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STOCK BASED AND OTHER COMPENSATION PLANS (Tables) | 3 Months Ended
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Mar. 31, 2020
Share-based Payment Arrangement [Abstract] |
Stock based compensation plans summary | The following table summarizes the impact on the consolidated statement of operations of the various stock based compensation plans described in Note 14, Stock Based and Other Compensation Plans included within the Company’s Annual Report ($ in thousands):
| Three Months Ended March 31,
| 2020 |  | 2019
Stock Based Compensation Expense | $ | 14,026 |  |  | $ | 11,292 |
Phantom Equity Investment Plan | 2,138 |  |  | 802 |
Stock Options Exercised | (270 | ) |  | — |
Bonus Expense | 30 |  |  | 6,785 |
Total | $ | 15,924 |  |  | $ | 18,879 |
Summary of the grants | A summary of the grants is presented below:
| Three Months Ended March 31,
| 2020 |  | 2019
| Number of Shares/Options |  | Weighted Average Fair Value Per Share |  | Number of Shares |  | Weighted Average Fair Value Per Share
Grants - Class A Common Stock | 1,466,337 |  |  | $ | 18.72 |  |  | 1,541,001 |  |  | $ | 17.56 |
Grants - Class A Common Stock dividends | — |  |  | — |  |  | 11,113 |  |  | 16.61 |
Stock Options | — |  |  | — |  |  | 12,073 |  |  | — |
Schedule of nonvested shares activity | The table below presents the number of unvested shares and outstanding stock options at March 31, 2020 and changes during 2020 of the Class A Common stock and Stock Options of Ladder Capital Corp granted under the 2014 Omnibus Incentive Plan:
| Restricted Stock |  | Stock Options
Nonvested/Outstanding at December 31, 2019 | 1,436,683 |  |  | 994,208 |
Granted | 1,466,337 |  |  | — |
Exercised |  |  | (83,845 | )
Vested | (1,161,118 | ) |  |
Forfeited | (5,803 | ) |  | — |
Expired |  |  | — |
Nonvested/Outstanding at March 31, 2020 | 1,736,099 |  |  | 910,363 |
Exercisable at March 31, 2020 |  |  | 910,363 |

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- Definition Tabular disclosure of grants during the period and amortization to compensation expense for the grants for non-vested equity-based payment instruments, excluding stock (or unit) options that validly exist and are outstanding as of the balance sheet date. + References No definition available. + Details
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- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + 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=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested 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)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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