Equity Based Compensation (Tables)

3 Months Ended

Mar. 31, 2016

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 March 31, 2016:

	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Yrs.)	Aggregate Intrinsic Value
Outstanding at January 1, 2016	550,000	$	8.67	4.1	$	7,848
Granted	—	—		—	—
Exercised	—	—		—	—
Expired	—	—		—	—
Forfeited	—	—		—	—
Outstanding at March 31, 2016	550,000	$	8.67	3.9	$	11,753
Exercisable on March 31, 2016	550,000	$	8.67	3.9	$	11,753
Expected to vest March 31, 2016	—	$	—	—	$	—

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 three months ended March 31, 2016:

	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value
Outstanding at January 1, 2016	73,334	$	25.95	1.3	$	—
Exercised	—	—		—	—
Outstanding at March 31, 2016	73,334	$	25.95	1.0	$	300
Exercisable on March 31, 2016	40,000	$	25.95	1.0	$	164
Expected to vest March 31, 2016	—	$	—	—	$	—

The following table sets forth the summary of activity for restricted stock grants, including performance-based awards, for the three months ended March 31, 2016:

	Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1, 2016	388,794		$	27.34
Granted	163,968		$	20.55
Vested	(184,247	)	$	22.36
Forfeited	(7,088	)	$	28.03
Nonvested at March 31, 2016	361,427		$	26.78