Equity Based Compensation (Tables)

9 Months Ended

Sep. 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 September 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 September 30, 2015	550,000		$	8.67	4.38	$	6,281
Exercisable on September 30, 2015	550,000		$	8.67	4.38	$	6,281
Expected to vest September 30, 2015	—		$	—	—	$	—

Summary of Activity for Restricted Stock Grants

The following table sets forth the summary of option activity for the Company’s stock options with market condition vesting for the nine months ended September 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 September 30, 2015	73,334		$	25.95	1.54	$	—
Exercisable on September 30, 2015	40,000		$	25.95	1.54	$	—
Expected to vest September 30, 2015	—		$	—	—	$	—

The following table sets forth the summary of activity for restricted stock grants, including performance-based awards, for the nine months ended September 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 September 30, 2015	251,803		$	27.07