Long-Term Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020, 2019 and 2018 were as follows (in thousands):

	2020		2019		2018
Amortization expense, including forfeitures	$	9,576	$	9,313	$	9,007

Schedule of non-vested stock grant activity

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

	2020			2019			2018
		Weighted			Weighted			Weighted
		Average			Average			Average
	Shares	Price		Shares	Price		Shares	Price
Outstanding at beginning of year	1,217,850	$	14.88	1,177,760	$	14.89	1,175,049	$	14.12
Granted	852,601	$	12.91	701,754	$	14.35	617,595	$	15.84
Vested	(691,111)	$	14.20	(657,732)	$	14.32	(602,091)	$	14.37
Forfeited	(42,504)	$	14.05	(3,932)	$	15.48	(12,793)	$	14.39
Outstanding at end of year	1,336,836	$	14.01	1,217,850	$	14.88	1,177,760	$	14.89