Incentive Plan

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Incentive Plan

Incentive Plan

A summary of the activity under the Company's 2014 Incentive Plan, as amended, for the three and nine months ended September 30, 2020 and 2019 is included in the table below, as well as compensation expense recognized from the amortization of the value of shares over the applicable vesting periods.

		Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in thousands)		2020		2019		2020		2019
Stock-based awards, beginning of period		1,020,000		813,752		909,892		709,487
	Stock in lieu of compensation	36,349		14,862		92,104		72,391
	Stock awards	108,169		81,278		178,432		149,438
	Total stock granted	144,518		96,140		270,536		221,829
	Vested shares	—		—		(15,910)		(21,424)
Stock-based awards, end of period		1,164,518		909,892		1,164,518		909,892
Amortization expense		$	1,284	$	1,007	$	3,373	$	2,759