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EQUITY-BASED COMPENSATION (Tables) | 6 Months Ended
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Jun. 30, 2019
Schedule of equity option activity and related information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30, 2019
​ |  | ​ | ​ | ​ | ​ | ​ | Weighted-average | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted-average | ​ | Remaining Contractual | ​ | Aggregate Intrinsic
​ | ​ | Stock Options | ​ | Exercise Price | ​ | Term (Years) | ​ | Value (in thousands) (a)
Beginning balance, outstanding |  | 3,865,678 | ​ | $ | 16.00 | ​ | 4.9 | ​ | $ | 19
Granted |  | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​
Exercised | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​
Forfeited |  | (12,459) | ​ | ​ | 17.83 | ​ | ​ | ​ | ​ | ​
Expired | ​ | (27,303) | ​ | ​ | 22.21 | ​ | ​ | ​ | ​ | ​
Ending balance, outstanding |  | 3,825,916 | ​ | $ | 15.95 | ​ | 4.7 | ​ | $ | 2,516
Ending balance, exercisable | ​ | 3,373,046 | ​ | $ | 15.26 | ​ | 4.3 | ​ | $ | 2,189
Nonvested at end of period | ​ | 452,870 | ​ | $ | 21.06 | ​ | ​ | ​ | ​ | ​
(a) Aggregate intrinsic value for stock options is based on the difference between the exercise price of the stock options and the quoted closing Class A Common Stock price of $11.61 and $6.32 as of June 28, 2019 and December 31, 2018, respectively.
Schedule of percentage of stock settled incentives earned | ​
​ | ​ | ​
Stock Price at Vesting Date(1) | ​ | Percentage of Target Amount Earned
Less than $20.00 | ​ | 0%
At least $20.00, but less than $25.00 | ​ | 100%
$25.00 or greater | ​ | 200%
| (1) | The stock price at vesting date equals the greater of (i) the fair market value of a share of the Class A Common Stock on the vesting date, or (ii) the volume weighted average closing price of a share of the Class A Common Stock, as reported on the New York Stock Exchange (“NYSE”), for the 30 trading days preceding the vesting date.
Schedule of stock-settled incentive awards outstanding | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Award Value
​ | ​ | Value at Target | ​ | Being Recognized
Nonvested as of December 31, 2018 | ​ | $ | 3,147 | ​ | $ | 1,202
Granted during 2019 | ​ | ​ | — | ​ | ​ | —
Forfeited during 2019 | ​ | ​ | (210) | ​ | ​ | (80)
Nonvested as of June 30, 2019 | ​ | $ | 2,937 | ​ | $ | 1,122
summary of ESPP activity | The following table summarizes ESPP activity (in thousands, except shares):
​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30, 2019
Cash received for shares issued | ​ | $ | 56
Shares issued | ​ | ​ | 5,667
Restricted Stock |
Schedule of restricted stock activity | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30, 2019
​ | ​ | ​ | ​ | Weighted-average
​ | ​ | Restricted Stock Awards | ​ | Grant Date Fair Value
Nonvested at December 31, 2018 | ​ | 496,945 | ​ | $ | 19.02
Granted | ​ | 1,373,930 | ​ | ​ | 8.77
Vested | ​ | (255,582) | ​ | ​ | 18.80
Forfeited | ​ | (8,822) | ​ | ​ | 19.79
Nonvested at June 30, 2019 | ​ | 1,606,471 | ​ | $ | 10.28
Restricted Stock Units |
Schedule of restricted stock activity | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30, 2019
​ |  | ​ |  | Weighted-average
​ | ​ | Restricted Stock Units | ​ | Grant Date Fair Value
Nonvested at December 31, 2018 |  | 2,500 | ​ | $ | 19.00
Granted |  | — | ​ | ​ | —
Vested |  | (1,250) | ​ | ​ | 19.00
Nonvested at June 30, 2019 |  | 1,250 | ​ | $ | 19.00
Performance share units |
Schedule of percentage of target PSUs earned | ​
​ | ​ | ​
Return on Assets at Performance Period End Date | ​ | Percentage of Target PSUs Earned
Less than 9.6% | ​ | 0%
9.6% | ​ | 50%
12% | ​ | 100%
14.4% | ​ | 175%
Summary of activity related to the units outstanding | ​
​ | ​ | ​
​ | ​ | Performance Share Units
Nonvested as of December 31, 2018 | ​ | 255,364
Target shares granted | ​ | 769,741
Target shares vested | ​ | —
Target shares forfeited | ​ | (9,442)
Target shares outstanding as of June 30, 2019 | ​ | 1,015,663

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