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Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Entity Information [Line Items]  
Schedule of Unrecognized Compensation Expense
Total unrecognized compensation expense will be adjusted for actual forfeitures.
 
Unrecognized
Compensation Expense
Related to Outstanding
Awards (in thousands)
 
Remaining Weighted-
Average Amortization
Period (in years)
RSAs/RSUs with service vesting conditions
$
8,591

 
1.8
RSUs with performance vesting conditions

 
n/a
RSUs with market vesting conditions
5,423

 
1.8
Total unrecognized compensation expense
$
14,014

 
 
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSA/RSU activity during the years ended December 31, 2016, 2015 and 2014, was as follows:
 
 
 
 
 
Performance-Based Awards
 
Service-Based Awards
 
Performance Vesting
 
Market Vesting
 
Number of
RSAs/RSUs
(in thousands)
 
Weighted-
Average Grant-
Date Fair
Value(1)
 
Number of
RSUs
(in thousands)
 
Weighted-
Average Grant-
Date Fair
Value
 
Number of
RSUs
(in thousands)
 
Weighted-
Average Grant-
Date Fair
Value(1)
Outstanding at January 1, 2014
1,933

 
$
12.02

 

 
$

 

 
$

Granted
135

 
$
24.33

 

 
$

 

 
$

Settled
(719
)
 
$
8.87

 

 
$

 

 
$

Forfeited
(278
)
 
$
8.38

 

 
$

 

 
$

Outstanding at December 31, 2014
1,071

 
$
16.43

 

 
$

 

 
$

Granted
462

 
$
18.93

 
19

 
$
19.07

 
557

 
$
6.84

Settled
(499
)
 
$
15.19

 

 
$

 

 
$

Forfeited
(42
)
 
$
15.99

 

 
$

 
(1
)
 
$
20.76

Outstanding at December 31, 2015
992

 
$
18.24

 
19

 
$
19.07

 
556

 
$
6.81

Granted
536

 
$
14.08

 
166

 
$
14.07

 
441

 
$
12.03

Settled
(582
)
 
$
16.66

 
(19
)
 
$
19.07

 

 
$

Forfeited
(54
)
 
$
15.56

 
(47
)
 
$
14.07

 
(25
)
 
$
13.19

Outstanding at December 31, 2016
892

 
$
16.93

 
119

 
$
14.07

 
972

 
$
9.01

Vested at December 31, 2016
45

 
$
23.74

 
119

 
$
14.07

 

 
$

Nonvested at December 31, 2016
847

 
$
16.57

 

 
$

 
972

 
$
9.01

Vested at December 31, 2015
145

 
$
23.97

 
19

 
$
19.07

 

 
$

Nonvested at December 31, 2015
847

 
$
17.25

 

 
$

 
556

 
$
6.81

_____________________
(1)
An independent valuation was performed contemporaneously with the issuance of grants.
Summary of Key Assumptions Used for Fair Value Computation
During the year ended December 31, 2016, the grant-date fair values of awards with market vesting conditions were calculated using a Monte Carlo simulation model with the following key assumptions:
Expected holding period
2.85 years

Risk–free rate of return
0.88
%
Expected dividend yield
5.91
%
ESH REIT [Member]  
Entity Information [Line Items]  
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSA/RSU activity (all of which relates to awards with service vesting conditions) during the years ended December 31, 2016, 2015 and 2014, was as follows:
 
Number of
RSAs/RSUs
(in thousands)
 
Weighted-
Average Grant-
Date Fair
Value
Outstanding RSAs/RSUs - January 1, 2014
1,583

 
$
9.35

Granted
3

 
$
23.14

Settled
(712
)
 
$
8.74

Forfeited
(274
)
 
$
8.07

Outstanding RSAs/RSUs - December 31, 2014
600

 
$
10.38

Granted
8

 
$
19.74

Settled
(344
)
 
$
11.11

Forfeited
(20
)
 
$
9.34

Outstanding RSAs/RSUs - December 31, 2015
244

 
$
9.71

Granted
15

 
$
14.08

Settled
(231
)
 
$
9.40

Forfeited

 
$

Outstanding RSAs/RSUs - December 31, 2016
28

 
$
14.57

Vested RSAs/RSUs - December 31, 2016

 
$

Nonvested RSAs/RSUs - December 31, 2016
28

 
$
14.57

Vested RSAs/RSUs - December 31, 2015
1

 
$
23.14

Nonvested RSAs/RSUs - December 31, 2015
243

 
$
9.65