XML 86 R72.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity Incentive Plan - Additional Information (Details)
$ / shares in Units, $ in Millions
1 Months Ended 7 Months Ended 12 Months Ended
Jan. 16, 2018
shares
Mar. 01, 2017
$ / shares
shares
Jan. 28, 2016
$ / shares
shares
Jun. 01, 2015
measurement
$ / shares
shares
Jun. 04, 2014
officer
shares
Sep. 30, 2013
officer
shares
May 17, 2013
shares
Sep. 09, 2010
shares
Apr. 21, 2010
shares
Jan. 31, 2017
shares
Jan. 31, 2016
shares
Jan. 31, 2015
shares
Dec. 31, 2017
USD ($)
officer
shares
Dec. 31, 2017
USD ($)
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Compensation expense valuation of performance-based shares (in dollars per share) | $ / shares                             $ 21.21 $ 13.17
Total unrecognized compensation cost related to LTIP Units | $                         $ 4.4 $ 4.4 $ 2.6  
Independent Trustees                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Trustee fees | $                           $ 0.1 0.1 $ 0.1
Common shares issued as compensation for services performed (in shares)                   23,980 26,488 16,542        
Independent Trustees | Subsequent Event                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Common shares issued as compensation for services performed (in shares) 21,670                              
Minimum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Trustee fees paid in shares (up to 100%) (at least 50%) (in percentage)                           50.00%    
Maximum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Trustee fees paid in shares (up to 100%) (at least 50%) (in percentage)                           100.00%    
Equity Incentive Plan                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Number of shares authorized (in shares)             3,000,000                  
Equity Incentive Plan | Minimum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period for share awards under equity             3 years                  
Equity Incentive Plan | Maximum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period for share awards under equity             5 years                  
Class A Performance LTIP Units                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Dividends, portion upon declaration (in percentage)       10.00%                        
Dividends, portion upon fully vested (in percentage)       90.00%                        
Distribution entitlement (in percentage)       10.00%                        
2010 Equity Incentive Plan                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Common shares available for issuance (in shares)                         1,871,942 1,871,942    
Number of trading days preceding the reporting date for which average of closing price of common shares is taken                           10 days    
Time-based Restricted Stock Awards                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period                           3 years    
Performance-based Restricted Stock Awards                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period                           3 years    
Restricted Stock                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Unrecognized compensation costs | $                         $ 0.1 $ 0.1 0.9  
Weighted - average period for recognition of unrecognized compensation costs                           1 year 1 month 6 days    
Compensation expense recognized | $                           $ 0.8 $ 1.3 $ 1.6
Shares granted (in shares)                           5,000 0 85,254
Shares forfeited (in shares)                           25,870 0 0
Long Term Incentive Plan Units                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period for share awards under equity               5 years                
Weighted - average period for recognition of unrecognized compensation costs                           1 year 11 months 5 days    
Compensation expense recognized | $                           $ 2.5 $ 1.2 $ 0.7
Exchange ratio                           1    
Shares granted (in shares)               26,250 246,960         223,922 112,251 183,300
Shares forfeited (in shares)               15,435                
Percent of units with full parity that have vested                         100.00% 100.00%    
Initial award vesting rights (in percentage)       50.00%                        
Annual award vesting rights after initial portion (in percentage)       25.00%                        
Termination period upon change in control       18 months                        
Period of risk free interest rate                           3 years    
LTIP units achieving full parity (in shares)         231,525 26,250                    
Number of recipients | officer         2 1                    
Long Term Incentive Plan Units | Initial Vesting Period                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period       3 years                        
Long Term Incentive Plan Units | 1st Anniversary After Initial Period                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period       1 year                        
Long Term Incentive Plan Units | 2nd Anniversary After Initial Period                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Vesting period       2 years                        
Long Term Incentive Plan Units | Awarded June 1, 2015                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Shares granted (in shares)       183,300                        
Number of performance measurements | measurement       2                        
Grants in period, intrinsic value, amount (in dollars per share) | $ / shares       $ 14.13                        
Long Term Incentive Plan Units, Absolute TSR Component                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Portion of awards granted (in percentage)       60.00%                        
Long Term Incentive Plan Units, Absolute TSR Component | Minimum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Portion of awards to be granted if conditions are met (in percentage)       37.50%                        
Total shareholder return threshold (in percentage)       25.00%                        
Long Term Incentive Plan Units, Absolute TSR Component | Maximum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Total shareholder return threshold (in percentage)       50.00%                        
Long Term Incentive Plan Units, Relative TSR Component                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Portion of awards granted (in percentage)       40.00%                        
Long Term Incentive Plan Units, Relative TSR Component | Minimum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Portion of awards to be granted if conditions are met (in percentage)       37.50%                        
Index percentile threshold       50.00%                        
Long Term Incentive Plan Units, Relative TSR Component | Maximum                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Index percentile threshold       75.00%                        
Long Term Incentive Plan Units, Time-Based                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Shares granted (in shares)                           223,922 112,251  
LTIP units achieving full parity (in shares)                         593,948 593,948    
Cumulative number of units granted (in shares)                             777,248  
Number of officers | officer                         6      
Award vesting percentage                           0.00% 33.00%  
Long Term Incentive Plan Units, Time-Based | Awarded January 28, 2016                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Shares granted (in shares)     72,966                          
Grants in period, intrinsic value, amount (in dollars per share) | $ / shares     $ 16.69                          
Long Term Incentive Plan Units, Time-Based | Awards March 1, 2017 [Member]                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Shares granted (in shares)   89,574                            
Grants in period, intrinsic value, amount (in dollars per share) | $ / shares   $ 18.53                            
Long Term Incentive Plan Units, Performance-Based                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Distribution entitlement (in percentage)     10.00%                          
Long Term Incentive Plan Units, Performance-Based | Awarded January 28, 2016                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Shares granted (in shares)     39,285                          
Total shareholder return threshold (in percentage)     8.00%                          
Grants in period, intrinsic value, amount (in dollars per share) | $ / shares     $ 11.09                          
Long Term Incentive Plan Units, Performance-Based | Awards March 1, 2017 [Member]                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Shares granted (in shares)   134,348                            
Grants in period, intrinsic value, amount (in dollars per share) | $ / shares   $ 19.65                            
Long Term Incentive Plan Units, Performance-Based | Minimum | Awards March 1, 2017 [Member]                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Percentage of target value to be paid out   50.00%                            
Long Term Incentive Plan Units, Performance-Based | Maximum | Awards March 1, 2017 [Member]                                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                
Percentage of target value to be paid out   150.00%