Incentive Share Plan (Tables)

6 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-Based Incentive Plan Activity

A summary of the share-based incentive plan activity as of and for the six months ended June 30, 2014 is as follows:

	Shares		Weighted Average Grant Date Fair Value (1)
Non-vested at January 1, 2014	759,711		$	13.69
Granted	2,049,116		14.40
Modified to new agreements	(633,704	)	13.88
Modified from existing agreements	633,704		14.59
Vested	(119,794	)	12.73
Forfeited	(17,799	)	14.34
Non-vested at June 30, 2014	2,671,234		$	14.44
Available for grant at June 30, 2014	371,409

⁽¹⁾  The fair value of the common shares granted before trading of the common shares commenced on the NYSE MKT on August 26, 2010 were determined based on observable market transactions occurring near the date of the grants. The fair value of the common shares granted subsequent to August 26, 2010 was determined based on the fair value at the date of grant.

Schedule of Nonvested and Vested Shares Activity

A summary of our non-vested and vested shares activity for the six months ended June 30, 2014 and years ended December 31, 2013, 2012 and 2011 is presented below:

	Shares Granted			Shares Vested
	Non-Vested Shares Issued	Weighted Average Grant-Date Fair Value		Vested Shares		Total Vest-Date Fair Value
						(in thousands)
Six months ended June 30, 2014	2,049,116	$	14.40	(119,794	)	$	1,524
Year Ended December 31, 2013	328,005	15.43		(15,270	)	224
Year Ended December 31, 2012	99,700	13.03		(16,208	)	223
Year Ended December 31, 2011	—	—		(5,169	)	—