Redeemable Preferred Stock

3 Months Ended

Mar. 31, 2013

Redeemable Preferred Stock

10. Redeemable Preferred Stock

The following table summarizes the Company’s 7% preferred stock activity for the three months ended March 31, 2013:

	Preferred Shares			Preferred Stock
Balance at January 1, 2013		958,333		$	121,649
Stock-based compensation		—			405
Repurchased preferred stock shares		(318	)		(57	)
Forfeited shares		(998	)		—
Balance at March 31, 2013		957,017		$	121,997