Equity Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Option Activity for Stock Options

The following table sets forth the summary of option activity for stock options with service vesting conditions as of June 30, 2015:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Yrs.)		Aggregate Intrinsic Value
Outstanding at January 1, 2015		600,000		$	8.65		5.08
Granted		—			—
Exercised		(50,000	)	$	8.38				1,026
Expired		—			—
Forfeited		—			—
Outstanding at June 30, 2015		550,000		$	8.67		4.64	$	9,828
Exercisable on June 30, 2015		550,000		$	8.67		4.64	$	9,828
Expected to vest June 30, 2015		—		$	—		—	$	—

Summary of Activity for Restricted Stock Grants

The following table sets forth the summary of activity for restricted stock grants, including performance-based awards, for the six months ended June 30, 2015:

	Shares			Weighted Average Grant Date Fair Value
Nonvested at January 1, 2015		346,377		$	19.15
Granted		182,492		$	33.23
Vested		(277,066	)	$	21.23
Forfeited		—		$	—
Nonvested at June 30, 2015		251,803		$	27.07

Market Based Vesting Conditions [Member]

Summary of Option Activity for Stock Options

The following table sets forth the summary of option activity for the Company’s stock options with market condition vesting for the six months ended June 30, 2015:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
Outstanding at January 1, 2015		100,000		$	25.95		2.28	$	—
Exercised		(26,666	)		25.95		—		76
Outstanding at June 30, 2015		73,334		$	25.95		1.79	$	43
Exercisable on June 30, 2015		40,000		$	25.95		1.79	$	24
Expected to vest June 30, 2015		—		$	—		—	$	—