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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity under the Incentive Award Plan during the years ended December 31, 2019, 2018 and 2017:
 
Unvested
Time-Based
RSUs
 
Unvested
Performance-Based
RSUs
 
Weighted Average
Grant Date Value
Per Share (a)
Outstanding as of January 1, 2017
1,646,523
 
 
$3.29
Shares granted
2,019,078
 
 
$3.29
Shares vested
(1,750,773)
 
 
$3.38
Shares forfeited
(379,323)
 
 
$3.25
Outstanding as of December 31, 2017
1,535,505
 
 
$3.19
 
 
 
 
 
 
Shares granted
1,950,307
 
 
$3.14
Shares vested
(1,349,852)
 
 
$3.20
Shares forfeited
(587,810)
 
 
$3.19
Outstanding as of December 31, 2018
1,548,150
 
 
$3.18
 
 
 
 
 
 
Shares granted
1,225,170
 
1,450,811
 
$3.14
Shares vested
(1,275,188)
 
 
$3.18
Shares forfeited
(202,441)
 
(61,169)
 
$3.17
Outstanding as of December 31, 2019
1,295,691
 
1,389,642
 
$3.14
(a)
On an annual basis, the Company engages an independent third-party valuation advisory consulting firm to estimate the value per share of the Company's common stock.