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Equity (Tables)
3 Months Ended
Dec. 31, 2018
Federal Home Loan Banks [Abstract]  
Schedule of Non-Vested Restricted Stock Units Activity

RSU activity for the three months ended December 31, 2018, was as follows:

 

RSU Activity

Three Months Ended December 31, 2018

 
     Number
of RSUs
     Weighted Avg.
Fair Value

per Share at
Each Date
 

Non-vested Balance at

     

September 30, 2018

     324,771      $ 15.43  

Granted

     —          —    

Vested (1)

     (35,221      16.12  

Forfeited

     —          —    
  

 

 

    

 

 

 

Non-vested Balance at December 31, 2018

     289,550      $ 15.34  
  

 

 

    

 

 

 

 

(1)

The number of vested RSUs includes partially vested shares. Shares of common stock have not been issued for the partially vested shares, but the related compensation expense has been recognized. There were 18,878 net shares of common stock issued for vested and issued RSUs during the three months ended December 31, 2018.

Schedule of Non-Vested Restricted Stock Units Compensation

RSU Compensation

Three Months Ended December 31, 2018

 
     (In thousands)  

Total expected compensation expense related to RSUs

   $ 13,955  

Recognized compensation expense related to RSUs at reporting date

     (9,512
  

 

 

 

Unrecognized compensation expense related to RSUs at reporting date

   $ 4,443