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Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2019
Share-based Payment Arrangement [Abstract] |
Schedule of Stock Options Activity | n connection with its annual review of executive compensation and as described in the table below, the Compensation Committee of the Company's Board of Trustees approved an aggregate grant of AO LTIP Units (the “awards”) to the Company’s executive officers under the Plan.
Executive |  | Number of AO LTIP Units |  | Participation Threshold per AO LTIP Unit
John A. Kite |  | 1,490,683 |  |  | $ | 15.79 |
Thomas A. McGowan |  | 372,671 |  |  | $ | 15.79 |
Heath R. Fear |  | 253,416 |  |  | $ | 15.79 |
Scott E. Murray |  | 186,335 |  |  | $ | 15.79 |
A summary of option activity under the Plan as of December 31, 2019, and changes during the year then ended, is presented below:
($ in thousands, except share and per share data) |  | Aggregate Intrinsic Value |  | Weighted-Average Remaining Contractual Term (in years) |  | Options |  | Weighted-Average Exercise Price
Outstanding at January 1, 2019 |  |  |  |  |  | 60,567 |  |  | $ | 17.08 |
Granted |  |  |  |  |  | — |  |  | — |
Exercised |  |  |  |  |  | (33,375 | ) |  | 14.48 |
Expired |  |  |  |  |  | — |  |  | — |
Forfeited |  |  |  |  |  | (3,125 | ) |  | 17.00 |
Outstanding at December 31, 2019 |  | $ | 12 |  |  | 1.13 |  | 24,067 |  |  | $ | 20.25 |
Exercisable at December 31, 2019 |  | $ | 12 |  |  | 1.13 |  | 24,067 |  |  | $ | 20.25 |
Exercisable at December 31, 2018 |  |  |  |  |  | 60,567 |  |  | $ | 17.08 |
Schedule of Restricted Stock Activity | The following table summarizes the activity for time-based restricted unit awards for the year ended December 31, 2019:
|  | Number of Restricted Units |  | Weighted Average Grant Date Fair Value per unit
Restricted units outstanding at January 1, 2019 |  | 124,662 |  |  | $ | 17.60 |
Restricted units granted |  | 84,987 |  |  | 14.11 |
Restricted units vested |  | (45,633 | ) |  | 18.10 |
Restricted units outstanding at December 31, 2019 |  | 164,016 |  |  | $ | 15.65 |
The following table summarizes the time-based restricted unit grants and vestings during the years ended December 31, 2019, 2018, and 2017:
($ in thousands, except unit and per unit data) |  | Number of Restricted Units Granted |  | Weighted Average Grant Date Fair Value per Unit |  | Fair Value of Restricted Units Vested
2019 |  | 84,987 |  |  | $ | 14.11 |  |  | $ | 749 |
2018 |  | 92,019 |  |  | 13.16 |  |  | 1,924 |
2017 |  | 44,490 |  |  | 23.22 |  |  | 1,516 |
The following table summarizes all restricted share activity to employees and non-employee members of the Board of Trustees as of December 31, 2019 and changes during the year then ended:
|  | Number of Restricted Shares |  | Weighted Average Grant Date Fair Value per share
Restricted shares outstanding at January 1, 2019 |  | 313,288 |  |  | $ | 18.99 |
Shares granted |  | 154,440 |  |  | 15.84 |
Shares forfeited |  | (8,457 | ) |  | 17.63 |
Shares vested |  | (138,269 | ) |  | 19.74 |
Restricted shares outstanding at December 31, 2019 |  | 321,002 |  |  | $ | 17.19 |
The following table summarizes the restricted share grants and vestings during the years ended December 31, 2019, 2018, and 2017:
($ in thousands, except share and per share data) |  | Number of Restricted Shares Granted |  | Weighted Average Grant Date Fair Value per share |  | Fair Value of Restricted Shares Vested
2019 |  | 154,440 |  |  | $ | 15.84 |  |  | $ | 2,270 |
2018 |  | 202,043 |  |  | 15.35 |  |  | 2,038 |
2017 |  | 85,150 |  |  | 22.15 |  |  | 2,529 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&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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