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Equity Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Company's Outstanding Restricted Stock

The following is a summary of the Company’s outstanding restricted shares and changes therein for the three- and six-month periods ended June 30, 2020:

 

 

 

Three months ended

 

 

Six Months Ended

 

 

 

June 30, 2020

 

 

June 30, 2020

 

 

 

Number of

Restricted

Shares

 

 

Weighted

Average Grant

Date Fair Value

 

 

Number of

Restricted

Shares

 

 

Weighted

Average Grant

Date Fair Value

 

Nonvested at beginning of period

 

 

54,274

 

 

$

20.90

 

 

 

44,027

 

 

$

20.48

 

Granted

 

 

 

 

 

 

 

 

26,979

 

 

 

21.26

 

Vested

 

 

 

 

 

 

 

 

(16,732

)

 

 

20.36

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Nonvested at end of period

 

 

54,274

 

 

$

20.90

 

 

 

54,274

 

 

$

20.90

 

The following is a summary of the status of the Company’s outstanding restricted shares as of June 30, 2020:

 

At June 30, 2020

 

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting

Period (Years)

 

January 15, 2016

 

 

2,056

 

 

$

10

 

 

 

0.50

 

March 20, 2017

 

 

2,388

 

 

 

37

 

 

 

1.50

 

April 10, 2018

 

 

2,643

 

 

 

23

 

 

 

0.50

 

April 10, 2018

 

 

4,670

 

 

 

77

 

 

 

2.50

 

March 14, 2019

 

 

6,796

 

 

 

95

 

 

 

1.50

 

March 14, 2019

 

 

8,742

 

 

 

139

 

 

 

3.50

 

March 13, 2020

 

 

12,982

 

 

 

242

 

 

 

2.50

 

March 13, 2020

 

 

13,997

 

 

 

226

 

 

 

4.50

 

 

 

 

54,274

 

 

$

849

 

 

 

2.80