XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Capital (Tables)
3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Summary of Common Shares Outstanding [Table Text Block]
Detailed below is a roll forward of the Company's common shares outstanding for the three month periods ended March 31, 2018 and 2017:
 
 
Three Month Period Ended
March 31,
 
 
2018
 
2017
Common Shares Outstanding (12/31/2017 and 12/31/2016, respectively)
 
13,340,217

 
9,130,897

Share Activity:
 
 
 
 
Shares repurchased
 
(512,367
)
 

Common Shares Outstanding (3/31/2018 and 3/31/2017, respectively)
 
12,827,850

 
9,130,897

Unvested restricted shares outstanding (3/31/2018 and 3/31/2017, respectively)
 
15,945

 
16,395

Vesting schedule for restricted shares [Table Text Block]
The below table provides details on the Company's restricted shares granted pursuant to share award agreements which are unvested at March 31, 2018:
Grant Recipient
 
Number of Restricted Shares Granted
 
Grant Date
 
Vesting Date(1)
Independent trustees:
 
 
 
 
 
 
 
 
9,976

 
September 12, 2017
 
September 11, 2018
Partially dedicated employees:
 
 
 
 
 
 
 
 
2,630

 
December 12, 2017
 
December 12, 2018
 
 
1,783

 
December 12, 2017
 
December 12, 2019
 
 
1,556

 
December 13, 2016
 
December 13, 2018

(1)
Date at which such restricted shares will vest and become non-forfeitable.