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Share-Based Compensation | 12 Months Ended
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Dec. 31, 2016
Share Based Compensation [Abstract] |
Share-Based Compensation | Note 15. Share-Based Compensation The following tables set forth certain share-based compensation information for 2016, 2015, and 2014, respectively:
|  | Years ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Expense relating to share grants |  | $ | 3,141,000 |  | (a) | $ | 3,261,000 |  |  | $ | 3,761,000 |
Amounts capitalized |  |  | (211,000 | ) |  |  | (93,000 | ) |  |  | (230,000 | )
Total charged to operations |  | $ | 2,930,000 |  |  | $ | 3,168,000 |  |  | $ | 3,531,000 |
|  |  |  |  |  | Weighted average |  |  |  |  |
|  | Shares |  |  | grant date value |  |  |  |  |
Unvested shares, December 31, 2015 |  |  | 3,429,000 |  |  | $ | 5.03 |  |  |  |  |
Restricted share grants |  |  | 491,000 |  |  | $ | 6.87 |  |  |  |  |
Vested during period |  |  | (115,000 | ) |  | $ | 5.43 |  |  |  |  |
Forfeitures/cancellations |  |  | (167,000 | ) |  | $ | 5.54 |  |  |  |  |
Unvested shares, December 31, 2016 |  |  | 3,638,000 |  |  | $ | 5.24 |  |  |  |  |
| (a) | Net of an expense reduction of $267,000 relating to a forfeiture of restricted shares in connection with an employment termination.
At December 31, 2016, 1.2 million shares remained available for grants pursuant to the 2012 Plan and, at that date, there remained an aggregate of $6.1 million applicable to all grants and awards to be expensed over a weighted average period of 2.4 years. During 2016, there were 491,000 time-based restricted shares granted with a weighted average grant date fair value of $6.87 per share. During 2015, there were 180,000 time-based restricted shares issued, with a weighted average grant date fair value of $7.43 per share. During 2014, there were 133,000 time-based restricted shares granted, with a weighted average grant date fair value of $6.32 per share. The total fair values of shares vested during 2016, 2015, and 2014 were $811,000, $2,869,000, and $934,000, respectively. The Company’s President and Chief Executive Officer has received restricted share grants totaling 2.5 million shares as provided in his employment agreement, one-half of which is time-based, vesting upon the seventh anniversary of the date of grant (vesting on June 15, 2018), and the other half performance-based, to be earned if the total annual return on an investment in the Company’s common stock is at least an average of 6.5% per year for the seven years ending June 15, 2018. An independent appraisal determined the value of the performance-based award to be $4.39 per share compared to a market price at the date of grant of $4.98 per share. Consistent with such awards to other recipients, dividends have been paid on all the shares.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65895303&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 + Details
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