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Incentive Share Plan (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Share-Based Incentive Plan Activity
A summary of the share-based incentive plan activity as of and for the nine months ended September 30, 2020 is as follows:
SharesWeighted Average
Grant Date
Fair Value
Non-vested at January 1, 20202,339,932 $11.52 
Granted1,075,000 5.69 
Vested(478,607)11.07 
Forfeited(32,479)10.80 
Non-vested at September 30, 20202,903,846 9.45 
Available for grant at September 30, 2020409,344 
Schedule of Nonvested and Vested Shares Activity
A summary of our non-vested and vested shares activity for the nine months ended September 30, 2020 and years ended December 31, 2019 and 2018 is presented below:
Shares GrantedShares Vested
Non-Vested Shares IssuedWeighted Average Grant-Date Fair ValueVested SharesTotal Vest-Date Fair Value
(in thousands)
Nine Months Ended September 30, 20201,075,000 $5.69 (478,607)$5,297 
Year Ended December 31, 2019762,630 $9.46 (284,964)$3,352 
Year Ended December 31, 2018653,472 $11.07 (560,126)$7,978