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Shareholders' Equity and Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Dividends Declared
Common Stock. The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the three months ended March 31, 2020:
Three Months Ended
March 31, 2020
Declaration DateAmount DeclaredRecord DatePayment Date
January 13, 2020$0.15  January 24, 2020February 3, 2020
February 14, 20200.15  February 24, 2020March 2, 2020
March 10, 20200.15  March 23, 2020April 1, 2020
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity The following table presents a rollforward of the restricted stock activity for the periods indicated:
Three Months Ended
March 31,
 20202019
SharesWeighted Average Grant Date Fair Value Per Share
Shares (1)
Weighted Average Grant Date Fair Value Per Share (1)
Restricted stock outstanding as of beginning of period119,213  $18.56  113,904  $19.19  
Restricted stock granted67,511  17.10  50,817  18.30  
Restricted stock vested(48,569) 19.02  (50,380) 19.12  
Restricted stock outstanding as of end of period138,155  $17.69  114,341  $18.83