(11) Stock Plans:

At June 30, 2011, we had five stock-based compensation plans under which grants were made and awards remained outstanding. No further awards may be granted under three of the plans: the 1996 Equity Incentive Plan, the Amended and Restated 2000 Equity Incentive Plan (collectively, together with the 2009 Equity Incentive Plan, the EIP) and the Deferred Fee Plan. At June 30, 2011, there were 12,540,761 shares authorized for grant under these plans and 7,056,403 shares available for grant under two of the plans.

The following summary presents information regarding outstanding stock options as of June 30, 2011 and changes during the six months then ended with regard to options under the EIP:

				Weighted		Weighted
	Shares			Average		Average		Aggregate
	Subject to			Option Price		Remaining		Intrinsic
	Option			Per Share		Life in Years		Value
Balance at January 1, 2011		1,507,000		$	10.50		1.7	$	603,000
Options granted		-		$	-
Options exercised		(10,000	)	$	8.19			$	12,000
Options canceled, forfeited or lapsed		(543,000	)	$	11.67
Balance at June 30, 2011		954,000		$	9.88		1.7	$	-

Exercisable at June 30, 2011		954,000		$	9.88		1.7	$	-

There were no options granted or exercised during the first six months of 2010. There was no intrinsic value to the stock options outstanding and exercisable at June 30, 2010.

The following summary presents information regarding unvested restricted stock as of June 30, 2011 and changes during the six months then ended with regard to restricted stock under the EIP:

				Weighted
				Average
	Number of			Grant Date		Aggregate
	Shares			Fair Value		Fair Value
Balance at January 1, 2011		4,440,000		$	8.29	$	43,199,000
Restricted stock granted		1,712,000		$	9.40	$	13,816,000
Restricted stock vested		(974,000	)	$	9.84	$	7,858,000
Restricted stock forfeited		(99,000	)	$	7.81
Balance at June 30, 2011		5,079,000		$	8.38	$	40,986,000

For purposes of determining compensation expense, the fair value of each restricted stock grant is estimated based on the average of the high and low market price of a share of our common stock on the date of grant. Total remaining unrecognized compensation cost associated with unvested restricted stock awards at June 30, 2011 was $33.7 million and the weighted average period over which this cost is expected to be recognized is approximately two years.

Shares granted during the first six months of 2010 totaled 1,318,000. The total fair value of shares granted and vested during the six months ended June 30, 2010 was approximately $9.4 million and $5.3 million, respectively. The total fair value of unvested restricted stock at June 30, 2010 was $19.4 million. The weighted average grant date fair value of restricted shares granted during the six months ended June 30, 2010 was $7.70.