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Equity Incentive Plan (Tables)
 9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Summary of Restricted Share Awards
A summary of the Company’s restricted share awards for the nine months ended September 30, 2019 and the year ended December 31, 2018 is as follows:
Nine Months EndedYear Ended
September 30, 2019December 31, 2018
Number of SharesWeighted-Average Grant Date Fair ValueNumber of SharesWeighted-Average Grant Date Fair Value
Non-vested at beginning of the period8,334  $18.52  57,514  $23.78  
Granted—  —  5,000  17.40  
Vested(1,667) 20.20  (30,084) 26.24  
Forfeited—  —  (24,096) 21.21  
Non-vested at end of the period6,667  $18.10  8,334  $18.52  
Schedule of Long Term Incentive Unit Awards
A summary of the Company's LTIP Unit awards for the nine months ended September 30, 2019 and the year ended December 31, 2018 is as follows:
Nine Months EndedYear Ended
September 30, 2019December 31, 2018
Number of UnitsWeighted-Average Grant Date Fair ValueNumber of UnitsWeighted-Average Grant Date Fair Value
Non-vested at beginning of the period476,398  $17.73  482,056  $16.58  
Granted221,853  18.73  244,917  16.94  
Vested(99,931) 16.55  (67,275) 16.42  
Forfeited—  $—  (183,300) $14.13  
Non-vested at end of the period598,320  $18.30  476,398  $17.73  
Schedule of Performance-Based Long-Term Incentive Plan Payout Unit Awards The 2019 Performance-Based LTIP Unit Awards, if earned, will be paid out between 50% and 150% of target value as follows:
Relative TSR Hurdles (Percentile)Payout Percentage
Threshold25th  50%  
Target50th  100%  
Maximum75th  150%  
Schedule of Share-based Payment Award, Valuation Assumptions
The grant date fair values of the LTIPs and the assumptions used to estimate the values are as follows:

Grant DateNumber of Units GrantedEstimated Value Per UnitVolatilityDividend YieldRisk Free Interest Rate
Outperformance Plan LTIP Unit Awards6/1/2015183,300  $14.13  26%  4.5%  0.95%  
2016 Time-Based LTIP Unit Awards1/28/201672,966  $16.69  28%  —%  0.79%  
2016 Performance-Based LTIP Unit Awards1/28/201639,285  $11.09  30%  5.8%  1.13%  
2017 Time-Based LTIP Unit Awards3/1/201789,574  $18.53  24%  —%  0.92%  
2017 Performance-Based LTIP Unit Awards3/1/2017134,348  $19.65  25%  5.8%  1.47%  
2018 Time-Based LTIP Unit Awards3/1/201897,968  $16.83  26%  —%  2.07%  
2018 Performance-Based LTIP Unit Awards3/1/2018146,949  $17.02  26%  6.2%  2.37%  
2019 Time-Based LTIP Unit Awards3/1/201988,746  $18.45  21%  —%  2.57%  
2019 Performance-Based LTIP Unit Awards3/1/2019133,107  $18.91  21%  6.2%  2.55%