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EQUITY-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of restricted stock awards The following table summarizes time-based restricted stock award activity under our Equity Plan for the three months ended March 31, 2019:
 
 
 
Number
 of Shares
 
Weighted Average
Grant Date 
Fair Value
 
Aggregate
Current Value
 
 
 
 
(per share)
 
(in thousands)
Non-vested at December 31, 2018
 
370,152

 
$
13.40

 
$
3,602

Granted
 
234,977

 
11.32

 
 

Vested
 
(153,287
)
 
12.83

 
 

Forfeited
 
(1,012
)
 
13.15

 
 

Non-vested at March 31, 2019
 
450,830

 
$
12.51

 
$
5,144

The following table summarizes performance-based restricted stock activity under the Equity Plan for the three months ended March 31, 2019:
 
 
 
Number 
of Shares
 
Weighted Average
Grant Date 
Fair Value (1)
 
Aggregate
Current Value
 
 
 
 
(per share)
 
(in thousands)
Non-vested at December 31, 2018
 
708,227

 
$
14.75

 
$
6,891

Granted
 
302,327

 
12.81

 
 

Vested
 
(89,097
)
 
13.77

 
 

Forfeited
 
(165,466
)
 
13.77

 
 

Non-vested at March 31, 2019
 
755,991

 
$
14.31

 
$
8,626



(1) The amounts included in this column represent the expected future value of the performance-based restricted stock awards calculated using the Monte Carlo simulation valuation model.
Schedule of equity-based compensation expense Equity-based compensation expense included in Corporate general and administrative expenses in the Condensed Consolidated Statements of Operations for the three months ended March 31, 2019 and 2018 was as follows (in thousands):
 
 
 
For the
Three Months Ended
March 31,
 
 
2019
 
2018
Time-based restricted stock
 
$
542

 
$
836

Performance-based restricted stock
 
810

 
1,374

Director stock
 

 
17

 
 
$
1,352

 
$
2,227

Schedule of unrecognized equity-based compensation expense for all non-vested awards Unrecognized equity-based compensation expense for all non-vested awards pursuant to our Equity Plan was $11.7 million at March 31, 2019 and will be recorded as follows (in thousands):
 
 
 
Total
 
2019
 
2020
 
2021
 
2022
 
2023
Time-based restricted stock
 
$
4,889

 
$
1,780

 
$
1,806

 
$
1,054

 
$
233

 
$
16

Performance-based restricted stock
 
6,857

 
2,586

 
2,578

 
1,477

 
216

 

 
 
$
11,746

 
$
4,366

 
$
4,384

 
$
2,531

 
$
449

 
$
16