Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.8.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2017, is as follows:
 
 
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
 
2016 Plan – Time Based Grants:
 
 
 
 
 
 
 
Service LTIPs – non-employee
 
$
258,033
 
$
933,143
 
Service LTIPs – employee
 
 
56,567
 
 
123,967
 
2017 Program – Performance Based Award Targets:
 
 
 
 
 
 
 
Annual Awards – non-employee
 
 
(22,107)
 
 
238,835
 
Long-Term Awards – non-employee
 
 
47,794
 
 
184,779
 
Total compensation expense
 
$
340,287
 
$
1,480,724
 
Two Thousand Seventeen Program [Member]  
Schedule of Share-based Compensation, Activity [Table Text Block]
The LTIP unit award targets under the 2017 Program and subsequent activity during the nine months ended September 30, 2017, is as follows:
 
 
 
Annual
 
Long-Term
 
Total
 
 
 
 
 
 
 
 
 
Awards on February 28, 2017
 
 
97,243
 
 
147,081
 
 
244,324
 
Awards on August 23, 2017 and May 8, 2017
 
 
8,224
 
 
17,754
 
 
25,978
 
Total 2017 Program LTIP units awarded as of September 30, 2017
 
 
105,467
 
 
164,835
 
 
270,302
 
2017 Program LTIP units forfeited
 
 
(19,338)
 
 
(58,668)
 
 
(78,006)
 
Net 2017 Program LTIP awards as of September 30, 2017
 
 
86,129
 
 
106,167
 
 
192,296
 
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) during the nine months ended September 30, 2017, are as follows:
 
Total 2016 Plan LTIP units granted as of January 1, 2017
 
 
414,504
 
Additional LTIP units granted
 
 
27,179
 
Total 2016 Plan LTIP units granted as of September 30, 2017
 
 
441,683
 
2016 Plan LTIP units forfeited
 
 
(38,733)
 
Net 2016 Plan LTIP units granted and outstanding as of September 30, 2017
 
 
402,950