Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2012

The following table summarizes the grants, exchanges and forfeitures of restricted stock and RSUs during 2012, 2011 and 2010:


Type	Date	Restricted Stock Granted/ (Retired)			RSUs Granted/ (Forfeited)			Estimated Fair Value on Grant Date		Initial Vesting	Final Vesting
Exchange	March 2010		(102,084	)		102,084			1,796	July 1, 2010	September 29, 2012
Grant	April 2010		8,364			—			150	July 1, 2010	April 1, 2013
Grant	July 2010		—			5,000			80	October 1, 2010	July 1, 2013
Exchange	July 2010		(16,875	)		16,875			269	October 1, 2010	September 29, 2012
Forfeiture*	August 2010		—			(5,000	)		n/a	n/a	n/a
Forfeiture**	November 2010		(5,077	)		—			n/a	n/a	n/a
Grant	December 2010		5,000			—			83	December 1, 2010	July 1, 2013
Grant	April 2011		9,204						150	July 1, 2011	April 1, 2014
Grant	April 2011		—			5,000			82	July 1, 2011	April 1, 2014
Grant	August 2011		—			308,750			4,586	January 1, 2012	January 1, 2014
Forfeiture *	December 2011		—			(30,000	)		n/a	n/a	n/a
Forfeiture*	February 2012		—			(1,875	)		n/a	n/a	n/a
Grant	March 2012		—			20,000		$	310	March 2013	March 2015
Grant	April 2012		9,584			—		$	150	July 2012	April 2015
Grant	August 2012		1,496			—		$	25	July 2013	July 2015

Total			(90,388	)		420,834

*	Represents RSUs forfeited by a former employee of the Manager in connection with such employee’s resignation from the Manager.

**	Represents restricted stock forfeited by a former director of the Company in connection with such director’s resignation from the Company’s board of directors.

Below is a summary of restricted stock and RSU vesting dates as of December 31, 2012.