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Note 10 - Share-based Compensation
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Share-based Payment Arrangement [Text Block]
Note
10
— Share-based Compensation
 
We have granted shares of Company common stock and restricted Company common stock to employees, consultants and a non-employee director under our
2017
Omnibus Incentive Plan (the
“2017
Plan”) and in connection with our special meeting of stockholders held on
July 24, 2017.
 
Total share-based compensation consisted of the following (in thousands):
 
   
Three months ended
   
Nine months ended
 
   
September 30,
   
September 30,
 
   
2019
   
2018
   
2019
   
2018
 
Share-based compensation:
                               
Equity awards
  $
(4,648
)   $
2,451
    $
(11,738
)   $
13,169
 
Liability awards    
     
(1,153
)    
(20
)    
977
 
Total share-based compensation
   
(4,648
)    
1,298
     
(11,758
)    
14,146
 
Capitalized share-based compensation    
(71
)    
183
     
(780
)    
(1,415
)
Total share-based compensation expense
  $
(4,719
)   $
1,481
    $
(12,538
)   $
12,731
 
 
On
January 1, 2019,
we adopted Accounting Standards Update (“ASU”)
2018
-
07,
Compensation-Stock Compensation
(“ASU
2018
-
07”
).  This standard simplifies aspects of share-based compensation issued to non-employees by making the guidance consistent with accounting for employee share-based compensation.  Upon adoption of this standard, we reclassified
$2.1
million from Share-based compensation liability to Additional paid-in-capital in our Consolidated Balance Sheets.
  
Certain employee contracts provided for cash bonuses upon a positive FID in the Project (the “FID Bonus”).  In
January 2018,
the compensation committee, formerly the nominating, corporate governance and compensation committee, of the board of directors approved, and certain employees party to such contracts accepted, an amendment to such contracts whereby the FID Bonuses would be settled in shares of Company common stock equal to
110%
of the FID Bonus.  The associated liability for FID Bonuses to be settled in shares of Company common stock of
$0.2
million and
$0.4
million is included in Share-based compensation liability in our Consolidated Balance Sheets at
September 30, 2019
and
December 31, 2018
, respectively.