Equity-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2015

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

Schedule of Employee Stock Performance Activity

The activity related to the Company’s time-vesting and performance-vesting share awards during the nine months ended September 30, 2015 is as follows:

						Performance-Vesting Restricted shares
	Time-Vesting Restricted shares					Bonus Performance Restricted shares					Long-Term Incentive Performance Restricted shares					2.25x Performance Restricted shares					2.75x Performance Restricted shares
	Shares			Weighted Average Grant Date Fair Value per Share		Shares			Weighted Average Grant Date Fair Value per Share		Shares			Weighted Average Grant Date Fair Value per Share		Shares			Weighted Average Grant Date Fair Value per Share		Shares			Weighted Average Grant Date Fair Value per Share
Outstanding at December 31, 2014		164,545		$	11.68		—			—		—			—		1,451,453		$	20.96		1,451,453		$	12.61
Granted		941,994		$	18.60		462,895		$	18.99		79,279		$	18.90		—			—		—			—
Vested		(156,733	)	$	14.46		—			—		—			—		—			—		—			—
Forfeited		(60,985	)	$	12.78		(28,955	)	$	18.96		(11,673	)	$	18.96		(80,632	)	$	22.90		(80,632	)	$	15.76
Outstanding at September 30, 2015		888,821		$	18.49		433,940		$	19.00		67,606		$	18.89		1,370,821		$	20.63		1,370,821		$	11.81

Schedule of Activity Related to Stock Option Awards

The activity related to the Company’s stock option awards during the nine months ended September 30, 2015 is as follows:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value
Outstanding at December 31, 2014		—			—
Granted		2,409,282		$	19.20
Forfeited		(88,144	)	$	18.96
Outstanding at September 30, 2015		2,321,138		$	19.21		9.56	$	101
Exercisable at September 30, 2015		—			—		—		—

Schedule of Key Weighted-average Assumptions Utilized in Black-Scholes Option Pricing Model for Stock Options Granted

Key weighted-average assumptions utilized in the Black-Scholes Option Pricing Model for stock options granted during the nine months ended September 30, 2015 were:

Grant date fair value	$	4.39
Risk- free interest rate		1.66	%
Expected volatility		36.71	%
Expected dividend yield		4.37	%
Expected life (in years)		6.25