Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

Allocation of Compensation Expense

Total stock-based compensation expense for the three months ended March 31, 2022 and 2021 was as follows:

	Three Months Ended March 31,
(in thousands)	2022		2021
RSA expense	$	427	$	407
PSU expense	37		14
Total stock-based compensation expense	$	464	$	421

Schedule of Unrecognized Compensation Cost

The amount of unrecognized compensation cost as of March 31, 2022, and the expected weighted-average period over which the cost will be recognized is as follows:

	As of March 31, 2022
(in thousands, expect years)	Unrecognized Compensation Cost		Expected Weighted- Average Period of Recognition (in years)
RSA expense	$	3,625	2.40
PSU expense	245		2.07
Total unrecognized stock-based compensation expense	$	3,870	2.34

Summary of Restricted Stock Activity

A summary of RSA activity under the Company's various stock compensation plans for the three months ended March 31, 2022 is presented below:

	Restricted Stock	Weighted-Average Grant Date Fair Value
Non-vested at January 1, 2022	531,623	$	5.94
Granted	336,079	$	6.40
Vested	(217,973)	$	6.47
Forfeited	(12,337)	$	6.05
Non-vested at March 31, 2022	637,392	$	6.00

Summary of Performance Shares Units

A summary of PSU activity for the three months ended March 31, 2022 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, January 1, 2022	88,026	$	6.65
Granted	60,565	9.59
Vested / Settled	—	—
Forfeited / Canceled	—	—
PSU's outstanding, March 31, 2022	148,591	$	7.85	$	924	2.07