Annual report pursuant to Section 13 and 15(d)

Equity Incentive Plan (Tables)

v3.3.1.900
Equity Incentive Plan (Tables)
 12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
The following table summarizes the activity related to restricted common stock for the years ended December 31, 2015 and 2014:
 
Year Ended
 
December 31,
 
2015
 
2014
 
Shares
 
Weighted Average Grant Date Fair Market Value
 
Shares
 
Weighted Average Grant Date Fair Market Value
Outstanding at Beginning of Period
2,002,406

 
$
10.32

 
1,024,459

 
$
11.22

Granted
1,177,526

 
10.47

 
1,429,788

 
9.91

Vested
(828,164
)
 
(10.42
)
 
(445,712
)
 
(11.11
)
Forfeited
(61,159
)
 
(10.17
)
 
(6,129
)
 
(9.79
)
Outstanding at End of Period
2,290,609

 
$
10.36

 
2,002,406

 
$
10.32


For the years ended December 31, 2015, 2014 and 2013, the Company recognized compensation costs related to restricted common stock of $9.0 million, $11.7 million, and $3.9 million, respectively.