SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2016

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, 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, 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
Restricted common shares granted to Manager	$	690
Restricted common shares granted to certain directors	328
Total share-based compensation expense	$	1,018