Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Summary of Unvested RSU and PSU Award Activity

The table below summarizes RSU award activity for the three months ended March 31, 2020:

	Shares		Weighted-Average Grant Date Fair Value
Unvested RSUs at December 31, 2019	1,107,796		$	6.60
Granted	568,900		$	5.15
Vested	(307,529	)	$	6.79
Unvested RSUs at March 31, 2020	1,369,167		$	5.95

The table below summarizes performance unit (“PSU”) activity for the three months ended March 31, 2020:

	Shares	Weighted-Average Grant Date Fair Value
Unvested PSUs at December 31, 2019	835,625	$	10.51
Granted	1,043,800	$	5.36
Unvested PSUs at March 31, 2020	1,879,425	$	7.65

Schedule of Total Shareholder Return Goals

Between 0x to 2.0x of the Performance Units are eligible to be earned based on our achieving an annualized TSR based on the following pre-established goals:

Company’s Annualized TSR	TSR Multiplier
23.9% or greater	2.0
14.5%	1.0
8.4%	0.5
Less than 8.4%	0.0