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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2022
Share-based Payment Arrangement [Abstract]  
Schedule of grants of share-based awards During the nine-month period ended September 30, 2022, the following grants of share-based awards were made under the 2005 Incentive Plan:

Grant Date

Fair Value

Date of Grant

    

Award Type

    

Shares/Units

    

Per Share/Unit

    

Vesting Period

January 1, 2022 (1)

 

RSU

 

1,065,705

$

3.12

 

33% per year over three years

January 4, 2022 (1)

 

PSU

 

1,065,705

$

4.25

 

100% on January 4, 2025

January 4, 2022 (2)

 

Restricted stock

 

15,775

$

3.12

 

100% on January 1, 2024

April 1, 2022 (2)

 

Restricted stock

 

14,710

$

4.78

 

100% on January 1, 2024

July 1, 2022 (2)

 

Restricted stock

 

14,867

$

3.10

 

100% on January 1, 2024

September 22, 2022 (3)

 

Restricted stock

 

19,328

$

4.38

 

100% on September 22, 2023

(1)Reflects grants to our executive officers.
(2)Reflects grants to certain independent members of our Board of Directors (our “Board”) who have elected to take their quarterly fees in stock in lieu of cash, of which 8,013 shares granted on January 4, 2022 and 5,230 shares granted on April 1, 2022 vested upon the approval of our Board’s Compensation Committee in connection with the departure of an independent director during the second quarter 2022.
(3)Reflects restricted stock grants made to two new independent members of our Board in connection with their appointment to our Board.