Equity and Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2014

Equity and Share-Based Compensation

Summary of changes in the number of outstanding shares

	Number of Shares
	Series A Preferred Stock	Common Stock		Treasury Stock
Share count as of December 31, 2013	325,000	68,925,745		(118,702	)
Grants of restricted stock	—	3,000,128		—
Forfeitures of restricted stock	—	(1,068,797	)	—
Acquisition of treasury stock	—	—		(279,354	)
Share count as of June 30, 2014	325,000	70,857,076		(398,056	)

Summary of Company's non-vested share award activity

	Shares		Weighted Average Grant Date Fair Value
Non-vested shares outstanding at December 31, 2013	2,963,672		$	7.78
Granted	3,000,128		$	4.90
Vested	(987,011	)	$	7.79
Forfeited	(1,068,797	)	$	7.32
Non-vested shares outstanding at June 30, 2014	3,907,992		$	5.69