Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2016

Stockholders' Equity

Schedule of dividends declared by board of directors

Declare Date	Record Date	Ex-Dividend Date	Payment Date	Amount		Frequency
5/9/16	6/30/16	6/28/16	7/15/16	$	0.48	Quarterly
2/25/16	3/31/16	3/29/16	4/15/16	$	0.48	Quarterly

Summary of share awards granted under the Manager Equity Plan

The table below summarizes our share awards granted or vested under the Manager Equity Plan during the six months ended June 30, 2016 and 2015 (dollars in thousands):

Grant Date	Type	Amount Granted	Grant Date Fair Value		Vesting Period
May 2015	RSU	675,000	$	16,511	3 years
January 2014	RSU	489,281		14,776	3 years
January 2014	RSU	2,000,000		55,420	3 years

Schedule of Non-Vested Shares and Share Equivalents

	Non-Executive				Weighted Average
	Director		Manager		Grant Date Fair Value
	Stock Plan	Equity Plan	Equity Plan	Total	(per share)
Balance as of January 1, 2016	16,988	548,378	1,302,850	1,868,216	$	25.84
Granted	3,776	430,014	—	433,790		18.96
Vested	—	(261,420)	(510,800)	(772,220)		26.08
Forfeited	—	(21,796)	—	(21,796)		23.45
Balance as of June 30, 2016	20,764	695,176	792,050	1,507,990		23.77