Quarterly report pursuant to Section 13 or 15(d)

SHARE BASED COMPENSATION (Tables)

v3.7.0.1
SHARE BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share Based Compensation Plans
The number of shares and weighted average grant price of restricted stock awards during the three months ended March 31, 2017 were as follows:
 
Number of Shares
 
Weighted Average Grant Price
Non-vested as of December 31, 2016
503,407

 
$
14.60

Restricted stock awards granted:
 
 
 
Non-employee directors
30,853

 
$
11.67

Employees
232,000

 
$
11.67

Vested
(277,002
)
 
$
14.72

Forfeited
(1,362
)
 
$
14.12

Non-vested as of March 31, 2017
487,896

 
$
12.95