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Capital Stock (Tables) | 3 Months Ended
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Mar. 31, 2015
Equity [Abstract] |
Schedule of Unamortized Value of Restricted Stock | The unamortized value of $0.8 million at March 31, 2015, if all are ultimately vested, would be amortized according to the following schedule.
Amortization Schedule (in thousands) |  | March 31, 2015 Unvested $ value |
2nd quarter 2015 |  | $ | 130 |
3rd quarter 2015 |  | 130 |
4th quarter 2015 |  | 130 |
1st quarter 2016 |  | 125 |
2nd quarter 2016 |  | 92 |
3rd quarter 2016 |  | 92 |
4th quarter 2016 |  | 92 |
1st quarter 2017 |  | 57 |
Total unamortized value |  | $ | 848 |
Summary of Company's Restricted Stock Award Activity | A summary of WMIHC’s restricted stock award activity for the three months ended March 31, 2015 and year ended December 31, 2014 is presented below:
|  | Number of restricted stock awards outstanding |  |  | Weighted-average grant date fair value |  |  | Aggregate intrinsic value (in thousands) |
Outstanding—January 1, 2014 |  |  | 1,842,351 |  |  | $ | 0.6787 |  |  | $ | 1,250 |
Restricted stock awards granted during 2014 |  |  | 500,894 |  |  | 2.6602 |  |  |  | 1,332 |
Restricted stock awards released or forfeited during 2014 |  |  | — |  |  |  | — |  |  |  | — |
Outstanding—December 31, 2014 |  |  | 2,343,245 |  |  |  | 1.1023 |  |  |  | 2,582 |
Restricted stock awards granted during 2015 |  |  | — |  |  |  | — |  |  |  | — |
Restricted stock awards released or forfeited during 2015 |  |  | — |  |  |  | — |  |  |  | — |
Outstanding—March 31, 2015 |  |  | 2,343,245 |  |  | $ | 1.1023 |  |  | $ | 2,582 |
Schedule of Vesting Shares Subject to Repurchase | The shares subject to repurchase at March 31, 2015 will vest according to the following schedule:
Vesting schedule of shares subject to repurchase |  | March 31, 2015 Unvested Shares |
2nd quarter 2015 |  |  | — |
3rd quarter 2015 |  |  | — |
4th quarter 2015 |  |  | — |
1st quarter 2016 |  |  | 395,717 |
2nd quarter 2016 |  |  | — |
3rd quarter 2016 |  |  | — |
4th quarter 2016 |  |  | — |
1st quarter 2017 |  |  | 166,959 |
Total |  |  | 562,676 |
Summary of Company's Restricted Shares Issued and Subject to Repurchase | A summary of the Company’s restricted shares issued and subject to repurchase as of the three months ended March 31, 2015 and year ended December 31, 2014 is presented below:
Vesting schedule of shares subject to repurchase |  | Unvested Shares |
Shares subject to repurchase—January 1, 2014 |  |  | 1,456,987 |
Shares issued subject to vesting during 2014 |  |  | 500,894 |
Unvested shares repurchased during 2014 |  |  | — |
Shares vested during 2014 |  |  | (614,117 | )
Shares subject to repurchase—December 31, 2014 |  |  | 1,343,764 |
Shares issued subject to vesting during 2015 |  |  | — |
Unvested shares repurchased during 2015 |  |  | — |
Shares vested during 2015 |  |  | (781,088 | )
Shares subject to repurchase—March 31, 2015 |  |  | 562,676 |
On April 28, 2015, WMIHC issued 269,234 restricted stock grants to members of the Board totaling $0.7 million of aggregate intrinsic value. The share price was determined based on the closing sales price of $2.60 on the date of the award. Contingent on the reincorporation of WMIHC from Washington to Delaware as more fully described in Note 14: Subsequent Events, and as a condition of voluntarily tendering their resignations from the WMIHC Board of Directors and WMIHC accepting the resignation of Mark E. Holliday and Timothy R. Graham as Directors, all restricted shares held by Mr. Holliday and Mr. Graham issued but unvested on the date of reincorporation will be immediately vested. A total of 190,070 shares, which were previously scheduled to vest over the next three years, would vest early (“Early Vesting”). Of the Early Vesting shares 113,146 were outstanding as of March 31, 2015 and the balance were issued in conjunction with the annual meeting of shareholders on April 28, 2015 as more fully described in Note 14: Subsequent Events. This Early Vesting resulted in a one-time charge to compensation and a corresponding increase in additional paid in capital totaling $182 thousand during the three months ended March 31, 2015.

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the following for fully vested share options (or share units) and share options expected to vest at the date of the latest statement of financial position: the number, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term of options (or share units) currently exercisable (or convertible). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Schedule of stock repurchases. + References No definition available. + Details
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