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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2024
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, 2023
   
1,398,675
   
$
5.16
 
Granted
   
400,212
     
9.62
 
Vested
   
(759,731
)
   
6.40
 
                 
Nonvested Restricted Stock outstanding at March 31, 2024
   
1,039,156
    $
7.62
 
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
 

 
March 31,
 
(in thousands, except share data)
 
2024
   
2023
 
Total number of shares repurchased1
   
-
     
104,030
 
Total cost of shares repurchased
 
$
-
   
$
556
 


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