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Equity-Based Compensation
3 Months Ended
Mar. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Equity-Based Compensation

Note 9.  Equity‑Based Compensation

Equity‑based award activity for the three months ended March 31, 2020 is as follows:

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

Award Date

 

 

 

Number of Shares

 

 

Fair Value

 

Outstanding and unvested shares at December 31, 2019

 

 

136,060

 

 

$

21.95

 

Granted

 

 

175,888

 

 

 

10.71

 

Vested

 

 

(55,393

)

 

 

21.73

 

Outstanding and unvested shares at March 31, 2020

 

 

256,555

 

 

$

14.29

 

As of March 31, 2020, $3.1 million of compensation cost related to unvested restricted shares awarded under our long-term incentive plan remains to be recognized over an expected weighted‑average period of 2.3 years.