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Share-based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2017
East MIP | Class A-2 profits interests and Class B interests |
Schedule of weighted-average assumptions used in estimating the grant date fair values |
|  | 2017 |  | 2016 |
Expected life (in years) |  | 2.7 |  | 0.5 |
Weighted average risk free interest rate |  | 0.72 | % | 0.12 | %
Expected stock price volatility |  | 47 | % | 25 | %
Expected dividend yield |  | — |  | — |
Non-qualified stock options |
Schedule of activity |
|  | Options Outstanding |  | Options Exercisable |
|  |  |  | Weighted Average |  | Weighted Average |  |  |  | Weighted Average |
|  | Number of |  | Exercise Price |  | Remaining |  | Number of |  | Exercise Price |
|  | Options |  | Per Share |  | Contractual Life |  | Options |  | Per Share |
At December 31, 2015 |  | 8,994,000 |  | $ | 19.00 |  |  | 9.29 |  | — |  | $ | — |
Granted |  | — |  |  | — |  |  | — |  | — |  |  | — |
Exercised |  | — |  |  | — |  |  | — |  | — |  |  | — |
Forfeited or expired |  | (625,000) |  |  | — |  |  | — |  | — |  |  | — |
At March 31, 2016 |  | 8,369,000 |  | $ | 19.00 |  |  | 9.05 |  | — |  | $ | — |
At December 31, 2016 |  | 8,234,000 |  | $ | 19.00 |  |  | 8.29 |  | 2,058,500 |  | $ | 19.00 |
Granted |  | — |  |  | — |  |  | — |  | — |  |  | — |
Exercised |  | — |  |  | — |  |  | — |  | — |  |  | — |
Forfeited or expired |  | (195,000) |  |  | — |  |  | — |  | — |  |  | — |
At March 31, 2017 |  | 8,039,000 |  | $ | 19.00 |  |  | 8.05 |  | 2,009,750 |  | $ | 19.00 |
Schedule of weighted-average assumptions used in estimating the grant date fair values |
|  | 2017 |
Expected life (in years) |  |  | 6.25 |
Weighted average risk free interest rate |  |  | 1.52 | %
Expected stock price volatility |  |  | 30 | %
Expected dividend yield |  |  | 5.05 | %
Weighted average fair value at grant date |  | $ | 3.02 |
Restricted stock units |
Schedule of activity related to restricted stock units |
|  |  |  | Weighted
|  | Number of |  | Average Fair
|  | Shares |  | Value
At December 31, 2015 |  | 984,466 |  | $ | 22.32
Granted |  | — |  |  | —
Forfeited |  | (115,869) |  |  | 22.51
Vested |  | — |  |  | —
At March 31, 2016 |  | 868,597 |  | $ | 22.30
At December 31, 2016 |  | 1,573,441 |  | $ | 18.28
Granted |  | — |  |  | —
Forfeited |  | (95,481) |  |  | 18.38
Vested |  | — |  |  | —
At March 31, 2017 |  | 1,477,960 |  | $ | 18.28

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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired 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 significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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