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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2017
Stockholders' Equity  
Schedule of dividends declared by board of directors

 

 

 

 

 

 

 

 

 

 

 

 

Declaration Date

   

Record Date

   

Ex-Dividend Date

   

Payment Date

  

Amount

   

Frequency

8/9/17

 

9/29/17

 

9/28/17

 

10/13/17

 

$

0.48

 

Quarterly

5/9/17

 

6/30/17

 

6/28/17

 

7/14/17

 

$

0.48

 

Quarterly

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 and 2017 Manager Equity Plan during the nine months ended September 30, 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

Weighted Average

 

 

2017

 

Manager

 

 

 

Grant Date Fair

 

 

Equity Plan

 

Equity Plan

 

Total

 

Value (per share)

Balance as of January 1, 2017

 

539,124

 

281,250

 

820,374

 

$

22.34

Granted

 

548,160

 

1,000,000

 

1,548,160

 

 

22.27

Vested

 

(337,192)

 

(335,416)

 

(672,608)

 

 

22.69

Forfeited

 

(34,531)

 

 —

 

(34,531)

 

 

22.56

Balance as of September 30, 2017

 

715,561

 

945,834

 

1,661,395

 

 

22.09


Equity-based award activity for awards granted under the Equity Plan and Non-Executive Director Stock Plan is reflected within the 2017 Equity Plan column, and for awards granted under the Manager Equity Plan, within the 2017 Manager Equity Plan column.