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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation Stock Options Activity
A summary of the transactions under the 2005 Plan for the three months ended March 31, 2022 is as follows:
($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 202252,000 $6.37 $333 
Options granted— — 
Options exercised— — 
Options forfeited— — 
Options expired— — 
Outstanding, as of March 31, 202252,000 $6.37 $389 
Fully vested and expected to vest52,000 $6.37 $389 
Vested52,000 $6.37 $389 
A summary of the stock options outstanding under the 2010 Plan for the three months ended March 31, 2022 is as follows:
($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 2022210,000 $8.00 $1,000 
Options granted— — 
Options exercised— — 
Options forfeited— — 
Options expired— — 
Outstanding, as of March 31, 2022210,000 $8.00 $1,229 
Fully vested and expected to vest210,000 $8.00 $1,229 
Vested210,000 $8.00 $1,229 
Summary of Information Related to Stock Option Plan
Information related to the 2005 Plan for the periods indicated follows:
Three Months Ended March 31,
($ in thousands)20222021
Intrinsic value of options exercised$— $132 
Cash received from option exercises$— $— 
Tax benefit realized from option exercised$— $20 
Information related to stock options exercised under the 2010 Plan for the periods indicated follows:
Three Months Ended March 31,
($ in thousands)20222021
Intrinsic value of options exercised$— $86 
Cash received from option exercises$— $25 
Tax benefit realized from option exercised$— $— 
Summary of Changes in Non-vested Restricted Stock Awards
A summary of the changes in the Company's non-vested restricted stock units under the 2010 Plan for the three months ended March 31, 2022 is as follows:
($ in thousands, except share data)Shares IssuedWeighted Average Grant Date Fair ValueAggregate
Intrinsic
Value
Non-vested, as of January 1, 202221,000 $7.95 $268 
Awards granted— — 
Awards vested— — 
Awards forfeited(3,000)6.37 
Non-vested, as of March 31, 202218,000 $8.21 $249 
A summary of the changes in the Company’s non-vested restricted stock units under the 2021 Plan for the three months ended March 31, 2022 is as follows:
($ in thousands, except share data)
Shares
Issued
Weighted
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value
Non-vested, as of January 1, 2022176,641 $9.90 $2,254 
Awards granted179,641 12.90 
Awards vested— — 
Awards forfeited— — 
Non-vested, as of March 31, 2022356,282 $11.41 $4,935