Share-based Compensation

9 Months Ended

Sep. 30, 2018

Note 8 — Share-based Compensation

We have granted shares of Company common stock and restricted stock to employees, consultants and a non-employee director under our 2017 Omnibus Incentive Plan (the “2017 Plan”) and in connection with the special meeting of stockholders on July 24, 2017.

Total share-based compensation consisted of the following (in thousands):


	Three months ended				Nine months ended
	September 30,				September 30,
	2018		2017		2018		2017
Share-based compensation:
Equity awards	$	2,451	$	8,830	$	13,169	$	8,830
Liability awards		(1,153)		2,305		977		2,305
Total share-based compensation		1,298		11,135		14,146		11,135
Capitalized share-based compensation		183		(659)		(1,415)		(659)
Total share-based compensation expense	$	1,481	$	10,476	$	12,731	$	10,476

Certain employee contracts provided for cash bonuses upon a positive final investment decision (“FID”) in the Project (the “FID Bonus”). In January 2018, the nominating, corporate governance and compensation committee of the board of directors approved, and certain employees party to such contracts accepted, an amendment to such contracts whereby the FID Bonuses would be settled in shares of Company common stock equal to 110% of the FID Bonus. The associated liability for FID Bonuses to be settled in shares of Company common stock of $0.8 million is included in share-based compensation liability in our Consolidated Balance Sheets at September 30, 2018.