STOCK COMPENSATION

3 Months Ended

Mar. 31, 2021

Compensation Related Costs [Abstract]

STOCK COMPENSATION

The fair value of restricted stock awards is estimated to be the market price of the Company's common stock at the close of the date of grant. Restricted stock activity during the three months ended March 31, 2021 is as follows:

	Number of Shares		Weighted Average Grant Date Fair Value per Share
Non-vested, December 31, 2020		36,336	$	8.98
Granted		—		—
Vested		—		—
Forfeited		—		—
Non-vested, end of period		36,336	$	8.98

Awards are being amortized to expense ratably, based upon the vesting schedule. Stock compensation (in thousands) for the three month period ended March 31, 2021 was approximately $41, based upon the value at the date of grant. Stock compensation for the three month period ended March 31, 2020 was approximately $1, based upon the value at the date of grant. There was $285 of unrecognized compensation cost related to the non-vested restricted stock as of March 31, 2021.