Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2017

Summary of restricted common stock vesting dates

The following is a summary of restricted common stock vesting dates as of December 31, 2017 and December 31, 2016, including shares whose issuance has been deferred under the Director Deferred Fee Plan:



	December 31, 2017	December 31, 2016
Vesting Date	Shares Vesting	Shares Vesting
March 2017	—	133,334
June 2017	—	18,196
March 2018	66,667	66,667
June 2018	16,488	—
	83,155	218,197

Schedule of restricted stock activity

The following table presents information with respect to the Company's restricted stock for the years ended December 31, 2017 and December 31, 2016, including shares whose issuance has been deferred under the Director Deferred Fee Plan:



	December 31, 2017			December 31, 2016
	Shares of Restricted Stock	Weighted Average Grant Date Fair Value⁽¹⁾		Shares of Restricted Stock	Weighted Average Grant Date Fair Value⁽¹⁾
Outstanding at beginning of period	707,861	$	17.17	688,394	$	17.39
Granted⁽²⁾	17,588	10.30		19,467	9.40
Outstanding at end of period	725,449	$	17.00	707,861	$	17.17
Unvested at end of period	83,155	$	14.07	218,197	$	14.98


(1)	The grant date fair value of restricted stock awards is based on the closing market price of the Company's common stock at the grant date.


(2)	Included 2,052 shares and 2,335 shares of restricted stock attributed to dividends on restricted stock under the Director Deferred Fee Plan for the years ended December 31, 2017 and December 31, 2016, respectively.