STOCK-BASED COMPENSATION PLANS (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Granted Awards of Restricted Shares of Common Stock | The Company has granted awards of restricted shares of Common Stock to each of the independent members of the Board of Directors under the 2015 Equity Incentive Plan as follows:
(1) Compensation expense related to these restricted shares of Common Stock is recognized over the vesting period, and generally vests based on one year of continuous service. The Company recorded compensation expense related to these restricted shares of Common Stock in the amount of $73,000 and $55,000 for the three months ended June 30, 2026 and 2025, respectively, and $128,000 and $110,000 for the six months ended June 30, 2026 and 2025, respectively. (2) These restricted shares of Common Stock were subsequently terminated and cancelled for cash consideration during the three months ended June 30, 2026. As a result, the Company recognized accelerated compensation expense of $18,000 related to these restricted shares of Common Stock during the three months ended June 30, 2026.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||