Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of common stock option activity

A summary of the Company’s common stock option activity as of and for the six months ended June 30, 2015 is presented below:

	Options Outstanding
		Weighted-Average
	Number of Shares	Exercise Price per share
Options outstanding at December 31, 2014	846,874	$	11.00
Options granted	—	$	—
Options forfeited	—	$	—
Options outstanding at June 30, 2015	846,874	$	11.00
Options exercisable at June 30, 2015	24,717	$	11.00

Summary of restricted stock units

A summary of the Company’s restricted stock units as of and for the six months ended June 30, 2015 is presented below:

	Restricted Stock Units Outstanding
			Weighted-Average
			Grant-Date
	Number of Shares		Fair Value per Share
Balance outstanding at December 31, 2014	112,233		$	11.36
Restricted stock units granted	293,324		$	14.46
Restricted stock units vested	(85,386	)	$	11.48
Restricted stock units forfeited	(384	)	$	11.00
Balance outstanding at June 30, 2015	319,787		$	14.17

Summary of stock-based compensation expense

The expense related to the Company's stock-based compensation programs, included in general and administrative expense in the accompanying consolidated statements of operations, was as follows:

	Three months ended June 30,				Six months ended June 30,
	2015		2014		2015		2014
Expense related to:
Equity based incentive units	$	—	$	—	$	—	$	316,667
Stock options	305,506		320,125		610,288		535,172
Restricted stock units	675,359		249,117		872,439		395,779
	$	980,865	$	569,242	$	1,482,727	$	1,247,618