Capital Stock (Tables)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Schedule of Unamortized Value of Restricted Stock

The unamortized value of $1.4 million at September 30, 2014, if all are ultimately vested, will be amortized according to the following schedule.

Amortization Schedule (in thousands)
4th quarter 2014	$	207
1st quarter 2015		201
2nd quarter 2015		162
3rd quarter 2015		162
4th quarter 2015		162
1st quarter 2016		154
2nd quarter 2016		107
3rd quarter 2016		107
4th quarter 2016		107
1st quarter 2017		70
Total unamortized value	$	1,439

Summary of Company's Restricted Share Award Activity

A summary of WMIHC’s restricted share award activity for the nine months ended September 30, 2014 and year ended December 31, 2013 is presented below:

	Number of Restricted Stock Awards Outstanding		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)
Outstanding—January 1, 2013		1,156,078	$	0.4761	$	550
Restricted stock awards granted during 2013		686,273		1.0200		700
Restricted stock awards released or forfeited during 2013		—		—		—
Outstanding—December 31, 2013		1,842,351		0.6787		1,250
Restricted stock awards granted during 2014		500,894		2.6602		1,332
Restricted stock awards released or forfeited during 2014		—		—		—
Outstanding—September 30, 2014		2,343,245	$	1.1023	$	2,582

Schedule of Vesting Shares Subject to Repurchase

The shares subject to repurchase at September 30, 2014 will vest according to the following schedule:

Vesting schedule of shares subject to repurchase
2nd quarter 2014	—
3rd quarter 2014	—
4th quarter 2014	—
1st quarter 2015	781,080
2nd quarter 2015	—
3rd quarter 2015	—
4th quarter 2015	—
1st quarter 2016	395,716
2nd quarter 2016	—
3rd quarter 2016	—
4th quarter 2016	—
1st quarter 2017	166,968
Total	1,343,764

Summary of Company's Restricted Shares Issued and Subject to Repurchase

A summary of the Company’s restricted shares issued and subject to repurchase as of the nine months ended September 30, 2014 and year ended December 31, 2013 is presented below:

Shares subject to repurchase—January 1, 2013		1,156,078
Shares issued subject to vesting during 2013	686,273
Unvested shares repurchased during 2013	—
Shares vested during 2013	(385,364		)
Unvested shares—December 31, 2013	1,456,987
Shares issued subject to vesting during 2014	500,894
Unvested shares repurchased during 2014	—
Shares vested during 2014	(614,117		)
Unvested shares—September 30, 2014	1,343,764