Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.7.0.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017, is as follows:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30, 2017
 
June 30, 2017
 
2016 Plan – Time Based Grants:
 
 
 
 
 
 
 
Service LTIPs – non-employee
 
$
388,446
 
$
675,110
 
Service LTIPs – employee
 
 
34,282
 
 
67,400
 
2017 Program – Performance Based Awards:
 
 
 
 
 
 
 
Annual awards – non-employee
 
 
196,473
 
 
260,942
 
Long-term awards – non-employee
 
 
101,626
 
 
136,985
 
Total compensation expense
 
$
720,827
 
$
1,140,437
 
Two Thousand Seventeen Program [Member]  
Schedule of Share-based Compensation, Activity [Table Text Block]
The LTIP units awarded under the 2017 Program on both February 28, 2017 and March 8, 2017 are as follows:
 
Annual Awards on February 28, 2017
 
$
97,243
 
Long-Term Awards on February 28, 2017
 
 
147,081
 
Total LTIP units awarded on February 28, 2017
 
 
244,324
 
Additional Annual and Long-Term awards on March 8, 2017
 
 
12,363
 
Total 2017 Program LTIP units awarded as of June 30, 2017
 
 
256,687
 
2017 Program LTIP units forfeited during the six months ended June 30, 2017
 
 
(16,331)
 
Total 2017 Program LTIP units awarded as of June 30, 2017
 
 
240,356
 
Equity Incentive Plan 2016 [Member]  
Schedule of Share-based Compensation, Activity [Table Text Block]
The LTIP units granted under the 2016 Plan (excluding 2017 Program awards) and subsequent activity during the six months ended June 30, 2017, is 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
 
Additional LTIP units granted during the six months ended June 30, 2017
 
 
21,205
 
Total 2016 Plan LTIP units granted as of June 30, 2017
 
 
435,709
 
2016 Plan LTIP units forfeited during the six months ended June 30, 2017
 
 
(2,760)
 
Total 2016 Plan LTIP units issued and outstanding as of June 30, 2017
 
 
432,949