Quarterly report pursuant to Section 13 or 15(d)

Share-based Awards and Cash-based Awards (Tables)

v3.21.2
Share-based Awards and Cash-based Awards (Tables)
6 Months Ended
Jun. 30, 2021
Notes Tables  
Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block]

Restricted Stock Units

Weighted

    

    

Average

Grant Date Fair

Units

Value Per Unit

Nonvested, December 31, 2020

763,688

$

4.51

Granted

 

698,301

 

4.72

Vested

 

 

Forfeited

 

(19,880)

 

4.51

Nonvested, June 30, 2021

 

1,442,109

4.61

Summary Of Nonvested Restricted Stock Units, Vesting Schedule [Table Text Block]

    

Restricted

Shares

2021

 

743,808

2022

 

232,767

2023

232,767

2024

232,767

Total

 

1,442,109

Schedule of Nonvested Performance-based Units Activity [Table Text Block]

Performance Share Units

Weighted

    

    

Average

Grant Date Fair

Units

Value Per Unit

Nonvested, December 31, 2020

$

Granted

 

388,908

 

5.57

Vested

 

 

Forfeited

 

 

Nonvested, June 30, 2021

 

388,908

5.57

Share-based Payment Arrangement, Nonemployee Director Award Plan, Activity [Table Text Block]

Restricted Shares

Weighted

    

    

Average

Grant Date Fair

Units

Value Per Unit

Nonvested, December 31, 2020

154,128

$

3.64

Granted

 

62,502

 

3.36

Vested

 

(146,404)

 

3.51

Nonvested, June 30, 2021

 

70,226

3.67

Share-based Payment Arrangement, Cost by Plan [Table Text Block]

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2021

    

2020

    

2021

    

2020

Share-based compensation expense from:

  

  

  

  

Restricted stock units

$

339

$

949

$

676

$

1,927

Restricted Shares

 

128

 

70

 

245

 

140

Total

$

467

$

1,019

$

921

$

2,067

Schedule of Incentive Compensation Expense [Table Text Block]

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2021

    

2020

    

2021

    

2020

Share-based compensation included in:

  

  

  

  

General and administrative expenses

$

467

$

1,019

$

921

$

2,067

Cash-based incentive compensation included in:

 

  

 

  

 

  

 

  

Lease operating expense (1)

 

816

 

 

1,655

 

849

General and administrative expenses (1)

 

2,676

 

159

 

5,359

 

3,790

Total charged to operating (loss) income

$

3,959

$

1,178

$

7,935

$

6,706

(1) Includes adjustments of accruals to actual payments.
Performance Share Units [Member]  
Notes Tables  
Schedule of Share-based Payment Award, Equity Instrument Other Than Options, Valuation Assumptions [Table Text Block]

2021 Grant Date

June 28

Expected term for performance period (in years)

0.5

Expected volatility

67.9

%

Risk-free interest rate

0.1

%

Long Term Cash Based Awards [Member]  
Notes Tables  
Schedule of Share-based Payment Award, Equity Instrument Other Than Options, Valuation Assumptions [Table Text Block]

2021 Grant Date

June 28

Expected term for performance period (in years)

0.5

Expected volatility

67.9

%

Risk-free interest rate

0.1

%

Expected term for cash payment (in years)

2.3

Discount rate used to discount expected cash payment

12.1

%