Long-Term Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2019

Long-Term Incentive Plan

Schedule of amortization expense and forfeitures related to restricted shares

The Company’s amortization expense and forfeitures related to restricted shares for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands):

	2019		2018		2017
Amortization expense, including forfeitures	$	9,313	$	9,007	$	8,042

Schedule of non-vested stock grant activity

The following is a summary of non-vested restricted stock grant activity:

	2019			2018			2017
		Weighted			Weighted			Weighted
		Average			Average			Average
	Shares	Price		Shares	Price		Shares	Price
Outstanding at beginning of year	1,177,760	$	14.89	1,175,049	$	14.12	1,095,908	$	13.36
Granted	701,754	$	14.35	617,595	$	15.84	654,266	$	15.11
Vested	(657,732)	$	14.32	(602,091)	$	14.37	(541,827)	$	13.78
Forfeited	(3,932)	$	15.48	(12,793)	$	14.39	(33,298)	$	14.10
Outstanding at end of year	1,217,850	$	14.88	1,177,760	$	14.89	1,175,049	$	14.12