Restricted Stock Units (RSUs) (Tables)

6 Months Ended

Jun. 30, 2017

Restricted Stock Units (RSUs) [Abstract]

Schedule of Restricted Stock Units

Restricted Stock Units (RSUs)

Non-vested grants at December 31, 2016	733,000
Vested - April 1, 2017 –share price on vesting date was $8.54	(149,500)
Granted – May 16, 2017 – share price on grant date was $7.74	495,000
Vested – May 16, 2017 –share price on vesting date was $7.74	(495,000)
Granted - June 1, 2017 - share price on grant date was $7.49	70,000
Granted- June 6, 2017 – share price on grant date was $8.23	645,000
Forfeited	(6,500)
Non-vested grants at June 30, 2017(1)	1,292,000

(1) Following is the vesting schedule of RSUs.

Vesting Year	RSUs Vesting
2017	346,000
2018	178,250
2019	375,250
2020	231,250
2021	161,250
	1,292,000