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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2022 is presented below:

   
Shares
(in thousands)
   
Weighted Average
Share Price
 
             
Balance, January 1, 2022
   
419
   
$
7.05
 
Granted
   
161
     
5.01
 
Vested
   
(48
)
   
4.99
 
Balance, September 30, 2022
   
532
   
$
6.62
 
Non-vested, Service-based Awards
As of September 30, 2022, there was unrecognized compensation cost related to non-vested, service-based RSU awards of $1.3 million, which will be recognized in each of the following years (dollars in thousands):

Unrecognized Expense
(in thousands)
       
2022
 
$
248
 
2023
   
752
 
2024
   
239
 
2025
   
89
 
2026
   
7
 

 
$
1,335