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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Schedule of total restricted shares granted
The following is a summary of the total restricted shares granted to the Company’s executive officers and employees with the related weighted average grant date fair value share prices for the six months ended June 30, 2019:
Restricted Stock Activity:
 
Shares
 
Weighted Average Grant
Date Fair Value
Non-vested shares outstanding as of December 31, 2018
383,930

 
$
22.98

Granted
30,294

 
40.29

Forfeited
(28,656
)
 
30.26

Vested
(15,367
)
 
23.90

Non-vested shares outstanding as of June 30, 2019
370,201

 
$
23.79


Vesting schedule of the total non-vested shares of restricted stock outstanding
The following is a vesting schedule of the total non-vested shares of restricted stock outstanding as of June 30, 2019:
Non-vested Shares Vesting Schedule
 
Number of Shares
2019 (6 months)
 

2020
 
303,857

2021
 
14,600

2022
 
11,937

2023
 
35,343

Thereafter
 
4,464

Total non-vested shares
 
370,201


Schedule of certain information with respect to the Performance Share awards
The following table summarizes certain information with respect to the Performance Share awards granted on or after January 1, 2019 (dollars in thousands):
Performance Share Period
Fair Value on Date of Grant
 
Expense for the Three Months Ended June 30,
 
Expense for the Six Months Ended June 30,
2019
 
2018
2019
 
2018
January 1, 2019 - December 31, 2021
$
4,829

 
$
403

 
$

 
$
805

 
$


The following table summarizes certain information with respect to the Performance Share awards granted prior to January 1, 2019 (dollars in thousands):
Performance Share Period
Fair Value
June 30, 2019
 
Accrual
June 30, 2019
 
Expense for the Three Months Ended June 30,
 
Expense for the Six Months Ended June 30,
2019
 
2018
2019
 
2018
January 1, 2018 - December 31, 2020
$
6,065

 
$
3,021

 
$
1,295

 
$
279

 
1,886

 
523

January 1, 2017 - December 31, 2019
7,161

 
5,958

 
1,097

 
509

 
1,884

 
1,109

January 1, 2016 - December 31, 2018

 

 

 
579

 

 
1,393

Total
$
13,226

 
$
8,979

 
$
2,392

 
$
1,367

 
$
3,770

 
$
3,025


Schedule of cash dividends paid or payable per share
The following table sets forth the cash dividends paid or payable per share during the six months ended June 30, 2019:
For the Three Months Ended
Security
 
Dividend per
Share
 
Declaration Date
 
Record Date
 
Date Paid
March 31, 2019
Common stock
 
$
0.24

 
February 5, 2019
 
March 29, 2019
 
April 12, 2019
June 30, 2019
Common stock
 
$
0.24

 
April 30, 2019
 
July 5, 2019
 
July 19, 2019