Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.7.0.1
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Restricted Stock Granted
Restricted stock granted during the six months ended June 30, 2017 was as follows:
Grant Date
 
Final Vesting Date
Shares
Fair Value (1)
January 13, 2017
(2) 
January 13, 2021
1,190,000

$
2,844

January 20, 2017
(2) 
January 20, 2021
301,000

$
674

April 3, 2017
(3) 
January 13, 2021
10,000

$
25,000

May 24, 2017
(2) 
May 24, 2021
240,000

$
535,200

June 7, 2017
(2) 
June 7, 2021
30,000

$
67,800

 
 
 
1,771,000

$
631,518


(1)
Fair value is calculated using the closing price on the grant date.
(2)
Vests in four equal annual installments beginning on the first anniversary of the grant date.
(3)
Vests in four equal installments beginning on January 13, 2018.