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Share and Incentive-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Unvested Restricted Stock Awards The following table presents a summary of the Company’s unvested restricted stock awards:
Number of
Shares
Weighted Average Grant Date Fair Value
(In thousands)
Unvested restricted shares outstanding at December 31, 20171,105 $22.62 
Granted5 $15.15 
Vested(1,049)$22.71 
Forfeited / Canceled(36)$22.11 
Unvested restricted shares outstanding at June 30, 201825 $18.34 
Schedule of Nonvested Performance-based Units Activity The following table presents a summary of the Company’s performance share units:
Number of
Units
Fair Value per Unit at June 30, 2018
(In thousands)
Unvested performance share units outstanding at December 31, 2017183 
Granted— 
Vested(177)
Forfeited / Canceled(6)
Unvested performance share units outstanding at June 30, 2018— $— 
Schedule of Nonvested Incentive Performance Unit Activity The following table presents a summary of the Company’s performance units:
Number of
Units
Fair Value per Unit at June 30, 2018
(In thousands)
Unvested performance units outstanding at December 31, 201749 
Granted— 
Vested(48)
Forfeited / Canceled(1)
Unvested performance units outstanding at June 30, 2018— $— 
Schedule of Employee Service Compensation Expense
The following tables summarize share and incentive-based compensation for the three and six-month periods ended June 30, 2018, and 2017 (in thousands):

Recurring Compensation Expense(1) Executive Terminations(2)(3) Reduction in Force(2)(3) Change in Control(4) Total 
Three Months Ended June 30, 2018
Equity-classified awards:
Restricted stock awards$603 $— $92 $5,181 $5,876 
Performance share units31 82 7 610 730 
Total share-based compensation expense 634 82 99 5,791 6,606 
Liability-classified awards:
Performance units227 (216)(31)1,309 1,289 
Total share and incentive-based compensation expense 861 (134)68 7,100 7,895 
Less: Capitalized compensation expense(124)— — (555)(679)
Share and incentive-based compensation expense, net $737 $(134)$68 $6,545 $7,216 
Three Months Ended June 30, 2017
Equity-classified awards:
Restricted stock awards$4,986 $1,825 $— $— $6,811 
Performance share units411 — — — 411 
Total share-based compensation expense 5,397 1,825 — — 7,222 
Liability-classified awards:
Performance units972 — — — 972 
Total share and incentive-based compensation expense 6,369 1,825 — — 8,194 
Less: Capitalized compensation expense(967)— — — (967)
Share and incentive-based compensation expense, net $5,402 $1,825 $— $— $7,227 
____________________

1. Recorded in general and administrative expense in the accompanying consolidated statements of operations.
2. Recorded in employee termination benefits in the accompanying consolidated statements of operations.
3. Three-month period ended June 30, 2018, includes adjustment to first quarter 2018 accrued share and incentive-based compensation to reflect actuals paid.
4. Recorded in accelerated vesting upon change in control in the accompanying consolidated statements of operations.

The Board is re-examining the compensation practices of the Company.
Recurring Compensation Expense(1) Executive Terminations(2)(3) Reduction in Force(2)(3) Change in Control(4) Total 
Six Months Ended June 30, 2018
Equity-classified awards:
Restricted stock awards$3,379 $8,140 $3,777 $5,181 $20,477 
Performance share units359 1,056 158 610 2,183 
Total share-based compensation expense 3,738 9,196 3,935 5,791 22,660 
Liability-classified awards:
Performance units776 2,151 558 1,309 4,794 
Total share and incentive-based compensation expense 4,514 11,347 4,493 7,100 27,454 
Less: Capitalized compensation expense(334)— — (555)(889)
Share and incentive-based compensation expense, net $4,180 $11,347 $4,493 $6,545 $26,565 
Six Months Ended June 30, 2017
Equity-classified awards:
Restricted stock awards$8,615 $1,825 $— $— $10,440 
Performance share units610 — — — 610 
Total share-based compensation expense 9,225 1,825 — — 11,050 
Liability-classified awards:
Performance units1,562 — — — 1,562 
Total share and incentive-based compensation expense 10,787 1,825 — — 12,612 
Less: Capitalized compensation expense(1,629)— — — (1,629)
Share and incentive-based compensation expense, net $9,158 $1,825 $— $— $10,983 
____________________
1. Recorded in general and administrative expense in the accompanying consolidated statements of operations.
2. Recorded in employee termination benefits in the accompanying consolidated statements of operations.
3. Six-month period ended June 30, 2018, includes adjustment to first quarter 2018 accrued share and incentive-based compensation to reflect actuals paid.
4. Recorded in accelerated vesting upon change in control in the accompanying consolidated statements of operations.