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Restricted Stock Plan (Tables)
 12 Months Ended
Dec. 31, 2019
Restricted Stock Plan  
Schedule of Nonvested Restricted Stock Units Activity

A summary of the status of the Company’s nonvested restricted shares as of December 31, 2019, and changes during the year then ended, is presented below:

 

 

 

 

 

 

 

 

    

 

    

Weighted-

 

 

 

 

Average

 

 

 

 

Grant-Date

 

 

Shares

 

Fair Value

 

 

 

 

 

 

Nonvested, beginning of year

 

300,000

 

$

10.23

Granted

 

32,500

 

 

11.35

Vested

 

(95,000)

 

 

8.40

Forfeited

 

 —

 

 

 —

Nonvested, end of year

 

237,500

 

$

11.15