Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of total restricted shares granted

The following is a summary of the total restricted shares granted to the Company’s executive officers and employees with the related weighted average grant date fair value share prices for the years ended December 31, 2019, 2018 and 2017.

Restricted Stock Activity:

	Shares	Weighted Average Grant Date Fair Value
Non-vested shares outstanding as of December 31, 2016	395,281	$	20.48
Granted	32,247	26.52
Forfeited	(50,008)	21.60
Vested	(20,337)	18.06
Non-vested shares outstanding as of December 31, 2017	357,183	21.01
Granted	53,915	34.63
Forfeited	(11,830)	20.30
Vested	(15,338)	20.21
Non-vested shares outstanding as of December 31, 2018	383,930	22.98
Granted	111,099	46.99
Forfeited	(52,892)	31.02
Vested	(15,367)	23.90
Non-vested shares outstanding as of December 31, 2019	426,770	$	28.20

Vesting schedule of the total non-vested shares of restricted stock outstanding

The following is a vesting schedule of the total non-vested shares of restricted stock outstanding as of December 31, 2019:

Non-vested Shares Vesting Schedule	Number of Shares
2020	295,936
2021	8,135
2022	7,101
2023	32,016
2024	83,582
Thereafter	—
Total Non-vested Shares	426,770

Schedule of certain information with respect to the Performance Share awards

The following table summarizes certain information with respect to the Performance Share awards granted prior to January 1, 2019 (dollars in thousands):

	Fair Value		Accrual		Expense
					For the Year Ended December 31,
Performance Share Period	December 31, 2019		December 31, 2019		2019		2018		2017
January 1, 2018 - December 31, 2020	$	6,521	$	4,343	$	3,208	$	1,135	$	—
January 1, 2017 - December 31, 2019 1	7,290		7,290		3,217		2,540		1,532
January 1, 2016 - December 31, 2018	—		—		—		3,388		2,189
January 1, 2015 - December 31, 2017	—		—		—		—		2,994
Total	$	13,811	$	11,633	$	6,425	$	7,063	$	6,715

¹Subsequent to December 31, 2019, the compensation committee determined that approximately $7.3 million was earned under the Long-Term Incentive Plan with respect to the performance period that ended on December 31, 2019 and a total of 135,494 shares of common stock were issued to the executives.

The following table summarizes certain information with respect to the Performance Share awards granted on or after January 1, 2019 (dollars in thousands):

			Expense
			For the Year Ended December 31,
Performance Share Period	Fair Value on Date of Grant		2019		2018		2017
January 1, 2019 - December 31, 2021	$	4,829	$	1,610	$	—	$	—

Schedule of cash dividends paid or payable per share

The following table sets forth the cash dividends paid or payable per share during the years ended December 31, 2019 and 2018:

For the Three Months Ended	Security	Dividend per Share		Declaration Date	Record Date	Date Paid
March 31, 2019	Common stock	$	0.24	February 5, 2019	March 29, 2019	April 12, 2019
June 30, 2019	Common stock	$	0.24	April 30, 2019	July 5, 2019	July 19, 2019
September 30, 2019	Common stock	$	0.27	July 26, 2019	October 4, 2019	October 18, 2019
December 31, 2019	Common stock	$	0.27	October 29, 2019	December 31, 2019	January 14, 2020

For the Three Months Ended	Security	Dividend per Share		Declaration Date	Record Date	Date Paid
March 31, 2018	Common stock	$	0.22	February 6, 2018	March 28, 2018	April 12, 2018
June 30, 2018	Common stock	$	0.22	May 1, 2018	July 6, 2018	July 20, 2018
September 30, 2018	Common stock	$	0.24	August 1, 2018	October 5, 2018	October 19, 2018
December 31, 2018	Common stock	$	0.24	October 31, 2018	December 18, 2018	January 11, 2019