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STOCK-BASED INCENTIVE COMPENSATION Stock-Based Incentive Compensation (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
A summary of restricted stock award activity from the Merger Date through December 31, 2019 was as follows:
 
Restricted Stock
 
Weighted Average Grant Date Fair Value
Balance at December 31, 2018
—

 
$
—

Acquired in Merger (1)
280,120

 
$
10.68

Granted
169,123

 
$
10.72

Vested and issued (1)
(214,926
)
 
$
10.68

Forfeited and expired (1)
(2,755
)
 
$
10.68

Balance at December 31, 2019
231,562

 
$
10.68

(1) Weighted average grant date fair value was calculated as $2.67 stock price on the August 6, 2019 Merger Date, multiplied by four to adjust for the one share for four share reverse stock split.
Share-based Payment Arrangement, Option, Activity [Table Text Block]
A summary of stock option activity from the Merger Date through December 31, 2019 was as follows (all amounts adjusted for the one share for four share reverse stock split):
 
Options
 
Weighted Average Exercise Price
 
Aggregate Intrinsic Value (thousands)
 
Weighted Average Remaining Contractual Life
Balance at December 31, 2018
—

 
$
—

 
$
—

 

Acquired in Merger
812,565

 
$
13.88

 
$
3,935

 
 
Granted
—

 
$
—

 
$
—

 
 
Exercised
(158,270
)
 
$
7.64

 
$
995

 
 
Forfeited and expired
(9,320
)
 
$
17.72

 
$
29

 
 
Balance at December 31, 2019
644,975

 
$
15.36

 
$
2,754

 
2.4 years
Exercisable at December 31, 2019
597,856

 
$
15.76

 
$
2,524

 
1.9 years
Schedule of Fair Value of Awards
The fair value of each award was determined using a Monte-Carlo simulation with the following weighted average assumptions used for the years ended December 31, 2019 and 2018:
Risk-free interest rate (1)
 
2.25
%
Average time to liquidity (years) (2)
 
2.13

Volatility (3)
 
47.00
%
Discount for lack of marketability (4)
 
30.00
%
Weighted-average grant-date fair value per share
 
$1.13
 
 
 
(1) Represents the US Treasury security rate for the expected time to liquidity event.
(2) Represents the period of time expected prior to liquidity event.
(3) Based on historical volatility of comparable public companies.
(4) Represents a discount taken to reflect the private nature of the investment.
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table outlines the outstanding and exercisable stock options as of December 31, 2019 (all amounts adjusted for the one share for four share reverse stock split):
 
 
Options Outstanding
 
Options Exercisable
Range of Option Exercise Price
 
Outstanding Options
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Life
 
Options Exercisable
 
Weighted Average Exercise Price
$0.00 - $8.24
 
139,168

 
$
4.87

 
1.0 year

 
135,867

 
$
4.83

$8.24 - $16.52
 
295,224

 
$
10.33

 
3.7 years

 
251,406

 
$
10.34

$16.52 - $24.76
 
38,250

 
$
20.97

 
2.5 years

 
38,250

 
$
20.97

$24.76 - $33.00
 
148,333

 
$
28.57

 
0.8 years

 
148,333

 
$
28.57

$33.00 - $41.28
 
—

 
$
—

 
—

 
—

 
$
—

$41.28 - $49.52
 
18,750

 
$
44.16

 
3.2 years

 
18,750

 
$
44.16

$49.52 - $57.76
 
4,000

 
$
56.24

 
3.0 years

 
4,000

 
$
56.24

$57.76 - $66.00
 
—

 
$
—

 
—

 
—

 
$
—

$66.00 - $74.28
 
1,250

 
$
66.52

 
3.6 years

 
1,250

 
$
66.52

All options
 
644,975

 
 
 
 
 
597,856