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Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Outstanding
The following table reflects changes during the nine-month period and a summary of stock options outstanding at September 30, 2016:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
Weighted
 
Remaining
 
Aggregate
 
 
Number of
 
Average
 
Contractual
 
Intrinsic
 
 
Options
 
Exercise
 
Term
 
Value
 
 
Granted
 
Price
 
(Years)
 
(000's)
Non-statutory stock options:
 
 
 
 
 
 
 
 
Outstanding, beginning of period
 
175,000

 
$
26.29

 
 
 
 
Options expired
 
(152,000
)
 
26.84

 
 
 
 
Outstanding, end of period
 
23,000

 
$
22.66

 
0.4
 
$

Exercisable, end of period
 
23,000

 
$
22.66

 
0.4
 
$

Vested or expected to vest, end of period
 
23,000

 
$
22.66

 
0.4
 
$

Summary of Non-Vested Shares
 A summary of the status of Basic’s non-vested share grants at September 30, 2016 and changes during the nine months ended September 30, 2016 is presented in the following table:
 
 
 
 
Weighted Average
 
 
Number of
 
Grant Date Fair
Nonvested Shares
 
Shares
 
Value Per Share
Nonvested at beginning of period
 
1,967,376

 
$
14.34

Granted during period
 
790,263

 
2.73

Vested during period
 
(859,738
)
 
15.03

Forfeited during period
 
(8,511
)
 
23.97

Nonvested at end of period
 
1,889,390

 
$
9.13