Stock-Based Compensation (Tables)

9 Months Ended

Sep. 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 nine months ended September 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 September 30, 2015	846,874	$	11.00
Options exercisable at September 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 nine months ended September 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 September 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 September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
	(Dollars in thousands)
Expense related to:
Equity based incentive units	$	—	$	—	$	—	$	317
Stock options	301		319		911		854
Restricted stock units	941		240		1,814		636
	$	1,242	$	559	$	2,725	$	1,807