Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.7.0.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
A detail of compensation expense recognized during the three months ended March 31, 2017, by plan, is as follows:
 
2016 Plan:
 
 
 
 
Service LTIPs – non-employee
 
$
286,664
 
Service LTIPs – employee
 
 
33,118
 
2017 Program:
 
 
 
 
Annual awards – non-employee
 
 
64,469
 
Long-term awards – non-employee
 
 
35,359
 
Total compensation expense
 
$
419,610
 
Two Thousand Seventeen Program [Member]  
Schedule of Share-based Compensation, Activity [Table Text Block]
The Company granted LTIP units under the 2017 Program and experienced forfeitures during the three months ended March 31, 2017 as follows:
 
Annual Awards
 
 
97,243
 
Long-Term Awards
 
 
147,081
 
Total LTIP units granted during the three months ended March 31, 2017
 
 
244,324
 
2017 Program LTIP units forfeited during the three months ended March 31, 2017
 
 
(2,662)
 
Total LTIP units granted in the three months ended March 31, 2017
 
 
241,662
 
Equity Incentive Plan 2016 [Member]  
Schedule of Share-based Compensation, Activity [Table Text Block]
The Company granted LTIP units under the 2016 Plan during the year ended December 31, 2016 and experienced forfeitures during the three months ended March 31, 2017 as follows:
 
LTIP units granted on July 1, 2016
 
 
358,250
 
LTIP units granted on December 21, 2016
 
 
56,254
 
Total LTIP units granted for the year ended December 31, 2016
 
 
414,504
 
2016 Plan LTIP units forfeited during the three months ended March 31, 2017
 
 
(2,760)
 
Total 2016 Plan LTIP units issued and outstanding as of March 31, 2017
 
 
411,744