Equity Compensation and Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2018

Retirement Benefits [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The components of compensation expense recognized, net of forfeiture recoveries, related to equity-based compensation is reflected in the table below for the years indicated (in thousands):

	Year Ended December 31,
	2018		2017		2016
Stock options	$	—	$	—	$	—
Restricted stock awards	1,164		459		976
Equity compensation expense	$	1,164	$	459	$	976

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table summarizes the stock option activity under the Incentive Plan for the year ended 2016:

	Number of Shares	Weighted-Average Exercise Price Per Share		Weighted-Average Remaining Contractual Life (in years)	Aggregate Intrinsic Value (in thousands) (1)
Options outstanding at December 31, 2015	15,610	$	5.40	—	$	—
Granted (2)	—	—		—	—
Exercised	(2,709)	7.51		—	25
Cancelled/forfeited	(10,729)	4.83		—	—
Expired	(2,172)	5.61		—	—
Outstanding at December 31, 2016	—	$	—	—	$	—
Exercisable at December 31, 2016	—	$	—	—	$	—

1.The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option.  The per share market value of the Company's common stock, as determined by the closing price on December 30, 2016 was $8.71.

2.The weighted-average grant date fair value of options granted was nil for the year ended December 31, 2016.

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

Information related to the restricted stock awarded for the years ended December 31, 2018, 2017 and 2016 is as follows:

	Number of Shares	Weighted-Average Grant Date Fair Value (1)
Nonvested shares – December 31, 2015	115,317	$	21.55
Granted	372,454	14.64
Forfeited	(150,048)	16.25
Vested	(52,527)	18.18
Nonvested shares – December 31, 2016	285,196	$	15.93
Granted	217,583	7.55
Forfeited	(212,834)	14.62
Vested	(51,008)	15.02
Nonvested shares – December 31, 2017	238,937	$	9.71
Granted	175,563	24.79
Forfeited	(139,000)	12.31
Vested	(23,631)	18.23
Nonvested shares – December 31, 2018	251,869	$	17.99

1.The shares were valued at the closing price of the Company's common stock on the date(s) specified by the award agreements.

Schedule of Stock Options and Restricted Stock Vested

The fair value of restricted stock that vested during the year is as follows for the periods indicated (in thousands):

	Year Ended December 31,
	2018		2017		2016
Stock options	$	—	$	—	$	—
Restricted stock	$	548	$	398	$	746