XML 113 R47.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Share-based compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule of share-based compensation expense | The following table provides the total share-based compensation expense included in general and administrative expenses during the years ended December 31, 2019, 2018 and 2017:
| 2019 |  | 2018 |  | 2017
Management and director options | $ | — |  |  | $ | 275 |  |  | $ | 648 |
Restricted shares with service condition(1) | 1,927 |  |  | 611 |  |  | (331 | )
Restricted shares with service and performance condition | 5,134 |  |  | 4,070 |  |  | 3,282 |
| $ | 7,061 |  |  | $ | 4,956 |  |  | $ | 3,599 |
(1) Net of forfeitures of $nil in the year ended December 31, 2019 (December 31, 2018 - $nil and December 31, 2017 - $0.9 million)
Schedule of management and director options activity | The management and director options activity for the years ended December 31, 2019, 2018 and 2017 were as follows:
| Number of options |  | Weighted average exercise price
Balance as of January 1, 2017 | 9,596,993 |  |  | $ | 13.64 |
Forfeited | (558,138 | ) |  | 18.00 |
Exercised | (150,802 | ) |  | 10.00 |
Balance as of January 1, 2018 | 8,888,053 |  |  | 13.43 |
Forfeited | — |  |  | — |
Exercised | — |  |  | — |
Balance as of January 1, 2019 | 8,888,053 |  |  | 13.43 |
Forfeited | (393,717 | ) |  | 14.73 |
Exercised | (187,678 | ) |  | 10.00 |
Balance as of December 31, 2019 | 8,306,658 |  |  | $ | 13.45 |
Schedule of management and director options outstanding | The following table summarizes information about the Company’s management and director share options outstanding as of December 31, 2019:
| Options outstanding |  | Options exercisable
Range of exercise prices | Number of options |  | Weighted average exercise price |  | Remaining contractual life |  | Number of options |  | Weighted average exercise price
$10.00 - $10.89 | 4,774,694 |  |  | $ | 10.04 |  |  | 2.1 years |  | 4,774,694 |  |  | $ | 10.04 |
$15.05 - $16.89 | 1,800,866 |  |  | $ | 15.92 |  |  | 2.3 years |  | 1,800,866 |  |  | $ | 15.92 |
$20.00 - $25.05 | 1,731,098 |  |  | $ | 20.28 |  |  | 2.2 years |  | 1,731,098 |  |  | $ | 20.28 |
| 8,306,658 |  |  | $ | 13.45 |  |  | 2.2 years |  | 8,306,658 |  |  | $ | 13.45 |
Schedule of restricted share award activity | Restricted share award activity for the restricted shares with only a service condition for the years ended December 31, 2019, 2018 and 2017 was as follows:
| Number of non- vested restricted shares |  | Weighted average grant date fair value
Balance as of January 1, 2017 | 301,043 |  |  | $ | 11.12 |
Granted | 36,418 |  |  | 12.15 |
Forfeited | (71,429 | ) |  | 14.00 |
Vested | (247,823 | ) |  | 10.36 |
Balance as of January 1, 2018 | 18,209 |  |  | 12.15 |
Granted | 50,644 |  |  | 13.45 |
Vested | (44,788 | ) |  | 12.97 |
Balance as of January 1, 2019 | 24,065 |  |  | 13.35 |
Granted | 403,360 |  |  | 11.10 |
Forfeited | (36,907 | ) |  | 11.31 |
Vested | (49,751 | ) |  | 12.40 |
Balance as of December 31, 2019 | 340,767 |  |  | $ | 11.83 |
Schedule of restricted shares with a service and performance condition activity | Restricted share award activity for the restricted shares with a service and performance condition for the years ended December 31, 2019, 2018 and 2017 was as follows:
| Number of non- vested restricted shares |  | Number of non- vested restricted shares probable of vesting |  | Weighted average grant date fair value
Balance as of January 1, 2017 | 1,381,740 |  |  | 577,486 |  |  | $ | 12.91 |
Granted | 935,825 |  |  | 623,882 |  |  | 12.66 |
Forfeited | (325,568 | ) |  | (45,617 | ) |  | 12.57 |
Vested | (136,618 | ) |  | (136,618 | ) |  | 14.60 |
Change in estimated restricted shares considered probable of vesting | n/a |  |  | (131,930 | ) |  | 12.17 |
Balance as of January 1, 2018 | 1,855,379 |  |  | 887,203 |  |  | 12.60 |
Granted | 556,403 |  |  | 370,931 |  |  | 14.01 |
Forfeited | (294,977 | ) |  | (4,102 | ) |  | 13.98 |
Vested | (115,757 | ) |  | (115,757 | ) |  | 14.00 |
Change in estimated restricted shares considered probable of vesting | n/a |  |  | 46,945 |  |  | 13.35 |
Balance as of January 1, 2019 | 2,001,048 |  |  | 1,185,220 |  |  | 12.80 |
Granted | 862,176 |  |  | 574,784 |  |  | 10.95 |
Forfeited | (823,977 | ) |  | (290,552 | ) |  | 11.70 |
Vested | (148,718 | ) |  | (148,718 | ) |  | 11.40 |
Change in estimated restricted shares considered probable of vesting | n/a |  |  | (6,698 | ) |  | 12.92 |
Balance as of December 31, 2019 | 1,890,529 |  |  | 1,314,036 |  |  | $ | 12.43 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + 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 (h)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + 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 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=109197908&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=109197908&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=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares. + 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 (c) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration