XML 72 R35.htm IDEA: XBRL DOCUMENT v3.22.0.1
Stock Incentive Plans (Tables)
 12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Restricted Stock Award Activity
The following schedule represents outstanding stock awards granted under the 2016 Plan, excluding the performance-based shares described above:

 Restricted shares Weighted Average Fair value on grant date
Aggregate
 fair value
(in millions)
Vesting Terms
Unvested restricted stock outstanding as of December 31, 2019222,786 $32.63 $7.27 
Issued during 2020107,930 22.12 2.39 
33% vesting annually over three-year term
Vested during 2020(65,981)32.63 (2.15)
Forfeitures and cancellations due to settlement of tax liability on vested shares during 2020(46,722)32.63 (1.52)
Unvested restricted stock outstanding as of December 31, 2020218,013 27.48 5.99 
Issued during 2021114,395 33.40 3.82 
33% vesting annually over three-year term
Vested during 2021(81,734)27.48 (2.25)
Forfeitures and cancellations due to settlement of tax liability on vested shares during 2021(50,529)27.48 (1.39)
Unvested restricted stock outstanding as of December 31, 2021200,145 $30.83 $6.17 
The following schedule represents unvested options outstanding granted under the 2016 Plan:
Stock Options Activity
 OptionsWeighted Average Exercise
Price
Fair
Value of
Options
on grant
date
Aggregate fair value
(in millions)
Unvested options outstanding as of December 31, 201926,000 $38.92 $18.20 $0.47 
Vested and unexercised during 2020(13,000)38.92 (9.10)$(0.24)
Unvested options outstanding as of December 31, 202013,000 $38.92 $9.10 $0.23 
Vested and unexercised during 2021(13,000)$38.92 $(9.10)$(0.23)
Unvested options outstanding as of December 31, 2021— $— $— 
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, 2021December 31, 2020December 31, 2019
Stock awards / stock option plans$3,481,095 $3,048,280 $4,826,324 
Total stock-based compensation expense$3,481,095 $3,048,280 $4,826,324