Stock Incentive Plans (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Information Concerning Restricted Stock Awards

The following table summarizes certain information concerning restricted stock awards:


	Three Months Ended March 31,
	2015					2014
	Awards			Weighted Average Grant Price		Awards			Weighted Average Grant Price
Unvested awards outstanding at beginning of period		1,354,093		$	11.86		1,729,033		$	10.23
Net adjustment due to performance		(46,956	)		10.25		(19,002	)		8.48
Vested		(458,450	)		10.60		(667,956	)		9.01
Forfeited		(2,357	)		17.93		(430	)		10.69
Dividend reinvestment		7,656			14.24		9,612			13.01

Unvested awards outstanding at end of period		853,986			12.63		1,051,257			11.06

Components of Restricted Stock Awards

Compensation. The components of the restricted stock awards as of March 31, 2015 are as follows:


	Service- Based Awards		Performance- Based Awards		Total
Unvested awards		397,593		456,393		853,986
Unrecognized compensation expense	$	2,659	$	1,850	$	4,509
Intrinsic value	$	5,224	$	5,997	$	11,221
Weighted average remaining life (in years)		1.91		1.73		1.81

Summary of Information Concerning Stock Option Awards

The following table summarizes certain information concerning stock option awards:


	Three Months Ended March 31,
	2015					2014
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
Options outstanding at beginning of period		568,834		$	8.86		533,524		$	11.50
Assumed from acquisition		—			—		304,785			5.77
Exercised		(60,094	)		5.04		(87,332	)		6.05
Forfeited		(2,182	)		4.34		(48,172	)		25.79

Options outstanding and exercisable at end of period		506,558			9.33		702,805			8.71

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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