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Common Stock
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Common Stock

Note 11 Common Stock

 

The Company had 26,788,833 and 26,386,583 shares of Class A common stock outstanding at June 30, 2017 and December 31, 2016, respectively. Additionally, the Company had 256,064 and 499,271 shares outstanding at June 30, 2017 and December 31, 2016, respectively, of restricted Class A common stock issued but not yet vested under the 2014 Omnibus Incentive Plan and the Prior Plan that are not included in shares outstanding until such time that they are vested; however, these shares do have voting and certain dividend rights during the vesting period.

 

On August 5, 2016, the Board of Directors authorized a new share repurchase program for up to $50.0 million from time to time in either the open market or through privately negotiated transactions. The remaining authorization under this program as of June 30, 2017 was $12.6 million.