Stockholders' Equity and Non-Controlling Interests (Tables)

3 Months Ended

Mar. 31, 2020

Stockholders' Equity and Non-Controlling Interests

Schedule of dividends declared by board of directors

Declaration Date	Record Date	Ex-Dividend Date	Payment Date	Amount		Frequency
2/25/20	3/31/20	3/30/20	4/15/20		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 the 2017 Manager Equity Plan during the three months ended March 31, 2020 and 2019 (dollar amounts in thousands):

Grant Date	Type	Amount Granted	Grant Date Fair Value		Vesting Period
September 2019	RSU	1,200,000	$	29,484	(1)
April 2018	RSU	775,000		16,329	3 years
March 2017	RSU	1,000,000		22,240	3 years

(1) Of the amount granted, 218,898 vested immediately on the grant date and the remaining amount vests over a three-year period.

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, 2020	1,413,170	1,305,597	2,718,767	$	22.74
Granted	965,847	—	965,847		10.77
Vested	(474,367)	(229,675)	(704,042)		22.28
Forfeited	(314)	—	(314)		21.31
Balance as of March 31, 2020	1,904,336	1,075,922	2,980,258		18.97