XML 48 R23.htm IDEA: XBRL DOCUMENT v3.19.3
Stock Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Summary of restricted stock awards A summary of our restricted stock awards from January 1, 2019 to September 30, 2019 is as follows:
 
Number of
Shares
 
Weighted-
Average Grant
Date Fair
Value
Unvested balance at January 1, 2019
641,844

 
$
10.25

Granted
73,240

 
10.65

Vested
(300,575
)
 
10.07

Forfeited
(21,534
)
 
10.37

Unvested balance at September 30, 2019
392,975

 
$
10.46


Schedule of nonvested performance-based units activity
A summary of our PSUs from January 1, 2019 to September 30, 2019 is as follows:
 
Number of
Target Units
 
Weighted-
Average Grant
Date Fair
Value
Unvested balance at January 1, 2019
781,923

 
$
11.19

Granted
296,050

 
10.14

Additional units from dividends
30,778

 
10.02

Vested (1)
(251,375
)
 
8.80

Forfeited
(70,728
)
 
9.93

Unvested balance at September 30, 2019
786,648

 
$
11.18


______________________
(1)
The number of shares of common stock earned for the PSUs vested in 2019 was equal to 74.33% of the PSU Target Award.

Summary of LTIP units
A summary of our LTIP units from January 1, 2019 to September 30, 2019 is as follows:

 
Number of Units
 
Weighted-
Average Grant
Date Fair
Value
Unvested balance at January 1, 2019

 
$

Granted
281,925

 
10.65

Forfeited
(37,559
)
 
10.65

Unvested balance at September 30, 2019
244,366

 
$
10.65