STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2022

STOCK-BASED COMPENSATION [Abstract]

Activity of Non-vested Restricted Common Stock Awards

A summary of the activity for non-vested restricted stock and RSU awards as of March 31, 2022 is presented below:

	Shares (in thousands)			Weighted Average Share Price
Balance, January 1, 2022		419		$	7.05
Granted		27			5.08
Forfeited		-			-
Vested		(47	)		5.00
Balance, March 31, 2022		399		$	7.16

Non-vested, Service-based Awards

As of March 31, 2022, there was unrecognized compensation cost related to non-vested, service-based RSU awards of $1.1 million, which will be recognized in each of the following years (dollars in thousands):

Unrecognized Expense
2022	$	576
2023		534
2024		21
2025		5
	$	1,136