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Equity Based Compensation (Tables)
6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
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, 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 June 30, 2016
 
550,000

 
$
8.67

 
3.6

 
$
11,797

Exercisable on June 30, 2016
 
550,000

 
$
8.67

 
3.6

 
$
11,797

Expected to vest June 30, 2016
 

 
$

 

 
$

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, 2016:
 
 
Shares
 
Weighted
Average
Grant Date
Fair Value
Nonvested at January 1, 2016
 
388,794

 
$
27.34

Granted
 
181,009

 
$
21.44

Vested
 
(197,150
)
 
$
22.72

Forfeited
 
(7,088
)
 
$
28.03

Nonvested at June 30, 2016
 
365,565

 
$
26.89

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, 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 June 30, 2016
 
73,334

 
$
25.95

 
0.8

 
$
306

Exercisable on June 30, 2016
 
40,000

 
$
25.95

 
0.8

 
$
167

Expected to vest June 30, 2016
 

 
$

 

 
$