STOCK-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Shares and the Changes During the Year

The Company has granted awards of restricted shares of Common Stock to each of the independent members of the Board of Directors under the Equity Incentive Plan as follows:

		Weighted
	Number	Average Grant
	of	Date Fair Value
	Shares (1)	Per Share (1)
Balance, December 31, 2021	20,332	$	10.82
Granted	30,984	$	7.10
Vested	(20,332)	$	10.82
Balance, December 31, 2022	30,984	$	7.10
Granted	48,888	$	4.50
Vested	(30,984)	$	7.10
Balance, December 31, 2023	48,888	$	4.50

(1)Amounts have been adjusted to give retroactive effect to the Reverse Stock Split.