Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share-based awards granted

During the nine-month period ended September 30, 2018, the following grants of share-based awards were made under the 2005 Incentive Plan: 

Date of Grant	Shares / Units	Grant Date Fair Value Per Share		Vesting Period
January 2, 2018 (1)	449,271	$	7.54	33% per year over three years
January 2, 2018 (2)	449,271	10.44		100% on January 2, 2021
January 2, 2018 (3)	8,247	7.54		100% on January 1, 2020
April 2, 2018 (3)	11,064	5.79		100% on January 1, 2020
July 2, 2018 (3)	6,565	8.33		100% on January 1, 2020
August 21, 2018 (4)	6,093	8.97		100% on August 21, 2019

(1) Reflects grants of restricted stock to our executive officers.

(2) Reflects grants of performance share units (“PSUs”) to our executive officers. The PSUs provide for an award based on the performance of our common stock over a three-year period with the maximum amount of the award being 200% of the original awarded PSUs and the minimum amount being zero. These awards when vested can only be settled in shares of our common stock.

(3) Reflects grants of restricted stock to certain independent members of our Board of Directors (the “Board”) who have made an election to take their quarterly fees in stock in lieu of cash.

(4) Reflects a grant of restricted stock made to a new independent member of our Board upon his joining our Board.