Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2017

Stockholders' Equity

Schedule of dividends declared by board of directors

Declaration Date	Record Date	Ex-Dividend Date	Payment Date	Amount		Frequency
2/23/17	3/31/17	3/29/17	4/14/17	$	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 three months ended March 31, 2017 and 2016 (dollar amounts in thousands):

Grant Date	Type	Amount Granted	Grant Date Fair Value		Vesting Period
March 2017	RSU	1,000,000	$	22,240	3 years
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, 2017	17,788	521,336	281,250	820,374	$	22.34
Granted	—	470,469	1,000,000	1,470,469		22.25
Vested	—	(178,136)	(56,250)	(234,386)		21.56
Forfeited	—	(12,340)	—	(12,340)		23.32
Balance as of March 31, 2017	17,788	801,329	1,225,000	2,044,117		22.36