Share-Based Compensation

3 Months Ended

Mar. 31, 2018

Note 9. Share-Based Compensation

The following tables set forth certain share-based compensation information for the three months ended March 31, 2018 and 2017, respectively:

	Three months ended March 31,
	2018			2017
Expense relating to share grants	$	1,081,000		$	979,000
Amounts capitalized		(107,000	)		(46,000	)
Total charged to operations	$	974,000		$	933,000

The Company’s 2017 Stock Incentive Plan (the “2017 Plan”) establishes the procedures for the granting of, among other things, restricted stock awards. During the three months ended March 31, 2018, there were 596,000 restricted shares issued, with a weighted average grant date fair value of $4.94 per share. At March 31, 2018, 3.4 million shares remained available for grants pursuant to the 2017 Plan.