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Stock Incentive Plans (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Restricted Stock Award Activity The restricted stock and option were not granted under, but are subject to, the terms of the Company’s 2014 Plan. The details of the grant are below:
 
Restricted shares *
Fair value
 on grant
 date
Aggregate
fair value
(in millions)		Vesting Terms
Granted on November 7, 2016233,863  $4.24  $1.0  
100% vesting on third anniversary date
Unvested restricted stock outstanding as of December 31, 2018 and 2017233,863  $4.24  $1.0   
Vested during 2019(126,152) 
Cancellations due to settlement of tax liability on vested shares(107,711) 
Unvested restricted stock outstanding as of December 31, 2019—  $—  $—  
The following schedule represents outstanding stock awards and options granted under the 2016 Plan:
 Restricted shares Weighted Average Fair value on grant date
Aggregate
 fair value
(in millions)
Vesting Terms
Unvested restricted stock outstanding as of December 31, 20171,430,925  $5.70  $8.15  
33% vesting annually over three year term
Issued on January 4, 2018948,500  4.71  4.47  
33% vesting annually over three year term
Issued on January 10, 201830,000  4.81  0.10  
Vested on January 10, 2018(30,000) 4.81  (0.10) 
Net shares vested on March 1, 2018(90,711) 5.47  (0.50) 
Vested on September 1, 2018(408,143) 5.90  (2.41) 
Vested on October 14, 2018(130,164) 5.90  (0.77) 
Forfeitures and cancellations due to settlement of tax liability on vested shares during 2018(537,942) 5.81  (3.13) 
Unvested restricted stock outstanding as of December 31, 20181,212,465  4.80  5.82  
Issued during 2019829,390  4.61  3.82  
33% vesting annually over three year term
Vested during 2019(293,011) 4.92  (1.44) 
Forfeitures and cancellations due to settlement of tax liability on vested shares during 2019(189,342) 4.91  (0.93) 
Unvested restricted stock outstanding as of December 31, 20191,559,502  $4.66  $7.27  
Stock Options Activity Amortization of the above stock awards was calculated using the cliff method of vesting and included in general and administrative expenses.
 Options**Weighted Average Exercise
Price		Expiration( years)Risk free
interest
rate		VolatilityDividend %
Fair
 Value of
 Options
 on grant
 date
Aggregate
fair value
(in millions)		Expected Term and vesting conditions
Granted on November 7, 2016280,000  $4.28  51.10 %61 %— %$1.91  $0.53  
3.75 years and 25% vesting annually over four year term
Vested during 2017(70,000) $(0.13) 
Unvested options outstanding as of December 31, 2017210,000  $4.28      $1.91  $0.40   
Vested during 2018(70,000) $(0.13) 
Unvested options outstanding as of December 31, 2018140,000  $4.28  $1.91  $0.27  
Vested during 2019(70,000) $4.28  $1.91  $(0.13) 
Unvested options outstanding as of December 31, 201970,000  $4.28  $1.91  $0.14  
  
** The volatility was calculated by comparing the Company’s share price movement since emergence from bankruptcy on October 14, 2014 and its peers’ share price movement for the past five years. The amortization of these stock options was calculated using the graded method of vesting and included in general and administrative expenses.
 Options*Weighted Average Exercise
Price		Expiration (years)Risk free
interest rate		VolatilityDividend %
Fair
Value of
Options
on grant
date
Aggregate fair value
(in millions)
Expected Term and Vesting conditions
Unvested options outstanding as of December 31, 20171,180,086  $4.65  51.79 %61 %—  $2.91  $3.43  
Vested and unexercised during 2018(525,501) 4.55  3.01  (1.60) 
Forfeitures during 2018(1,875) 5.56  2.60  (0.05) 
Exercised during 2018(875) 5.56  2.60  (0.03) 
Unvested options outstanding as of December 31, 2018651,835  4.72  1.75  
Vested and unexercised during 2019(465,335) 5.56  2.73  (1.27) 
Forfeitures during 2019(4,500) 5.56  2.60  (0.01) 
Unvested options outstanding as of December 31, 2019182,000  $5.56  $2.60  $0.47  
Schedule Of Noncash Compensation Expenses The stock-based compensation expense for the above stock awards and options under the 2016 Plan and 2014 Plan included in General and administrative expenses:
 For the Years Ended
December 31, 2019December 31, 2018December 31, 2017
Stock awards /stock option plans$4,826,324  $9,207,480  $8,738,615  
Total stock-based compensation expense$4,826,324  $9,207,480  $8,738,615