(a)     The number of shares earned above target are based on the performance targets established by the Compensation Committee at the initial grant date.

Year Ended December 31, 2022
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 1121,393 $15.88 46,500 $17.15 167,893 $16.23 
Granted50,160 $35.37 15,334 $35.92 65,494 $35.50 
Shares earned above target (a)36,884 $16.70 — $— 36,884 $16.70 
Vested(78,251)$15.99 (24,769)$24.68 (103,020)$18.08 
Forfeited— $— (3,675)$16.04 (3,675)$16.04 
Unvested restricted stock units at December 31130,186 $23.56 33,390 $20.31 163,576 $22.89 
Fair value activity of instrument vested
The total fair value of restricted stock units vested during the years ended December 31, 2023 and 2022 were as follows:
For The Year Ended December 31,
20232022
Fair value of restricted stock units vested$1,976 $3,311 
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 were as follows:
For The Year Ended December 31,
20232022
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 117,410 $9.57 34,818 $9.57 
Vested(17,410)$9.57 (17,408)$9.57 
Unvested restricted shares of common stock units at December 31— $— 17,410 $9.57 
Fair value activity of instrument vested
The total fair value of restricted shares of common stock during the years ended December 31, 2023 and 2022 were as follows:
For The Year Ended December 31,
20232022
Fair value of restricted shares of common stock vested$— $675