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Stock Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Information Concerning Restricted Stock Awards

The following table summarizes certain information concerning restricted stock awards:

 

     Six Months Ended June 30,  
     2015      2014  
     Awards      Weighted
Average
Grant
Price
     Awards      Weighted
Average
Grant
Price
 

Unvested awards outstanding at beginning of period

     1,354,093       $ 11.86         1,729,033       $ 10.23   

Granted

     401,510         13.16         357,341         13.63   

Net adjustment due to performance

     (46,956 )       10.25         (87,512 )       11.41   

Vested

     (460,606 )       10.61         (698,121 )       8.77   

Forfeited

     (2,774 )       17.24         (32,909 )       10.99   

Dividend reinvestment

     18,359         14.13         22,501         12.74   
  

 

 

       

 

 

    

Unvested awards outstanding at end of period

     1,263,626         12.82         1,290,333         11.90   
  

 

 

       

 

 

    
Components of Restricted Stock Awards

The components of the restricted stock awards as of June 30, 2015 are as follows:

 

     Service-
Based

Awards
     Performance-
Based
Awards
     Total  

Unvested awards

     663,106         600,520         1,263,626   

Unrecognized compensation expense

   $ 5,165       $ 2,976       $ 8,141   

Intrinsic value

   $ 9,496       $ 8,599       $ 18,095   

Weighted average remaining life (in years)

     2.31         2.20         2.26   
Summary of Information Concerning Stock Option Awards

The following table summarizes certain information concerning stock option awards:

 

     Six Months Ended June 30,  
     2015      2014  
     Shares      Weighted
Average
Exercise
Price
     Shares      Weighted
Average
Exercise
Price
 

Options outstanding at beginning of period

     568,834       $ 8.86         533,524       $ 11.50   

Assumed from acquisitions

     —           —           304,785         5.77   

Exercised

     (82,810 )       5.57         (134,687 )       6.24   

Forfeited

     (2,182 )       4.34         (52,262 )       25.03   
  

 

 

       

 

 

    

Options outstanding and exercisable at end of period

     483,842         9.44         651,360         8.82