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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2023
STOCKHOLDERS' EQUITY [Abstract]  
Transactions Pertaining to Restricted Stock
The following is a summary of transactions pertaining to Restricted Stock:

 
Shares
   
Weighted
Average Grant
Date Fair Value
Per Share
 
Nonvested Restricted Stock outstanding at December 31, 2022
   
1,548,266
   
$
5.18
 
Granted
   
751,240
     
6.10
 
Canceled
   
(37,941
)
   
6.15
 
Vested
   
(862,890
)
   
4.01
 
                 
Nonvested Restricted Stock outstanding at September 30, 2023
   
1,398,675
     
6.37
 
Repurchases of Common Stock
The following table presents information about our repurchases of Common Stock, all of which were completed through open market purchases:


 
Three Months Ended
   
Nine Months Ended
 

 
September 30,
   
September 30,
 
(in thousands, except share data)
 
2023
   
2022
   
2023
   
2022
 
Total number of shares repurchased1
   
-
     
668,440
     
165,064
     
1,083,403
 
Total cost of shares repurchased
 
$
-
   
$
4,195
   
$
891
   
$
6,733
 


1 These shares were subsequently canceled and recorded as a reduction of Common Stock.