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)
9 Months Ended
Sep. 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

 

704,949

 

4.71

Vested

 

 

Forfeited

 

(43,132)

 

4.55

Nonvested, September 30, 2021

 

1,425,505

4.61

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

    

Restricted

Shares

2021

 

731,095

2022

 

231,470

2023

231,470

2024

231,470

Total

 

1,425,505

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

 

391,189

 

5.57

Vested

 

 

Forfeited

 

(4,890)

 

5.57

Nonvested, September 30, 2021

 

386,299

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, September 30, 2021

 

70,226

3.67

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

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2021

    

2020

    

2021

    

2020

Restricted stock units

$

587

$

927

$

1,263

$

2,854

Performance share units

207

207

Restricted Shares

 

64

 

148

 

309

 

288

Total

$

858

$

1,075

$

1,779

$

3,142

Schedule of Incentive Compensation Expense [Table Text Block]

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2021

    

2020

    

2021

    

2020

Share-based compensation included in:

  

  

  

  

General and administrative expenses

$

858

$

1,075

$

1,779

$

3,142

Cash-based incentive compensation included in:

 

  

 

  

 

  

 

  

Lease operating expense (1)

 

1,119

 

 

2,774

 

849

General and administrative expenses (1)

 

2,809

 

154

 

8,167

 

3,944

Total charged to operating (loss) income

$

4,786

$

1,229

$

12,720

$

7,935

(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]

Expected term for performance period (in years)

0.3

Expected volatility

76.0

%

Risk-free interest rate

0.3

%

Expected term for cash payment (in years)

2.0

Discount rate used to discount expected cash payment

12.9

%