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]

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Restricted Stock Units

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​

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Weighted

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​

    

Average

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​

​

​

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

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​

4.61

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

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Restricted

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​

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]

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Performance Share Units

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Weighted

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Average

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​

​

​

Grant Date Fair

​

​

Units

​

Value Per Unit

Nonvested, December 31, 2020

​

—

​

$

—

Granted

 

388,908

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5.57

Vested

 

—

​

 

—

Forfeited

 

—

​

 

—

Nonvested, June 30, 2021

 

388,908

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​

5.57

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

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Restricted Shares

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Weighted

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Average

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​

​

​

Grant Date Fair

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​

Units

​

Value Per Unit

Nonvested, December 31, 2020

​

154,128

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$

3.64

Granted

 

62,502

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3.36

Vested

 

(146,404)

​

 

3.51

Nonvested, June 30, 2021

 

70,226

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​

3.67

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

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Three Months Ended June 30, 

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Six Months Ended June 30, 

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2021

    

2020

    

2021

    

2020

Share-based compensation expense from:

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​

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​

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Restricted stock units

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$

339

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$

949

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$

676

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$

1,927

Restricted Shares

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128

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70

​

 

245

​

 

140

Total

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$

467

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$

1,019

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$

921

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$

2,067

Schedule of Incentive Compensation Expense [Table Text Block]

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Three Months Ended June 30, 

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Six Months Ended June 30, 

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2021

    

2020

    

2021

    

2020

Share-based compensation included in:

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General and administrative expenses

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$

467

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$

1,019

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$

921

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$

2,067

Cash-based incentive compensation included in:

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Lease operating expense (1)

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816

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—

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1,655

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849

General and administrative expenses (1)

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2,676

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159

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5,359

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3,790

Total charged to operating (loss) income

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$

3,959

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$

1,178

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$

7,935

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$

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]

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2021 Grant Date

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June 28

Expected 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

​

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]

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2021 Grant Date

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June 28

Expected 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

%

Expected term for cash payment (in years)

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2.3

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Discount rate used to discount expected cash payment

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12.1

%