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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of grants of share-based awards
The following grants of share-based awards were made in 2019 under the 2005 Incentive Plan: 
Date of Grant
 
 
Shares/
Units
 
 
Grant Date
Fair Value
Per Share/Unit
 
Vesting Period
 
 
 
 
 
 
 
 
 
 
 
January 2, 2019 (1)
 
 
688,540

 
 
 
$
5.41

 
 
33% per year over three years
January 2, 2019 (2)
 
 
688,540

 
 
 
$
7.60

 
 
100% on January 2, 2022
January 2, 2019 (3)
 
 
11,841

 
 
 
$
5.41

 
 
100% on January 1, 2021
April 1, 2019 (3)
 
 
7,625

 
 
 
$
7.91

 
 
100% on January 1, 2021
July 1, 2019 (3)
 
 
8,727

 
 
 
$
8.63

 
 
100% on January 1, 2021
August 1, 2019 (4)
 
 
7,151

 
 
 
$
8.76

 
 
100% on August 1, 2020
October 1, 2019 (3)
 
 
7,948

 
 
 
$
8.06

 
 
100% on January 1, 2021
December 12, 2019 (5)
 
 
115,003

 
 
 
$
9.13

 
 
100% on December 12, 2020
(1)
Reflects grants of restricted stock to our executive officers and select management employees.
(2)
Reflects grants of PSUs to our executive officers and select management employees. 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 who have elected 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 her joining our Board.
(5)
Reflects annual equity grants to each independent member of our Board.
Summary of information about restricted stock The following table summarizes information about our restricted stock: 
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Shares
 
Grant Date
Fair Value (1)
 
Shares
 
Grant Date
Fair Value (1)
 
Shares
 
Grant Date
Fair Value (1)
 
 
 
 
 
 
 
 
 
 
 
 
Awards outstanding at beginning of year
1,320,989

 
$
7.40

 
1,579,218

 
$
7.63

 
1,577,973

 
$
7.86

Granted
846,835

 
6.02

 
614,286

 
7.46

 
829,143

 
8.39

Vested (2)
(993,361
)
 
6.92

 
(823,310
)
 
7.88

 
(817,791
)
 
8.84

Forfeited
(1,418
)
 
8.82

 
(49,205
)
 
7.62

 
(10,107
)
 
7.01

Awards outstanding at end of year
1,173,045

 
$
6.81

 
1,320,989

 
$
7.40

 
1,579,218

 
$
7.63

(1)
Represents the weighted average grant date fair value, which is based on the quoted closing market price of our common stock on the trading day prior to the date of grant.
(2)
Total fair value of restricted stock that vested during the years ended December 31, 2019, 2018 and 2017 was $6.5 million, $6.4 million and $6.9 million, respectively.
Summary of information about equity PSU awards
The following table summarizes information about our equity PSU awards: 
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Units
 
Grant Date
Fair Value (1)
 
Units
 
Grant Date
Fair Value (1)
 
Units
 
Grant Date
Fair Value (1)
 
 
 
 
 
 
 
 
 
 
 
 
Equity PSU awards outstanding at beginning of year
1,006,360

 
$
11.76

 
613,665

 
$
12.64

 

 
$

Granted
688,540

 
7.60

 
449,271

 
10.44

 
671,771

 
12.64

Forfeited
(129,856
)
 
8.91

 
(56,576
)
 
10.83

 
(58,106
)
 
12.64

Equity PSU awards outstanding at end of year
1,565,044

 
$
10.17

 
1,006,360

 
$
11.76

 
613,665

 
$
12.64

(1)
Represents the weighted average grant date fair value, which is determined using a Monte Carlo simulation model.