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Note 9 - Stock Incentive Plan - Schedule of Nonvested Performance Based Units Activity (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Stock based compensation $ 309 $ 553 $ 1,198
Performance Shares [Member]      
Unvested, beginning of period (in shares) 80,201 95,768  
Unvested, beginning of period (in dollars per share) $ 10.12 $ 12.48  
Fully vested shares granted (in shares) 18,137 36,773  
Weighted average grant date price per share (in dollars per share) $ 8.27 $ 8.62  
Forfeited, shares (in shares) [1],[2] (2,393) (14,365)  
Forfeited, grant date fair value (in dollars per share) [1],[2],[3] $ 9.13 $ 12.48  
Vested and issued, shares (in shares) (44,482) (37,975)  
Vested and issued, grant date fair value (in dollars per share) $ 10.65 $ 13.72  
Unvested, shares (in shares) 51,463 80,201 95,768
Unvested, grant date fair value (in dollars per share) $ 9.05 $ 10.12 $ 12.48
Stock based compensation $ 300 $ 406  
Unrecognized compensation expense, end of period 157 329  
Intrinsic value, end of period $ 371 $ 624  
Weighted-average remaining vesting term (in years) (Year) 10 months 24 days 1 year 1 month 6 days  
[1] During 2024, the number of shares of common stock issuable upon the vesting of the remaining outstanding PUs as of December 31, 2023 was reduced by 14,365 shares as a result of a book value impairment event that occurred pursuant to the terms of the long term equity incentive compensation plans (the “Plans”) established under the Company’s Incentive Plans. The book value impairment event occurred when the Company's book value per share declined by more than 15% during the quarter ended September 30, 2023 and the Company’s book value per share decline from July 1, 2023 to December 31, 2023 was more than 10%. The Plans provide that if such a book value impairment event occurs, then the number of outstanding PUs that are outstanding as of the last day of such two quarter period shall be reduced by 15%.
[2] During 2025, a participant's service as an employee of the Manager ended resulting in the forfeiture of 2,393 PUs as provided in the Plans (as defined below).
[3] The number of shares of common stock issuable upon the vesting of the remaining outstanding PUs as of December 31, 2023 was reduced by 14,365 shares as a result of a book value impairment event that occurred pursuant to the terms of the long term equity incentive compensation plans (the “Plans”) established under the Company’s Incentive Plans. The book value impairment event occurred when the Company's book value per share declined by more than 15% during the quarter ended September 30, 2023 and the Company’s book value per share decline from July 1, 2023 to December 31, 2023 was more than 10%. The Plans provide that if such a book value impairment event occurs, then the number of outstanding PUs that are outstanding as of the last day of such two quarter period shall be reduced by 15%.