Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2019

Disclosure Text Block Supplement [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The following table sets forth information pertaining to the share-based compensation issued under the 2018 Incentive Plan and the incentive plan for 2017 (the “2017 Incentive Plan”).

	2018 Incentive Plan			2017 Incentive Plan
Period common shares issued	First Quarter 2019			First Quarter 2018
Common shares earned under each incentive plan		156,926			415,866
Common shares surrendered on issuance date to satisfy tax withholding obligations		24,999			48,533
Common shares earned and issued under each incentive plan, net of common shares surrendered on issuance date to satisfy tax withholding obligations		131,927			367,333
Closing stock price on issuance date	$	16.49		$	16.92
Total share-based compensation earned, including the surrendered shares (in millions)	$	2.6	(1)	$	7.0	(2)
Of the total common shares earned and issued, total common shares unrestricted at time of issuance		105,345			223,421
Of the total common shares earned and issued, total common shares restricted at time of issuance		26,582			143,912
Restricted common shares vesting date	December 13, 2019			December 14, 2018
Common shares surrendered on vesting date to satisfy tax withholding requirements resulting from vesting of restricted common shares		n/a			41,389

⁽¹⁾ Of the total 2018 share-based compensation, approximately $2.4 million was recorded as a liability as of December 31, 2018 and is included in accounts payable and other liabilities in the Company's consolidated balance sheet at December 31, 2018. The remaining $0.2 million, which is subject to vesting on December 13, 2019 and excludes any restricted shares forfeited or vested prior to that date, will be recognized as share-based compensation expense proportionately throughout 2019. For the three and six months ended June 30, 2019, the Company recognized approximately $0.04 million and $0.1 million, respectively, of share-based compensation expense related to restricted share awards.

⁽²⁾ Of the total 2017 share-based compensation, approximately $1.2 million, which vested on December 14, 2018, was recognized as share-based compensation expense proportionately throughout 2018. For the three and six months ended June 30, 2018, the Company recognized approximately $0.3 million and $0.6 million, respectively, of share-based compensation expense related to restricted share awards.