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Share-Based Payments (Tables)
 12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Grants, Exchanges and Forfeitures of Restricted Stock and RSUs
The following table summarizes the grants, exchanges and forfeitures of restricted stock and RSUs during 2013, 2012 and 2011:
 
Type
Date
 
Restricted Stock
 
RSUs
 
Estimate Fair Value
on Grant Date
 
Initial Vesting
 
Final Vesting
Outstanding at January 1, 2011
 
 
151,828

 
118,959

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Grant
April 2011
 
9,204

 
 
 
150

 
July 2011
 
April 2014
 
Grant
April 2011
 
—

 
5,000

 
82

 
July 2011
 
April 2014
 
Grant
August 2011
 
—

 
308,750

 
4,586

 
January 2012
 
January 2014
 
Forfeiture *
December 2011
 
—

 
(30,000
)
 
n/a

 
n/a
 
n/a
 
Forfeiture*
February 2012
 
—

 
(1,875
)
 
n/a

 
n/a
 
n/a
 
Grant
March 2012
 
—

 
20,000

 
310

 
March 2013
 
March 2015
 
Grant
April 2012
 
9,584

 
—

 
150

 
July 2012
 
April 2015
 
Grant
August 2012
 
1,496

 
—

 
25

 
July 2013
 
July 2015
 
Canceled upon delivery
October 2012
 
—

 
(112,084
)
 
n/a

 
n/a
 
n/a
 
Grant
February 2013
 
20,000

 
—

 
352

 
December 2013
 
December 2015
 
Grant
February 2013
 
—

 
180,000

 
3,166

 
December 2013
 
December 2015
 
Grant
April 2013
 
11,304

 
—

 
200

 
July 2013
 
April 2016
 
Grant
May 2013
 
—

 
15,000

 
264

 
December 2013
 
December 2015
 
Forfeiture *
June 2013
 
—

 
(5,000
)
 
n/a

 
n/a
 
n/a
 
Canceled upon delivery
July 2013
 
—

 
(5,000
)
 
n/a

 
n/a
 
n/a
 
Grant
September 2013
 
—

 
10,000

 
154

 
September 2013
 
September 2013
 
Grant
November 2013
 
5,000

 
—

 
81

 
December 2013
 
October 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2013
 
 
208,416

 
503,750

 
 
 
 
 
 
*
Represents RSUs forfeited by a former employee of the Manager in connection with such employee’s resignation from the Manager.
**
Represents restricted stock forfeited by a former director of the Company in connection with such director’s resignation from the Company’s board of directors.
Below is a summary of restricted stock and RSU vesting dates as of December 31, 2013. 
Vesting Date
Shares Vesting
 
RSU Vesting
 
Total Awards
January 2014
2,920

 
93,335

 
96,255

March 2014
—

 
6,667

 
6,667

April 2014
2,925

 
417

 
3,342

July 2014
2,157

 
—

 
2,157

July 2014
500

 
—

 
500

October 2014
2,153

 
—

 
2,153

December 2014
6,668

 
63,332

 
70,000

January 2015
2,160

 
—

 
2,160

March 2015
—

 
6,667

 
6,667

April 2015
2,161

 
—

 
2,161

July 2015
1,361

 
—

 
1,361

July 2015
500

 
—

 
500

October 2015
1,361

 
—

 
1,361

December 2015
6,668

 
63,341

 
70,009

January 2016
1,360

 
—

 
1,360

April 2016
1,361

 
—

 
1,361

July 2016
417

 
—

 
417

October 2016
416

 
—

 
416

 
35,088

 
233,759

 
268,847