Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Share-Based Compensation [Abstract]

Schedule of Fair Value of Options Granted Assumptions

	2020
Vesting period (years)		3
Expiration date (years)		10
Expected volatility		30.92%
Expected life (years)		7.5
Expected dividend yield		—%
Risk free interest rate		1.74%
Fair value per option	$	4.60

Schedule of Stock Option Grants Activity

	Stock Option Awards		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Outstanding at December 31, 2019		816,057	$	8.93
Granted		7,293		12.35
Forfeited		(9,844)		8.61
Exercised		—		—
Outstanding at September 30, 2020		813,506	$	8.96		6.20	$	—
Outstanding and expected to vest at September 30, 2020		813,506	$	8.96		6.20	$	—
Vested and Exercisable at September 30, 2020		470,914	$	8.77		6.02	$	—
Unrecognized compensation cost	$	584,000
Weighted average remaining recognition period (years)		1.52

Schedule of Activity in Restricted Stock Awards Under the Equity Plan

	Unvested Restricted Stock Awards		Weighted Average Grant Date Price
Unvested restricted stock awards at January 1, 2020		140,019	$	9.19
Granted		2,430		12.35
Forfeited		(3,938)		8.61
Vested		(1,965)		13.46
Unvested restricted stock awards at September 30, 2020		136,546	$	9.20
Unrecognized compensation cost	$	769,000
Weighted average remaining recognition period (years)		1.48