Equity

6 Months Ended

Jun. 30, 2019

Stockholders Equity Note [Abstract]

Equity

10. Equity

On August 1, 2017, we received authorization from our Board of Directors to repurchase up to $200,000,000 of our common stock from time to time, in the open market or in privately negotiated transactions. During 2019, we repurchased 889,549 common shares for an aggregate price of $12,166,000, or a weighted average price of $13.68 per share, including 474,500 shares that were repurchased during the three months ended June 30, 2019. To date, we have repurchased 8,455,150 common shares for an aggregate price of $117,549,000, or a weighted average price of $13.92 per share and have $82,451,000 available for future repurchases under the program. The amount and timing of future repurchases, if any, will depend on a number of factors, including, the price and availability of our shares, trading volume and general market conditions. The stock repurchase program may be suspended or discontinued at any time.