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EQUITY-BASED INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following table summarizes stock option activity for the Plans:
OptionsWeighted Average Exercise PriceAggregate Intrinsic ValueWeighted
Average
Remaining Contractual Life
(In thousands)
Outstanding at December 31, 2019325,333 $4.38 $109 4.4 years
Granted— $— $— 
Exercised(13,333)$3.60 $
Forfeited/Expired(1,917)$3.99 $
Outstanding at December 31, 2020310,083 $4.41 $104 2.2 years
Granted393,750 $5.84 $— 
Exercised(60,000)$3.36 $177 
Forfeited/Expired(88,416)$3.97 $103 
Outstanding at December 31, 2021555,417 $5.61 $71 7.3 years
Exercisable at December 31, 2021161,667 $5.05 $71 1.7 years
Expected to vest at December 31, 2021393,750 $5.84 $— 9.6 years
Unrecognized stock-based compensation expense at December 31, 2021 (in thousands)$612 
Weighted average remaining vesting period at December 31, 20212.4 years
Schedule of Nonvested Restricted Stock Units Activit
The following table summarizes nonvested restricted stock activity for the Plans:
RSAsRSUs
SharesWeighted
Average Grant
Date Fair Value
UnitsWeighted
Average Grant
Date Fair Value
Nonvested at December 31, 2019475,619 $2.98 900,000 $1.42 
Granted592,000 $3.52 166,500 $3.19 
Vested(352,762)$3.12 — $— 
Forfeited(30,851)$2.85 (80,000)$3.19 
Nonvested at December 31, 2020684,006 $3.38 986,500 $1.58 
Granted324,401 $5.56 506,500 $5.84 
Vested(394,169)$3.30 (28,834)$3.19 
Forfeited(96,669)$3.77 (450,000)$1.42 
Nonvested at December 31, 2021517,569 $4.74 1,014,166 $3.73 
Unrecognized stock-based compensation expense at December 31, 2021 (in thousands)$1,928 $2,823 
Weighted average remaining vesting period at December 31, 20211.6 years2.3 years
Share-based Payment Arrangement, Cost by Plan
Compensation expense for share-based awards recognized in general and administrative expenses was comprised of the following:
Years Ended December 31,
20212020
(In thousands)
Options$104 $37 
RSAs1,521 1,155 
RSUs428 470 
Total compensation expense for share-based awards$2,053 $1,662