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Equity-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2017
Entity Information [Line Items]  
Schedule of Unrecognized Compensation Cost
Total unrecognized compensation expense will be adjusted for actual forfeitures.
 
Unrecognized Compensation Expense Related to Outstanding RSAs/RSUs (in thousands)
Remaining Weighted-Average Amortization Period (in years)
RSAs/RSUs with service vesting conditions
$
9,973

1.7
RSUs with performance vesting conditions
1,959

0.5
RSUs with market vesting conditions
5,594

1.4
Total unrecognized compensation expense
$
17,526

 
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSA/RSU activity during the six months ended June 30, 2017, 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
 
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, 2017
892

 
$
16.93

 
119

 
$
14.07

 
972

 
$
9.01

Granted
263

 
$
17.48

 
192

 
$
17.45

 
104

 
$
18.58

Settled
(368
)
 
$
17.78

 
(119
)
 
$
14.07

 
—

 
$
—

Forfeited
(1
)
 
$
25.21

 
—

 
$
—

 
—

 
$
—

Outstanding at June 30, 2017
786

 
$
16.71

 
192

 
$
17.45

 
1,076

 
$
9.94

Vested at June 30, 2017
17

 
$
16.68

 
—

 
$
—

 
—

 
$
—

Nonvested at June 30, 2017
769

 
$
17.08

 
192

 
$
17.45

 
1,076

 
$
9.94

_________________________________
(1)
An independent third-party valuation was performed contemporaneously with the issuance of grants.
Summary of Key Assumptions Used for Fair Value Computation
During the six months ended June 30, 2017, the grant-date fair value of awards with market vesting conditions was calculated using a Monte Carlo simulation model with the following key assumptions:
Expected holding period
2.86 years

Risk-free rate of return
1.46
%
Expected dividend yield
4.72
%
ESH REIT  
Entity Information [Line Items]  
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSA/RSU activity during the six months ended June 30, 2017, was as follows:
 
Number of
RSAs/RSUs
(in thousands)
 
Weighted-
Average
Grant-Date
Fair Value
Outstanding at January 1, 2017
28

 
$
14.57

Granted
26

 
$
17.56

Settled
(7
)
 
$
10.32

Forfeited
—

 
$
—

Outstanding at June 30, 2017
47

 
$
16.85

Vested at June 30, 2017
7

 
$
16.00

Nonvested at June 30, 2017
40

 
$
20.05