Share-based Awards and Cash-based Awards (Tables)
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12 Months Ended |
Dec. 31, 2021 |
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| Notes Tables |
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| Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block] |
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2021 |
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2020 |
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2019 |
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Weighted |
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Weighted |
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Weighted |
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Average |
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Average |
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Average |
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Restricted |
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Grant Date Fair |
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Restricted |
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Grant Date Fair |
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Restricted |
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Grant Date Fair |
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Stock Units |
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Value Per Unit |
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Stock Units |
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Value Per Unit |
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Stock Units |
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Value Per Unit |
Nonvested, beginning of period |
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763,688 |
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$ |
4.51 |
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1,614,722 |
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$ |
5.73 |
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3,355,917 |
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$ |
3.90 |
Granted |
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710,441 |
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|
4.71 |
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— |
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— |
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994,698 |
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|
4.51 |
Vested |
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(731,095) |
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|
4.51 |
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(787,203) |
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6.90 |
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(1,475,373) |
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2.76 |
Forfeited |
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(44,569) |
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4.50 |
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(63,831) |
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5.80 |
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(1,260,520) |
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3.37 |
Nonvested, end of period |
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698,465 |
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$ |
4.71 |
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763,688 |
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$ |
4.51 |
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1,614,722 |
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$ |
5.73 |
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| Summary Of Nonvested Restricted Stock Units, Vesting Schedule [Table Text Block] |
For the outstanding RSUs issued to the eligible employees as of December 31, 2021, vesting is expected to occur as follows (subject to forfeitures):
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Restricted |
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Shares |
2022 |
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232,822 |
2023 |
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232,822 |
2024 |
|
232,821 |
Total |
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698,465 |
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| Schedule of Nonvested Performance-based Units Activity [Table Text Block] |
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2021 |
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Weighted |
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Average |
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Performance |
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Grant Date Fair |
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Share Units |
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Value Per Unit |
Nonvested, beginning of period |
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— |
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$ |
— |
Granted |
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393,073 |
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|
5.56 |
Vested |
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— |
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— |
Forfeited |
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(196,155) |
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|
5.57 |
Nonvested, end of period |
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196,918 |
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5.55 |
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| Share-based Payment Arrangement, Nonemployee Director Award Plan, Activity [Table Text Block] |
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2021 |
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2020 |
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2019 |
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Weighted |
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Weighted |
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Weighted |
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Average |
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Average |
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Average |
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Grant Date |
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Grant Date |
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Grant Date |
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Restricted |
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Fair Value |
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Restricted |
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Fair Value |
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Restricted |
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Fair Value |
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Shares |
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Per Share |
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Shares |
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Per Share |
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Shares |
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Per Share |
Nonvested, beginning of period |
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154,128 |
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$ |
3.64 |
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123,180 |
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$ |
4.55 |
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181,832 |
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$ |
3.08 |
Granted |
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62,502 |
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3.36 |
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109,376 |
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2.56 |
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46,360 |
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6.04 |
Vested |
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(146,404) |
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3.51 |
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(78,428) |
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2.38 |
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(105,012) |
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|
2.67 |
Nonvested, end of period |
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70,226 |
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$ |
3.65 |
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154,128 |
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$ |
3.64 |
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123,180 |
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$ |
4.55 |
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| Share-based Payment Arrangement, Cost by Plan [Table Text Block] |
A summary of compensation expense under share-based payment arrangements is as follows (in thousands):
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Year Ended December 31, |
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2021 |
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2020 |
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2019 |
Restricted stock units |
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$ |
2,579 |
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$ |
3,555 |
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$ |
3,410 |
Performance share units |
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|
412 |
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— |
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— |
Restricted Shares |
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|
373 |
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|
404 |
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|
280 |
Total |
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$ |
3,364 |
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$ |
3,959 |
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$ |
3,690 |
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| Schedule of Incentive Compensation Expense [Table Text Block] |
A summary of compensation expense related to share-based awards and cash-based awards is as follows (in thousands):
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Year Ended December 31, |
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2021 |
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2020 |
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2019 |
Share-based compensation included in: |
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General and administrative expenses |
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$ |
3,364 |
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$ |
3,959 |
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$ |
3,690 |
Cash-based incentive compensation included in: |
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Lease operating expense (1) |
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3,500 |
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|
849 |
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2,206 |
General and administrative expenses (1) |
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10,086 |
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4,019 |
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|
8,897 |
Total charged to operating (loss) income |
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$ |
16,950 |
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$ |
8,827 |
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$ |
14,793 |
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(1) |
Includes adjustments of accruals to actual payments. |
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| Performance Share Units [Member] |
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| Notes Tables |
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| Schedule of Share-based Payment Award, Equity Instrument Other Than Options, Valuation Assumptions [Table Text Block] |
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2021 Grant Date |
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June 28 |
Remaining term for performance period (in years) |
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0.5 |
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Expected volatility |
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67.9 |
% |
Risk-free interest rate |
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0.1 |
% |
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| Long-term Cash-Based Incentive Compensation [Member] |
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| Notes Tables |
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| Schedule of Share-based Payment Award, Equity Instrument Other Than Options, Valuation Assumptions [Table Text Block] |
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Estimated performance achievement |
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50.8 |
% |
Risk-free interest rate |
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0.7 |
% |
Expected term for cash payment (in years) |
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1.8 |
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Discount rate used to discount expected cash payment |
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12.5 |
% |
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