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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Based Compensation Expense

Our stock based compensation expense is as follows for the years ended December 31, 2016, 2015, and 2014 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Restricted stock units

 

$

4,006

 

 

$

2,408

 

 

$

 

Performance units

 

 

1,922

 

 

 

1,297

 

 

 

 

Restricted stock issued to directors

 

 

556

 

 

 

827

 

 

 

138

 

Incentive units

 

 

(268

)

 

 

103

 

 

 

118

 

Total expense

 

$

6,216

 

 

$

4,635

 

 

$

256

 

 

Summary of Restricted Stock Unit Awards Activity

A summary of restricted stock unit awards activity during the year ended December 31, 2016 is as follows:

 

 

 

Number of

shares

 

 

Weighted

average grant

date fair value

 

 

Aggregate

intrinsic

value (in

thousands)

 

Total awarded and unvested, December 31, 2015

 

 

1,000,052

 

 

$

7.07

 

 

$

1,820

 

Granted

 

 

3,751,931

 

 

 

1.36

 

 

 

 

 

Vested

 

 

(340,879

)

 

 

7.13

 

 

 

 

 

Forfeited

 

 

(67,522

)

 

 

7.13

 

 

 

 

 

Total awarded and unvested, December 31, 2016

 

 

4,343,582

 

 

$

2.14

 

 

$

11,597

 

 

Summary of Performance Stock Unit Awards Activity

A summary of performance stock unit awards activity during the year ended December 31, 2016 is as follows:

 

 

 

Number of

shares

 

 

Weighted

average grant

date fair value

 

 

Aggregate

intrinsic

value (in

thousands)

 

Total awarded and unvested, December 31, 2015

 

 

458,656

 

 

$

8.77

 

 

$

417

 

Granted

 

 

1,469,346

 

 

 

1.60

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

Total awarded and unvested, December 31, 2016

 

 

1,928,002

 

 

$

3.31

 

 

$

5,148