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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Stock-Based Compensation [Abstract]  
Stock Based Compensation Plan For PSU's

Target PSUs

Weighted-Average Grant-Date Fair Value

Nonvested at January 1, 2022

815,164

$

5.51

Granted

420,989

10.22

Vested

(227,510)

9.17

Forfeited

(21,481)

6.14

Nonvested at December 31, 2022

987,162

$

6.66

Granted

473,157

9.04

Vested

(302,988)

3.28

Forfeited

(100,995)

5.14

Nonvested at December 31, 2023

1,056,336

$

8.84

Granted

508,382

1.81

Vested

(196,844)

4.52

Forfeited

(100,060)

9.76

Nonvested at December 31, 2024

1,267,814

$

6.62

Assumptions For PSU Awards

Assumptions for PSU Awards

2024

2023

2022

Risk-free interest rate

4.57%

4.09%

2.47%

Expected life

2.5 years

2.9 years

2.8 years

Expected volatility

56.2%

91.8%

91.0%

Expected dividends

$0

$0

$0

Forfeiture rate

0%

0%

0%

Stock Options

Option Shares

Weighted-Average Exercise Price

Weighted-Average Remaining Contractual Term (1)

Options Exercisable

Weighted-Average Exercise Price

Outstanding at January 1, 2024

1,050,000

$

5.59

9.46

285,000

$

5.55

Expired

(30,000)

5.05

Outstanding at December 31, 2024

1,020,000

$

5.61

8.70

510,000

$

5.61

(1)In years

Stock Options Outstanding And Exercisable

Dollar amounts in thousands

Options Outstanding

Options Exercisable

Intrinsic Value of Options Outstanding

Intrinsic Value of Options Exercisable

Weighted-Average Life of Options Outstanding (1)

Weighted-Average Life of Options Exercisable
(1)

Exercise Price:

$5.61

1,020,000

510,000

8.7

8.7

1,020,000

510,000

$

$

8.7

8.7

(1) In years

Stock Options Valuation Assumptions Assumptions for Employee Stock Options

2023

Risk-free interest rate

4.27%

Expected life

6.8 years

Expected volatility

58.1%

Expected dividend

0%

Forfeiture rate

0

Additional Information Related To Stock Options

For the year ended December 31,

Amounts in thousands

2024

2023

2022

Intrinsic value of share-based awards exercised

$

$

15

$

183

Stock-Based Compensation Expense Recognized In General And Administrative Expenses

For the year ended December 31,

Amounts in thousands

2024

2023

2022

Compensation expense:

2016 Plan

$

66

$

3,610

$

3,335