Share-based Compensation (Tables)

3 Months Ended

Mar. 31, 2017

East MIP | Class A-2 profits interests and Class B interests

Schedule of weighted-average assumptions used in estimating the grant date fair values

	2017		2016
Expected life (in years)	2.7		0.5
Weighted average risk free interest rate	0.72	%	0.12	%
Expected stock price volatility	47	%	25	%
Expected dividend yield	—		—

Non-qualified stock options

Schedule of activity

	Options Outstanding					Options Exercisable
		Weighted Average		Weighted Average			Weighted Average
	Number of	Exercise Price		Remaining		Number of	Exercise Price
	Options	Per Share		Contractual Life		Options	Per Share
At December 31, 2015	8,994,000	$	19.00		9.29	—	$	—
Granted	—		—		—	—		—
Exercised	—		—		—	—		—
Forfeited or expired	(625,000)		—		—	—		—
At March 31, 2016	8,369,000	$	19.00		9.05	—	$	—
At December 31, 2016	8,234,000	$	19.00		8.29	2,058,500	$	19.00
Granted	—		—		—	—		—
Exercised	—		—		—	—		—
Forfeited or expired	(195,000)		—		—	—		—
At March 31, 2017	8,039,000	$	19.00		8.05	2,009,750	$	19.00

Schedule of weighted-average assumptions used in estimating the grant date fair values

	2017
Expected life (in years)		6.25
Weighted average risk free interest rate		1.52	%
Expected stock price volatility		30	%
Expected dividend yield		5.05	%
Weighted average fair value at grant date	$	3.02

Restricted stock units

Schedule of activity related to restricted stock units

		Weighted
	Number of	Average Fair
	Shares	Value
At December 31, 2015	984,466	$	22.32
Granted	—		—
Forfeited	(115,869)		22.51
Vested	—		—
At March 31, 2016	868,597	$	22.30
At December 31, 2016	1,573,441	$	18.28
Granted	—		—
Forfeited	(95,481)		18.38
Vested	—		—
At March 31, 2017	1,477,960	$	18.28