XML 49 R37.htm IDEA: XBRL DOCUMENT v3.3.1.900
SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Schedule of restricted common share transactions
The following table summarizes the restricted common share transactions that occurred prior to the Merger Transaction: 
 
Predecessor Company
 
Manager
 
Directors
 
Total
Unvested shares as of December 31, 2012
438,937

 
92,253

 
531,190

Issued
292,009

 
39,288

 
331,297

Vested
(146,312
)
 
(46,347
)
 
(192,659
)
Unvested shares as of December 31, 2013
584,634

 
85,194

 
669,828

Issued

 

 

Vested
(243,648
)
 

 
(243,648
)
Unvested shares as of April 30, 2014
340,986

 
85,194

 
426,180

Schedule of common share option transactions
The following table summarizes common share option transactions that occurred prior to the Merger Transaction:
 
 
Predecessor Company
 
Number of
Options
 
Weighted Average
Exercise Price
Outstanding as of December 31, 2012
1,932,279

 
$
20.00

Granted

 

Exercised

 

Forfeited

 

Outstanding as of December 31, 2013
1,932,279

 
$
20.00

Granted

 

Exercised

 

Forfeited

 

Outstanding as of April 30, 2014
1,932,279

 
$
20.00

Schedule of share-based compensation expense
The components of share-based compensation expense that existed prior to the Merger Transaction were as follows (amounts in thousands):
 
Predecessor Company
 
For the four months ended
April 30, 2014
 
Year ended December 31, 2013
Restricted common shares granted to Manager
$
690

 
$
3,524

Restricted common shares granted to certain directors
328

 
1,035

Total share-based compensation expense
$
1,018

 
$
4,559