STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 2022

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7.    STOCK-BASED COMPENSATION

We recognized stock-based compensation expense as follows (amounts in thousands):

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2022		2021		2022		2021
Restricted stock	$	1,201	$	550	$	2,356	$	1,082
Performance stock		847		479		1,478		844
Stock appreciation rights		360		446		692		876
Stock options		10		18		16		35
Total stock-based compensation expense	$	2,418	$	1,493	$	4,542	$	2,837

Stock-based compensation expense is included within General and administrative expense in the consolidated statements of operations and comprehensive income.

There were no awards granted during the three months ended June 30, 2022 and 2021. During the six months ended June 30, 2022 and 2021, we granted the following stock-based compensation awards:

		Six Months Ended
		June 30,		June 30,
	2022		2021
		(Number of shares)
Performance stock (at maximum 200% attainment)		39,380		—
Restricted stock		28,220		—
Total equity awards granted		67,600		—

As of June 30, 2022, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards were as follows:

	Unrecognized		Weighted-
	compensation		average vesting
	expense		period (years)
Restricted stock	$	8,347		2.4
Performance stock		6,039		2.2
Stock appreciation rights		964		1.1
Stock options		33		1.1