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Stock Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Restricted Common Stock Grant Awards by Year for Grant Years with Unvested Shares and Remaining Vesting Schedule
The following table summarizes employee restricted common stock grant awards by year for grant years with unvested shares outstanding at December 31, 2014 and the remaining vesting schedule.
 
 
2014
 
2013
 
2012
 
2011
 
Number of shares of restricted common stock:
 

 
 

 
 

 
 

 
Granted during the year
482,001

 
494,420

 
155,000

 
663,530

 
Unvested at December 31, 2014
341,861

 
154,040

 
51,500

 
144,802

 
Scheduled to vest during the year ending:
 

 
 

 
 

 
 

 
December 31, 2015
156,137

 
152,040

 
51,500

 
79,802

 
December 31, 2016
157,337

 
2,000

 

 
65,000

(1)
December 31, 2017
28,387

 

 

 

 
 _______________________________
(1)
Shares of restricted common stock granted under a performance-based award which will vest on June 30, 2016 if the performance conditions are met.
Share-based Compensation, Performance Shares Award Unvested Activity
The following table summarizes restricted stock units awarded by year for grant years with unvested units outstanding at December 31, 2014.
 
 
2014
 
2013
Number of shares of restricted stock units:
 
 
 
 
 
   Granted during the year
 
395,900

 
 
432,300

   Unvested at December 31, 2014
 
382,600

 
 
393,900

Vest date
February 1, 2017
 
 
February 1, 2016
 
Performance measurement period:
 
 
 
 
 
   Fiscal year ended
December 31, 2016
 
 
December 31, 2015
 
Restricted Common Stock Activity in Stock Incentive Plans
The following table summarizes restricted common stock and performance-based restricted stock unit activity in our stock incentive plans for the year ended December 31, 2014.
 
 
Restricted Common Stock
 
Restricted Stock Units
 
Number of
Shares
 
Weighted Average
Grant Date Fair Value
 
Number of
Units
 
Weighted Average
Grant Date Fair Value
Unvested at beginning of year
781,644

 
 
$
11.46

 
 
409,100

 
 
$
9.22

 
Granted
514,507

 
 
12.58

 
 
395,900

 
 
12.14

 
Vested
(512,042
)
 
 
(11.91
)
 
 

 
 

 
Forfeited
(31,408
)
 
 
(11.91
)
 
 
(28,500
)
 
 
(10.58
)
 
Unvested at end of year
752,701

 
 
11.90

 
 
776,500

 
 
10.66

 
Option Activity in Stock Incentive Plans
The following table summarizes option activity in our stock incentive plans for the year ended December 31, 2014.
 
 
Number of
Options
 
Weighted Average
Exercise Price
Outstanding at beginning of year
1,102,650

 
 
$
26.68

 
Expired
(1,066,650
)
 
 
(26.62
)
 
Outstanding and exercisable at end of year
36,000

 
 
28.58