Stock Compensation (Tables)

3 Months Ended

Mar. 31, 2014

LTIP Units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Information about LTIP Units and Shares of Restricted Common Stock Outstanding

The following table summarizes information about the service-based LTIP units outstanding as of March 31, 2014:



	Total Vested Units	Total Unvested Units	Total Outstanding Units	Weighted-Average Grant Date Fair Value (Per Unit)
Balance, December 31, 2013	349,941	174,242	524,183	$	16.98
Granted	—	8,994	8,994	$	14.63
Vested	—	—	—	$	—
Converted	—	—	—	$	—
Canceled	—	—	—	$	—
Balance, March 31, 2014	349,941	183,236	533,177	$	16.94

Market-based LTIP Units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Information about LTIP Units and Shares of Restricted Common Stock Outstanding

The following table summarizes information about the market-based LTIP units outstanding as of March 31, 2014:



	Total Vested Units	Total Unvested Units	Total Outstanding Units	Weighted-Average Grant Date Fair Value (Per Unit)
Balance, December 31, 2013	—	338,094	338,094	$	5.58
Granted	—	—	—	$	—
Vested	—	—	—	$	—
Converted	—	—	—	$	—
Forfeited	—	—	—	$	—
Balance, March 31, 2014	—	338,094	338,094	$	5.58

Restricted Shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Information about LTIP Units and Shares of Restricted Common Stock Outstanding

The following table summarizes information about the shares of restricted common stock outstanding as of March 31, 2014:



	Number of Shares	Weighted-Average Grant Date Fair Value (Per Share)
Unvested at December 31, 2013	40,369	$	21.00
Granted	—	$	—
Vested	—	$	—
Canceled	—	$	—
Unvested at March 31, 2014	40,369	$	21.00

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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