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Stock Awards (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Restricted Equity Awards Activity

The following summarizes restricted equity award activity in 2015 and 2014 (which includes awards granted in 2015, 2014, 2013, and any applicable prior years), respectively:

For the Year Ended December 31, 2015:

 

     Vesting Based
on Service
     Vesting Based on
Market/Performance
Conditions
 
     Shares     Weighted Average
Value at Award Date
     Shares     Weighted Average
Value at Award Date
 

Nonvested awards at beginning of the year

     452,263      $ 12.11         2,428,518      $ 5.81   

Awarded

     407,969      $ 13.94         871,888      $ 6.62   

Vested

     (343,904   $ 12.56         (406,970   $ 4.94   

Forfeited

     (6,694   $ 13.08         (562,284 )   $ 5.33   
  

 

 

      

 

 

   

Nonvested awards at end of year

     509,634      $ 13.25         2,331,152      $ 6.38   
  

 

 

      

 

 

   

For the Year Ended December 31, 2014:

 

     Vesting Based
on Service
     Vesting Based on
Market/Performance
Conditions
 
     Shares     Weighted Average
Value at Award Date
     Shares     Weighted Average
Value at Award Date
 

Nonvested awards at beginning of the year

     325,999      $ 11.36         1,999,179      $ 5.44   

Awarded

     424,366      $ 12.21         903,134      $ 7.57   

Vested

     (298,102   $ 11.43         (473,795   $ 7.60   

Forfeited

     —       $ —          —       $ —    
  

 

 

      

 

 

   

Nonvested awards at end of year

     452,263      $ 12.11         2,428,518      $ 5.81