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Shareholders' Equity and Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Dividends Declared
Common Stock. The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the nine months ended September 30, 2020:
Nine Months Ended
September 30, 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
April 8, 20200.15 April 22, 2020May 1, 2020
May 12, 20200.15 May 22, 2020June 1, 2020
June 10. 20200.13 June 22, 2020July 1, 2020
July 13, 20200.13 July 23, 2020August 4, 2020
August 10, 20200.13 August 21, 2020September 1, 2020
September 14, 20200.13 September 24, 2020October 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:
Nine Months Ended
September 30,
 20202019
SharesWeighted Average Grant Date Fair Value Per ShareSharesWeighted Average Grant Date Fair Value Per Share
Restricted stock outstanding as of beginning of period119,213 $18.56 113,904 $19.19 
Restricted stock granted240,293 13.88 67,997 18.09 
Restricted stock vested(71,431)18.25 (62,688)19.20 
Restricted stock outstanding as of end of period288,075 $14.74 119,213 $18.56