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Equity-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2018
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
$
5,632

 
1.8

RSUs with performance vesting conditions
—

 
—

RSUs with market vesting conditions
2,619

 
1.8

Total unrecognized compensation expense
$
8,251

 
 
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSA/RSU activity during the years ended December 31, 2018, 2017 and 2016, 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, 2016
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

Granted
272

 
$
17.51

 
192

 
$
17.45

 
104

 
$
18.58

Settled
(417
)
 
$
17.75

 
(119
)
 
$
14.07

 
—

 
$
—

Forfeited
(145
)
 
$
15.13

 
(39
)
 
$
17.45

 
(865
)
 
$
8.35

Outstanding at December 31, 2017
602

 
$
17.06

 
153

 
$
17.45

 
211

 
$
16.46

Granted
401

 
$
19.42

 
57

 
$
19.52

 
204

 
$
17.41

Settled
(399
)
 
$
17.46

 
(153
)
 
$
17.45

 
(41
)
 
$
20.76

Forfeited
(81
)
 
$
18.05

 
(25
)
 
$
19.52

 
(77
)
 
$
15.36

Outstanding at December 31, 2018
523

 
$
18.42

 
32

 
$
19.52

 
297

 
$
16.79

 
 
 
 
 
 
 
 
 
 
 
 
Vested at December 31, 2017
46

 
$
23.66

 
145

 
$
17.45

 
41

 
$
20.76

Nonvested at December 31, 2017
556

 
$
18.46

 
—

 
$
—

 
170

 
$
20.48

 
 
 
 
 
 
 
 
 
 
 
 
Vested at December 31, 2018
7

 
$
19.11

 
32

 
$
19.52

 
50

 
$
12.03

Nonvested at December 31, 2018
516

 
$
18.41

 
—

 
$
—

 
247

 
$
17.75

_____________________
(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, 2018, the grant-date fair value of awards with market vesting conditions were calculated using a Monte Carlo simulation model with the following key assumptions:
Expected holding period
2.86 years

Risk–free rate of return
2.37
%
Expected dividend yield
4.61
%
ESH REIT  
Entity Information [Line Items]  
Summary of Restricted Stock Award and Restricted Stock Unit Activity
RSU activity (all of which relates to awards with service vesting conditions) during the years ended December 31, 2018, 2017 and 2016, was as follows:
 
Number of
RSUs
(in thousands)
 
Weighted-
Average Grant-
Date Fair
Value
Outstanding at January 1, 2016
244

 
$
9.71

Granted
15

 
$
14.08

Settled
(231
)
 
$
9.40

Forfeited
—

 
$
—

Outstanding at December 31, 2016
28

 
$
14.57

Granted
26

 
$
17.56

Settled
(15
)
 
$
13.66

Forfeited
—

 
$
—

Outstanding at December 31, 2017
39

 
$
16.91

Granted
28

 
$
19.48

Settled
(34
)
 
$
17.32

Forfeited
—

 
$
—

Outstanding at December 31, 2018
33

 
$
18.68

 
 
 
 
Vested at December 31, 2017
—

 
$
—

Nonvested at December 31, 2017
39

 
$
16.91

 
 
 
 
Vested at December 31, 2018
—

 
$
—

Nonvested at December 31, 2018
33

 
$
18.68