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Equity-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Performance-Based Unvested Stock Unit and Performance-Based Unvested Stock Unit

A summary of the 2019 performance-based unvested stock and performance-based unvested stock unit awards are presented in the following table:    

 

 

Shares/units

(in thousands)

 

 

Weighted

Average

Grant-Date

Fair Value

 

Unvested at December 31, 2018

 

 

 

 

$

 

Granted

 

 

2,927

 

 

$

2.59

 

Forfeited

 

 

(642

)

 

$

3.20

 

Unvested at December 31, 2019

 

 

2,285

 

 

$

2.42

 

Summary of Performance-Based Unvested Stock Unit Activity

A summary of performance-based unvested stock unit activity is as follows:

 

 

 

Units

(in thousands)

 

 

Weighted

Average

Grant-Date

Fair Value

 

Unvested at December 31, 2016

 

 

261

 

 

$

17.98

 

Vested

 

 

(141

)

 

 

17.90

 

Forfeited

 

 

(6

)

 

 

18.23

 

Unvested at December 31, 2017

 

 

114

 

 

$

18.06

 

Vested

 

 

(114

)

 

 

18.06

 

Forfeited

 

 

 

 

 

 

Unvested at December 31, 2018

 

 

 

 

$

 

Vested

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Unvested at December 31, 2019

 

 

 

 

$

 

 

Summary of Activity of Unvested Restricted Stock and Stock Unit Awards

A summary of the activity of our unvested restricted stock and stock unit awards are presented in the following table:

 

 

 

Shares/units

(in thousands)

 

 

Weighted

Average

Grant-Date

Fair Value

 

Unvested at December 31, 2016

 

 

1,175

 

 

$

11.30

 

Granted

 

 

496

 

 

 

12.43

 

Vested and distributed

 

 

(306

)

 

 

11.91

 

Forfeited

 

 

(58

)

 

 

12.28

 

Unvested at December 31, 2017

 

 

1,307

 

 

$

11.55

 

Granted

 

 

730

 

 

 

9.35

 

Vested and distributed

 

 

(457

)

 

 

10.91

 

Forfeited

 

 

(164

)

 

 

11.31

 

Unvested at December 31, 2018

 

 

1,416

 

 

$

10.65

 

Granted

 

 

437

 

 

 

5.39

 

Vested and distributed

 

 

(779

)

 

 

9.16

 

Forfeited

 

 

(81

)

 

 

10.74

 

Unvested at December 31, 2019

 

 

993

 

 

$

9.50

 

 

Summary of Vesting Provisions for Restricted Stock and Stock Unit Awards

The vesting provisions for the restricted stock and stock unit awards and the related number of shares granted during the year ended December 31 are as follows:

 

 

 

Shares/units (in thousands)

 

Vesting Terms

 

2019

 

 

2018

 

 

2017

 

50% immediately and 50% on the 1 year anniversary of grant date

 

 

162

 

 

 

 

 

 

 

100% immediately

 

 

186

 

 

 

132

 

 

 

106

 

33.3% per year for three years

 

 

89

 

 

 

452

 

 

 

85

 

100% on February 14, 2020

 

 

 

 

 

 

 

 

305

 

100% on July 31, 2018

 

 

 

 

 

146

 

 

 

 

Total restricted stock and stock units granted

 

 

437

 

 

 

730

 

 

 

496