Share-Based Payments

9 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Share-Based Payments

Share-Based Payments

During the nine months ended September 30, 2019, the Company granted 103,590 shares of time-based restricted stock and 87,344 shares of total return-based restricted stock with weighted average grant date fair values per share of $45.98 and $39.42, respectively. We recorded share-based compensation expense of $0.7 million and $1.1 million during the three months ended September 30, 2019 and 2018, respectively, and $6.2 million and $6.6 million during the nine months ended September 30, 2019 and 2018, respectively. At September 30, 2019, there was $6.2 million of total unrecognized share-based compensation costs, which will be recognized over a weighted average remaining contractual term of 2.3 years.