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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Stock Options Activity
A summary of the stock options outstanding under the 2010 Plan for the nine months ended September 30, 2024 is as follows:

($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 202460,000 $8.00 $177 
Options granted— — 
Options exercised(60,000)8.00 
Options forfeited— — 
Options expired— — 
Outstanding, as of September 30, 2024— $— $— 
Fully vested and expected to vest— $— $— 
Vested— $— $— 
Schedule of Information Related to Stock Option Plan
Information related to stock options exercised under the 2010 Plan for the periods indicated follows:

Three Months Ended September 30,Nine Months Ended September 30,
($ in thousands)2024202320242023
Intrinsic value of options exercised$— $— $144 $186 
Cash received from option exercises— — 160 720 
Tax provision realized from option exercised— — 24 (3)
Schedule of Changes in Non-vested Restricted Stock Awards
A summary of the changes in the Company's non-vested restricted stock awards under the 2010 Plan for the nine months ended September 30, 2024 is as follows:

($ in thousands, except share data)Shares IssuedWeighted Average Grant Date Fair ValueAggregate
Intrinsic
Value
Non-vested, as of January 1, 202410,000 $9.69 $110 
Awards granted— — 
Awards vested— — 
Awards forfeited— — 
Non-vested, as of September 30, 202410,000 $9.69 $125 
A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the nine months ended September 30, 2024 is as follows:

($ in thousands, except share data)
Shares
Issued
Weighted
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value
Non-vested, as of January 1, 2024278,851 $11.45 $3,053 
Awards granted45,711 9.61 
Awards vested(74,429)9.59 
Awards forfeited(3,000)12.90 
Non-vested, as of September 30, 2024247,133 $11.66 $3,084 
Schedule of Share Based Compensation Arrangement Information Related to Plan
Information related to vested restricted stock under the 2010 Plan for the periods indicated follows:

Three Months Ended September 30,Nine Months Ended September 30,
($ in thousands)2024202320242023
Tax benefit (provision) realized from awards vested$— $$— $
Information related to vested restricted stock awards under the 2021 Plan for the periods indicated follows:

Three Months Ended September 30,Nine Months Ended September 30,
($ in thousands)2024202320242023
Tax provision realized from awards vested$— $— $(3)$(34)