Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Allocation of Compensation Expense

The Company recorded the following compensation expense related to the Stock Plans:

	Years Ended December 31,
(in thousands)	2020		2019
RSA expense	$	2,304	$	2,011
PSU expense	192		—
Total stock-based compensation expense	$	2,496	$	2,011

Schedule of Unrecognized Compensation Cost

The amount of unrecognized compensation cost as of December 31, 2020, and the expected weighted-average period over which the cost will be recognized is as follows:

	As of December 31, 2020
(in thousands)	Unrecognized Compensation Cost		Expected Weighted-Average Period of Recognition (in years)
RSA expense	$	1,788	1.60
PSU expense	117		2.19
Total unrecognized stock-based compensation expense	$	1,905	1.62

Summary of Restricted Stock Activity

A summary of the status and activity of RSA's and RSU's is presented in the following table:

	Restricted Stock		Weighted-Average Grant Date Fair Value
(in thousands, except for share and per share amounts)	Awards	Units	RSA's		RSU's
For the year ended December 31, 2020
Non-vested at January 1, 2020	451,344	—	$	10.65	$	—
Granted	315,383	—	$	5.20	$	—
Vested	(356,394)	—	$	9.41	$	—
Forfeited	(36,473)	—	$	10.42	$	—
Non-vested at December 31, 2020	373,860	—	$	7.25	$	—

Summary of Option Activity

A summary of option activity under the Stock Plans is presented below:

(in thousands, except for share and per share amounts)	Number of Options Outstanding and Exercisable	Weighted- Average Exercise Price		Aggregate Intrinsic Value		Weighted- Average Remaining Contractual Term (in years)
For the year ended December 31, 2020
Options outstanding at January 1, 2020	300,000	$	13.87
Options granted	—	$	—
Options exercised	—	$	—
Options expired / forfeited	(300,000)	$	13.87
Options outstanding at December 31, 2020	—	$	—	$	—	—
Options vested and exercisable at December 31, 2020	—	$	—	$	—	—

Schedule of Performance Shares, Outstanding Activity

A summary of PSU activity for the year ended December 31, 2020 is presented below:

	Units	Weighted-Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)		Weighted-Average Remaining Contractual Term (in years)
PSU's outstanding, December 31, 2020
PSU's outstanding, January 1, 2020	—	$	—
Granted	50,127	6.17
Vested / Settled	—	—
Forfeited / Canceled	—	—
PSU's outstanding, December 31, 2020	50,127	$	6.17	$	—	2.19