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Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Compensation [Abstract]  
Summary of restricted common stock vesting dates
The following is a summary of restricted common stock vesting dates as of December 31, 2019 and December 31, 2018, including shares whose issuance has been deferred under the Director Deferred Fee Plan:
 
December 31, 2019
 
December 31, 2018
Vesting Date
Shares Vesting
 
Shares Vesting
June 2019

 
27,476

March 2020
36,000

 

June 2020
30,592

 

March 2021
36,000

 

March 2022
36,000

 

 
138,592

 
27,476


Schedule of restricted stock activity
The following table presents information with respect to the Company's restricted stock for the years ended December 31, 2019 and December 31, 2018, including shares whose issuance has been deferred under the Director Deferred Fee Plan:
 
December 31, 2019
 
December 31, 2018
 
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
753,973

 
$
16.77

 
725,449

 
$
17.00

Granted(2)
140,316

 
10.34

 
28,524

 
10.75

Outstanding at end of period
894,289

 
$
15.76

 
753,973

 
$
16.77

Unvested at end of period
138,592

 
$
10.34

 
27,476

 
$
10.78

 

(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)
Includes 3,536 shares and 2,620 shares of restricted stock attributed to dividends on restricted stock under the Director Deferred Fee Plan for the years ended December 31, 2019 and December 31, 2018, respectively.