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EQUITY-BASED INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2023
Retirement Benefits [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following table summarizes stock option activity for the Plans:
OptionsWeighted Average Exercise PriceAggregate Intrinsic ValueWeighted
Average
Remaining Contractual Life
(In thousands)
Outstanding at December 31, 2021555,417 $5.61 $71 7.3 years
Granted1,155,000 $3.61 $— 
Exercised— $— $— 
Forfeited/Expired(400,000)$4.17 $148 
Outstanding at December 31, 20221,310,417 $4.29 $535 8.0 years
Granted243,319 $4.27 $— 
Exercised(67,500)$3.48 $57 
Forfeited/Expired(378,049)$4.76 $72 
Outstanding at December 31, 20231,108,187 $4.18 $187 7.9 years
Exercisable at December 31, 2023309,999 $4.67 $51 6.4 years
Vested and expected to vest at December 31, 20231,108,187 $4.18 $187 7.9 years
Unrecognized stock-based compensation expense at December 31, 2023 (in thousands)$771 
Weighted average remaining vesting period at December 31, 20231.9 years
Schedule of Nonvested Restricted Stock Units Activity
The following table summarizes nonvested restricted stock activity for the Plans:
RSAsRSUsPSUs
SharesWeighted
Average Grant
Date Fair Value
UnitsWeighted
Average Grant
Date Fair Value
UnitsWeighted
Average Grant
Date Fair Value
Nonvested at December 31, 2021517,569 $4.74 1,014,166 $3.73 — $— 
Granted296,000 $3.62 709,804 $3.73 — $— 
Vested(309,567)$4.57 (646,668)$2.65 — $— 
Forfeited(98,001)$4.87 (235,000)$4.21 — $— 
Nonvested at December 31, 2022406,001 $4.02 842,302 $4.42 — $— 
Granted— $— 1,116,875 $4.34 1,981,464 $4.61 
Vested(178,169)$4.10 (327,684)$4.62 — $— 
Forfeited(34,167)$4.38 (223,002)$4.38 — $— 
Nonvested at December 31, 2023193,665 $3.87 1,408,491 $4.31 1,981,464 $4.61 
Unrecognized stock-based compensation expense at December 31, 2023 (in thousands)$392 $4,095 $— 
Weighted average remaining vesting period at December 31, 20231.1 years2.0 yearszero years
Share-based Payment Arrangement, Cost by Plan
Compensation expense for share-based awards recognized in general and administrative expenses was comprised of the following:
Years Ended
December 31,
20232022
(In thousands)
Options$401 $488 
RSAs618 1,360 
RSUs2,278 1,972 
Total compensation expense for share-based awards$3,297 $3,820