STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 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		454,937			9.81
Canceled		(7,597	)		7.68
Vested		(851,353	)		6.33
Nonvested Restricted Stock outstanding at June 30, 2024		994,662		$	7.99

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				Six Months Ended
	June 30,				June 30,
(in thousands, except share data)	2024		2023		2024		2023
Total number of shares repurchased1		-		61,034		-		165,064
Total cost of shares repurchased	$	-	$	335	$	-	$	891

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