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Share Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation, Stock Options, Activity
No options were awarded in 2019, 2018 or 2017. The following table presents the changes in stock options outstanding and related information for our employees during the years ended December 31, 2019, 2018 and 2017: 
 
Options
 
Weighted
Average
Exercise
Price Per
Share
 
Weighted
Average
Contractual
Life (Years)
 
Intrinsic
Value
(Thousands)
Outstanding Options at December 31, 2016
165,886

 
$
17.98

 
4.6
 
$
—

Forfeited / Expired
(20,085
)
 
18.10

 
 
 
 
Outstanding Options at December 31, 2017
145,801

 
$
17.97

 
4.5
 
$
—

Outstanding Options at December 31, 2018
145,801

 
$
17.97

 
3.3
 
$
—

Outstanding Options at December 31, 2019
145,801

 
$
17.97

 
2.3
 
$
—

 
 
 
 
 
 
 
 
Exercisable Options at December 31, 2017
139,491

 
$
17.79

 
4.2
 
$
—

Exercisable Options at December 31, 2018
145,801

 
$
17.97

 
3.3
 
$
—

Exercisable Options at December 31, 2019
145,801

 
$
17.97

 
2.3
 
$
—

 
 
 
 
 
 
 
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table summarizes information for outstanding options of our employees at December 31, 2019: 
 
 
Options Outstanding
 
Options Exercisable
Range of Exercise
Prices
 
Number
Outstanding as
of December 31,
2019
 
Weighted
Average
Remaining
Contractual
Life
 
Weighted
Average
Exercise
Price
 
Number
Exercisable
as of
December 31,
2019
 
Weighted
Average
Exercise
Price
$16.43
 
63,142

 
1.13
 
$
16.43

 
63,142

 
$
16.43

$17.48
 
29,849

 
3.14
 
$
17.48

 
29,849

 
$
17.48

$18.43
 
27,553

 
2.13
 
$
18.43

 
27,553

 
$
18.43

$21.87
 
25,257

 
4.14
 
$
21.87

 
25,257

 
$
21.87

16.43 -21.87
 
145,801

 
2.25
 
$
17.97

 
145,801

 
$
17.97
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table presents the changes in restricted share awards, restricted share units and deferred share awards outstanding and related information for our employees and non-employee directors during the years ended December 31, 2019, 2018 and 2017: 
 
Number of
Awards/Units
 
Weighted
Average Grant
Date Fair Value
Per Share
Nonvested shares at December 31, 2016
1,298,372

 
$
4.41

Granted
1,655,067

 
3.14

Vested
(733,147
)
 
4.19

Forfeited
(49,968
)
 
3.43

Nonvested shares at December 31, 2017
2,170,324

 
$
3.54

Granted
2,861,775

 
3.42

Vested
(1,247,522
)
 
3.92

Forfeited
(101,839
)
 
3.69

Nonvested shares at December 31, 2018
3,682,738

 
$
3.31

Granted
1,725,018

 
2.29

Vested
(1,628,577
)
 
3.26

Forfeited
(97,643
)
 
3.23

Nonvested shares at December 31, 2019
3,681,536

 
$
2.86
Schedule of Nonvested Share Activity
The following table presents the changes in phantom share awards outstanding and related information for our employees during the years ended December 31, 2019, 2018 and 2017:
 
 
Number of Awards
Nonvested shares at December 31, 2016
6,269,964

Granted
750,525

Vested
(2,207,589
)
Forfeited
(263,161
)
Nonvested shares at December 31, 2017
4,549,739

Granted
—

Vested
(2,270,214
)
Forfeited
(12,951
)
Nonvested shares at December 31, 2018
2,266,574

Granted
1,415,277

Vested
(2,059,656
)
Forfeited
(12,687
)
Nonvested shares at December 31, 2019
1,609,508
Schedule of Share-based Payment Award, Performance Share Awards, Valuation Assumptions
The initial TSR performance was based on historical performance of our common shares and the peer group’s common shares. 
 
2019
 
2018
 
2017
Risk-free weighted interest rate
2.5
%
 
2.4
 %
 
1.5
%
Expected volatility
68.0
%
 
79.0
 %
 
90.0
%
Initial TSR
0.7
%
 
(0.4
)%
 
0.04
%
Share-based Compensation, Performance Shares Award Nonvested Activity
The following table presents the changes in performance share awards outstanding and related information for our employees during the year ended December 31, 2019, 2018 and 2017: 
 
Number of
Awards
 
Weighted
Average Grant
Date Fair Value
Per Share
Nonvested shares at December 31, 2016
1,951,684

 
$
3.18

Granted
762,497

 
5.20

Vested
—

 
—

Forfeited
(38,699
)
 
3.64

Nonvested shares at December 31, 2017
2,675,482

 
$
3.75

Granted
848,830

 
5.30

Vested
—

 
—

Forfeited
—

 
—

Nonvested shares at December 31, 2018
3,524,312

 
$
4.12

Granted
1,184,599

 
3.73

Performance adjustment (1)
1,921,865

 
2.93

Vested
(3,843,730
)
 
2.93

Forfeited
—

 
—

Nonvested shares at December 31, 2019
2,787,046

 
$
4.61


 
(1)
Related to 2016 performance share awards that vested in 2019, which were paid out at 200% based on Civeo's TSR rank.