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Share Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Company's Restricted Common Share Activity

The following table summarizes the Company’s restricted common share activity during the three months ended March 31, 2016:

 

Shares

 

 

Weighted Average Grant Date Fair Value

 

 

Aggregate Intrinsic Value

 

Non-vested at January 1, 2016

 

506,147

 

 

$

14.50

 

 

 

 

 

Granted

 

195,526

 

 

 

12.58

 

 

$

2,448

 

Vested

 

-

 

 

 

-

 

 

 

 

 

Forfeited

 

(3,291

)

 

 

14.49

 

 

 

 

 

Non-vested at March 31, 2016

 

698,382

 

 

$

14.02

 

 

$

9,798

 

 

Schedule of Restricted Performance Share Units Plan

The table below presents certain information as to unvested RPSU awards.

 

 

RPSU Grant

 

 

3/11/2014

 

 

3/12/2014

 

 

2/23/2015

 

 

2/22/2016

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Amounts below in shares, unless otherwise noted)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-vested at January 1, 2016

 

123,155

 

 

 

61,720

 

 

 

179,392

 

 

 

-

 

 

 

364,267

 

   Units Granted

 

-

 

 

 

-

 

 

 

-

 

 

 

231,388

 

 

 

231,388

 

   Units Accelerated for Qualifying Retirement

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Non-vested at March 31, 2016

 

123,155

 

 

 

61,720

 

 

 

179,392

 

 

 

231,388

 

 

 

595,655

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Measurement Period Commencement Date

1/1/2014

 

 

1/1/2014

 

 

1/1/2015

 

 

1/1/2016

 

 

 

 

 

Measurement Period End Date

12/31/2016

 

 

12/31/2016

 

 

12/31/2017

 

 

12/31/2018

 

 

 

 

 

Units Granted

 

134,284

 

 

 

61,720

 

 

 

186,395

 

 

 

231,388

 

 

 

 

 

Fair Value of Units on Grant Date (in thousands)

$

2,624

 

 

$

1,255

 

 

$

3,933

 

 

$

3,558