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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Summary of Restricted Stock Units The following table includes the number of restricted stock units granted, vested, forfeited and outstanding as of March 31, 2019:

 

 

2019

 

 

 

Number of Units

 

 

Weighted Average

Grant Date Fair Value

 

Outstanding January 1,

 

 

464,626

 

 

 

 

 

Granted

 

 

186,662

 

 

 

37.50

 

Vested

 

 

(148,091

)

(1)

 

23.10

 

Forfeited

 

 

 

 

 

 

Outstanding March 31,

 

 

503,197

 

(2)

$

28.17

 

 

(1)

Certain key employees of the Adviser elected to net the taxes owed upon vesting against the shares issued resulting in 143,642 shares being issued as shown on the Consolidated Statement of Stockholders’ Equity.  

(2)

49,772 restricted stock units vest in August 2019, 110,314 vest in February 2020, 69,530 vest in March 2020, 101,266 vest in February 2021, 101,265 vest in February 2022, 35,523 vest in February 2023 and 35,527 vest in February 2024.