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LONG-TERM STOCK INCENTIVE PLAN (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Option Activity
The following table sets forth activity related to the Company’s RSUs and PSUs awarded under the Plans:

For the year ended
December 31, 2020
Number of SharesWeighted Average Grant Date Fair Value
(dollars in thousands)
Beginning balance— $— 
Granted (1)
1,790,759 $7.24
Vested(100,100)$9.99
Forfeited (1)
(19,921)$9.59
Ending balance (2)
1,670,738 $7.05
(1) Includes dividend equivalent rights.
(2) The ending balance includes 404,589 PSUs and related dividend equivalent rights subject to performance conditions and future service requirements, and represents the target amount of such PSUs that may be earned.