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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Based Compensation Expense

Our stock based compensation expense is as follows for the three and nine months ended September 30, 2015 (in thousands):

 

     For the three months ended
September 30,
     For the nine months ended
September 30,
 
     2015      2014      2015      2014  

Restricted stock units

   $ 608       $ —        $ 1,779       $ —    

Performance units

     384         —          912         —    

Restricted stock issued to directors

     213         —          614         —    

Incentive units

     32         31         89         87   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total expense

   $ 1,237       $ 31       $ 3,394       $ 87   
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Restricted Stock Unit Awards Activity

A summary of restricted stock unit awards activity during the nine months ended September 30, 2015 is as follows:

 

     Number of
shares
     Weighted
average grant
date fair value
     Aggregate
intrinsic
value (in
thousands)
 

Total awarded and unvested, December 31, 2014

     —        $ —        $ —    

Granted

     1,114,700         7.08      

Vested

     (10,659      7.13      

Forfeited

     (103,989      7.13      
  

 

 

       

Total awarded and unvested, September 30, 2015

     1,000,052       $ 6.35       $ 1,950   
  

 

 

       
Summary of Performance Stock Unit Awards Activity

A summary of performance stock unit awards activity during the nine months ended September 30, 2015 is as follows:

 

     Number of
shares
     Weighted
average grant
date fair value
     Aggregate
intrinsic
value (in
thousands
 

Total awarded and unvested, December 31, 2014

     —        $ —        $ —    

Granted

     469,368         8.77      

Vested

     —          —       

Forfeited

     (10,712      8.77      
  

 

 

       

Total awarded and unvested, September 30, 2015

     458,656       $ 8.77       $ —