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Equity-Based Compensation (Tables)
 9 Months Ended
Sep. 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
$
7,798

1.5
RSUs with performance vesting conditions
916

0.3
RSUs with market vesting conditions
4,372

1.1
Total unrecognized compensation expense
$
13,086

 
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSA/RSU activity during the nine months ended September 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
269

 
$
17.50

 
192

 
$
17.45

 
104

 
$
18.58

Settled
(417
)
 
$
17.75

 
(119
)
 
$
14.07

 
—

 
$
—

Forfeited
(40
)
 
$
17.02

 
(12
)
 
$
17.45

 
(37
)
 
$
16.19

Outstanding at September 30, 2017
704

 
$
16.66

 
180

 
$
17.45

 
1,039

 
$
9.71

Vested at September 30, 2017
18

 
$
23.03

 
—

 
$
—

 
—

 
$
—

Nonvested at September 30, 2017
686

 
$
16.50

 
180

 
$
17.45

 
1,039

 
$
9.71

_________________________________
(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 nine months ended September 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 nine months ended September 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
(15
)
 
$
13.66

Forfeited
—

 
$
—

Outstanding at September 30, 2017
39

 
$
16.91

Vested at September 30, 2017
—

 
$
—

Nonvested at September 30, 2017
39

 
$
16.91