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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Service Condition Unvested Share Activity



 

 

 

 

 



 

Shares

 

Weighted-average grant date fair value

Unvested at December 31, 2015

 

160 

 

$

47.32 

Granted

 

 -

 

$

 -

Vested

 

(160)

 

$

47.32 

Forfeited

 

 -

 

$

 -

Unvested at December 31, 2016

 

 -

 

$

 -

Granted

 

96,286 

 

$

10.54 

Vested

 

(234)

 

$

10.60 

Forfeited

 

(220)

 

$

10.54 

Unvested at December 31, 2017

 

95,832 

 

$

10.54 

Granted

 

23,191 

 

$

10.28 

Vested

 

(30,879)

 

$

10.56 

Forfeited

 

(11,644)

 

$

10.33 

Unvested at December 31, 2018

 

76,500 

 

$

10.48 



Monte Carlo Option-Pricing Model [Member] | Market Based Share Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Estimated Fair Value of Options



 

 

 

Volatility

 

25.0 

%

Stock price

 

$                                                                 10.60

 

Dividend yield

 

7.4 

%

Risk free interest rate

 

0.89% - 1.81% based upon expected time of vesting