XML 37 R45.htm IDEA: XBRL DOCUMENT v3.2.0.727
Stock Based Compensation (Outstanding Employee Deferred Stock Awards) (Details)
Jun. 30, 2015
employee
$ / shares
shares
May. 01, 2015
$ / shares
shares
Dec. 31, 2014
$ / shares
shares
May. 09, 2014
$ / shares
shares
Jan. 03, 2014
$ / shares
shares
Apr. 02, 2013
$ / shares
shares
Apr. 04, 2012
$ / shares
shares
Stock Awards [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Grant Date Fair Value | $ / shares $ 17.86   $ 18.12        
Unvested Shares 778,856   506,404        
Stock Awards, Granted April 4 2012 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]             20,121
Grant Date Fair Value | $ / shares             $ 17.80
Of the shares granted, % vested 25.00%            
Of the shares granted, % expected to vest in one year 25.00%            
Of the shares granted, % expected to vest in two years 25.00%            
Of the shares granted, % expected to vest in three years 25.00%            
Unvested Shares [2] 6,770            
Number of employees | employee 2            
Stock Awards, Granted April 2, 2013 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]           118,174  
Grant Date Fair Value | $ / shares           $ 19.47  
Of the shares granted, % vested 25.00%            
Of the shares granted, % expected to vest in one year 25.00%            
Of the shares granted, % expected to vest in two years 25.00%            
Of the shares granted, % expected to vest in three years 25.00%            
Unvested Shares 38,065            
Stock Awards 2, Granted April 2, 2013 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]           0  
Grant Date Fair Value | $ / shares           $ 18.91  
Unvested Shares [3] 0            
Stock Awards, Granted January 2014 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]         95,476    
Grant Date Fair Value | $ / shares         $ 16.45    
Of the shares granted, % expected to vest in one year 20.00%            
Of the shares granted, % expected to vest in two years 20.00%            
Of the shares granted, % expected to vest in three years 20.00%            
Of the shares granted, % expected to vest in four years 20.00%            
Of the shares granted, % expected to vest in five years 20.00%            
Unvested Shares 82,673            
Stock Awards, Granted May 2014 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]       163,163      
Grant Date Fair Value | $ / shares       $ 18.47      
Of the shares granted, % vested 25.00%            
Of the shares granted, % expected to vest in one year 25.00%            
Of the shares granted, % expected to vest in two years 25.00%            
Of the shares granted, % expected to vest in three years 25.00%            
Unvested Shares 97,762            
Stock Awards 2, Granted May 2014 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]       0      
Grant Date Fair Value | $ / shares       $ 18.51      
Unvested Shares [4] 159,271            
Stock Awards, Granted May 2015 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]   271,228          
Grant Date Fair Value | $ / shares   $ 17.59          
Of the shares granted, % vested 25.00%            
Of the shares granted, % expected to vest in one year 25.00%            
Of the shares granted, % expected to vest in two years 25.00%            
Of the shares granted, % expected to vest in three years 25.00%            
Unvested Shares 222,484            
Stock Awards 2, Granted May 2015 [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Net Shares Granted [1]   0          
Grant Date Fair Value | $ / shares   $ 17.59          
Unvested Shares [4] 171,831            
[1] Amounts reflect the total grant to employees, net of shares surrendered upon vesting to satisfy required minimum tax withholding obligations through June 30, 2015.
[2] Unvested shares outstanding represent grants made to two employees beginning their employment in 2012 subsequent to April 4, 2012, and such shares will fully vest by November 7, 2015.
[3] Estimated based on Piedmont's cumulative total stockholder return ("TSR") for the respective performance period through June 30, 2015. As of June 30, 2015, Piedmont's TSR for the fiscal year 2013-2015 performance share program was below threshold. Share estimates are subject to change in future periods based on both Piedmont's and its peers' stock performance and dividends paid.
[4] Estimated based on Piedmont's cumulative TSR for the respective performance period through June 30, 2015. Share estimates are subject to change in future periods based on both Piedmont's and its peers' stock performance and dividends paid.