STOCK-BASED COMPENSATION (Tables) - 2015 EIP Plan

12 Months Ended

Dec. 31, 2020

Stock Options

Stock Awards

Schedule of nonvested stock amortization expense

	For the Years Ended December 31,
	2020		2019		2018
General and administrative expenses	$	787	$	850	$	731

Schedule of stock option activity

	For the Years Ended December 31,
	2020					2019					2018
		Weighted		Weighted			Weighted		Weighted			Weighted		Weighted
	Number	Average		Average		Number	Average		Average		Number	Average		Average
	of	Exercise		Fair		of	Exercise		Fair		of	Exercise		Fair
	Options	Price		Value		Options	Price		Price		Options	Price		Price
Outstanding as of January 1 - Unvested	322,279	$	9.41		4.72	166,942	$	13.01		7.25	88,667	$	11.13		6.41
Granted	344,568		7.06		2.01	240,540		8.33		3.76	122,608		13.69		7.55
Exercisable	(119,923)		9.87		5.05	(85,203)		12.36		6.96	(44,333)		11.13		6.41
Exercised	—		—		—	—		—		—	—		—		—
Forfeited	(3,378)		8.07		3.76	—		—		—	—		—		—
Outstanding as of December 31 - Unvested	543,546	$	7.83	$	2.94	322,279	$	9.41	$	4.72	166,942	$	13.01	$	7.25

The following table summarizes certain information about the options outstanding as of December 31, 2020:

		Options Outstanding and Unvested,				Options Outstanding and Exercisable,
		December 31, 2020				December 31, 2020
Weighted					Weighted				Weighted
Average			Weighted		Average		Weighted		Average
Exercise Price of			Average		Remaining		Average		Remaining
Outstanding		Number of	Exercise		Contractual	Number of	Exercise		Contractual
Options		Options	Price		Life	Options	Price		Life
$	8.86	543,546	$	7.83	4.72	293,792	$	10.78	3.01

Restricted Stock Units

Stock Awards

Schedule of nonvested stock amortization expense

	For the Years Ended December 31,
	2020		2019		2018
General and administrative expenses	$	1,239	$	1,207	$	1,489

Summary of nonvested restricted stock units

	2020			2019			2018
		Weighted			Weighted			Weighted
	Number of	Average Grant		Number of	Average Grant		Number of	Average Grant
	RSUs	Date Price		RSUs	Date Price		RSUs	Date Price
Outstanding as of January 1	162,096	$	9.26	149,170	$	12.42	220,129	$	11.01
Granted	221,903		6.80	140,914		8.50	51,704		14.84
Vested	(83,675)		9.07	(127,988)		12.10	(122,663)		10.92
Forfeited	(1,490)		8.39	—		—	—		—
Outstanding as of December 31	298,834	$	7.49	162,096	$	9.26	149,170	$	12.42

The total fair value of the RSUs that vested during the years ended December 31, 2020, 2019 and 2018 was $550, $1,235 and $1,694, respectively. The total fair value is calculated as the number of shares vested during the period multiplied by the fair value on the vesting date.

The following table summarizes certain information of the RSUs unvested and vested as of December 31, 2020:

Unvested RSUs				Vested RSUs
December 31, 2020				December 31, 2020
			Weighted
	Weighted		Average		Weighted
	Average		Remaining		Average
Number of	Grant Date		Contractual	Number of	Grant Date
RSUs	Price		Life	RSUs	Price
298,834	$	7.49	1.59	505,898	$	11.07

Restricted Stock

Stock Awards

Schedule of nonvested stock amortization expense

	For the Years Ended December 31,
	2020		2019		2018
General and administrative expenses	$	—	$	—	$	11

Summary of nonvested stock awards

	For the Year Ended December 31,
	2018
		Weighted
	Number of	Average Grant
	Shares	Date Price
Outstanding as of January 1	6,802	$	5.20
Granted	—		—
Vested	(6,802)		5.20
Forfeited	—		—
Outstanding as of December 31	—	$	—