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Stock Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Share Activity A rollforward of Piedmont's equity based award activity for the three months ended March 31, 2019 is as follows:

 
Shares
 
Weighted-Average Grant Date Fair Value
Unvested and Potential Stock Awards as of December 31, 2018
1,227,483

 
$
23.14

Performance Stock Awards Vested
(139,127
)
 
$
23.02

Deferred Stock Awards Vested
(20,032
)
 
$
16.95

Deferred Stock Awards Forfeited
(4,484
)
 
$
17.84

Unvested and Potential Stock Awards as of March 31, 2019
1,063,840

 
$
23.29



The following table provides additional information regarding stock award activity during the three months ended March 31, 2019 and 2018, respectively (in thousands, except per share amounts):

 
Three Months Ended
 
March 31,
2019
 
March 31,
2018
Total Grant Date Fair Value of Deferred Stock Vested During the Period
$
340

 
$
723

Share-based Liability Awards Paid During the Period(1)
$
3,239

 
$
2,947



(1) 
Amounts reflect the issuance of performance share awards related to the 2016-18 and 2015-17 Performance Share Plans during the three months ended March 31, 2019 and 2018, respectively.
Schedule of Outstanding Employee Stock Awards A detail of Piedmont’s outstanding stock awards as of March 31, 2019 is as follows:

Date of grant
 
Type of Award
 
Net Shares
Granted (1)
 
Grant
Date Fair
Value
 
Vesting Schedule
 
Unvested Shares
 
May 24, 2016
 
Deferred Stock Award
 
207,753

 
$
19.91

 
Of the shares granted, 25% vested on the date of grant, and 25% vested or will vest on May 24, 2017, 2018, and 2019, respectively.
 
59,781

 
May 18, 2017
 
Deferred Stock Award
 
219,512

 
$
21.38

 
Of the shares granted, 25% vested on the date of grant, and 25% vested or will vest on May 18, 2018, 2019, and 2020, respectively.
 
122,336

 
May 18, 2017
 
Fiscal Year 2017-2019 Performance Share Program
 
—

 
$
30.45

 
Shares awarded, if any, will vest immediately upon determination of award in 2020.
 
251,123

(2) 
May 17, 2018
 
Deferred Stock Award-Board of Directors
 
26,904

 
$
17.84

 
Of the shares granted, 100% will vest by May 17, 2019.
 
26,904

 
May 17, 2018
 
Deferred Stock Award
 
302,042

 
$
17.84

 
Of the shares granted, 25% vested on the date of grant, and 25% vested or will vest on May 17, 2019, 2020, and 2021, respectively.
 
237,664

 
May 17, 2018
 
Fiscal Year 2018-2020 Performance Share Program
 
—

 
$
23.52

 
Shares awarded, if any, will vest immediately upon determination of award in 2021.
 
366,032

(2) 
Total
 
 
 
 
 
 
 
 
 
1,063,840

 

(1) 
Amounts reflect the total original grant to employees and independent directors, net of shares surrendered upon vesting to satisfy required minimum tax withholding obligations through March 31, 2019.
(2) 
Estimated based on Piedmont's cumulative TSR for the respective performance period through March 31, 2019. Share estimates are subject to change in future periods based upon Piedmont's relative performance compared to its peer group of office REITs' TSR.