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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 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, 2021
   
1,743,846
   
$
3.89
 
Granted
   
606,950
     
7.21
 
Cancelled
   
-
     
-
 
Vested
   
(802,530
)
   
4.18
 
Nonvested restricted stock outstanding at December 31, 2022
   
1,548,266
     
5.18
 
Granted
   
751,240
     
6.10
 
Cancelled
   
(37,941
)
   
6.15
 
Vested
   
(862,890
)
   
3.76
 
Nonvested restricted stock outstanding at December 31, 2023
   
1,398,675
     
5.16
 
Repurchases of Common Stock
The following table presents information about our repurchases of Common Stock, all of which were completed through open market purchases:

   
Year Ended
 
   
December 31,
 
(in thousands, except share data)
 
2023
   
2022
 
Total number of shares repurchased1
   
165,064
     
1,572,414
 
Total cost of shares repurchased
 
$
891
   
$
9,445
 

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