XML 55 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity and Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Equity and Share-Based Compensation  
Company's non-vested share award activity

 

 

 

Shares

 

Weighted Average
Grant Date Fair
Value

 

Non-vested shares outstanding at December 31, 2011

 

 

 

 

Granted

 

916,594

 

$

13.16

 

Vested

 

 

$

 

Forfeited

 

(17,075

)

$

13.21

 

Non-vested shares outstanding at September 30, 2012

 

899,519

 

$

13.16

 

Summary of share-based compensation costs (after amounts capitalized to oil and gas properties) recognized by the company

The following table summarizes share-based compensation costs (after amounts capitalized to oil and gas properties)recognized as expense by the Company for the periods presented (in thousands):

 

 

 

For the Three Months
Ended September 30,

 

For the Nine Months
Ended September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Restricted and unrestricted Petroleum Inc. shares and Holdings LLC units

 

$

 

$

12,179

 

$

 

$

20,128

 

Incentive units

 

 

 

 

 

2012 LTIP restricted shares

 

886

 

 

1,568

 

 

Total share-based compensation expense

 

$

886

 

$

12,179

 

$

1,568

 

$

20,128