STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2020

Activity of Non-vested Restricted Common Stock Awards

A summary of the activity for non-vested restricted stock and RSU awards as of September 30, 2020 and 2019 is presented below:

(in thousands, except per share data)	Shares			Grant Fair Value
Balance, December 31, 2019	$	606		$	7.27
Granted		33			4.38
Vested		(19	)		6.61
Balance, September 30, 2020	$	620		$	7.27

Balance, December 31, 2018	$	658		$	7.39
Granted		28			5.64
Forfeited		(5	)		5.64
Vested		(1	)		7.72
Balance, September 30, 2019	$	680		$	7.39

Non-vested, Service-based Awards

As of September 30, 2020, there was unrecognized compensation cost related to non-vested, service-based restricted stock and RSU awards of $2.3 million which will be recognized in each of the following years:

(in thousands)
2020	$	208
2021		812
2022		760
2023		516
Total unrecognized expense	$	2,296