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STOCK-BASED COMPENSATION (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Stock-based compensation            
Total stock-based compensation costs     $ 18,383 [1],[2] $ 22,318 [1] $ 35,104 [1]  
Less: stock-based compensation costs capitalized     (7,808) [1],[2] (7,353) [1] (14,867) [1]  
Stock-based compensation costs expensed     10,575 [1],[2] 14,965 [1] 20,237 [1]  
Unamortized stock-based compensation costs as of December 31, 2013     17,790 [1],[2],[3]      
Weighted average amortization period remaining as of December 31, 2013 (in years)     1 year 7 months 6 days [1],[2]      
Stock option activity            
Options outstanding at beginning of period (in shares) 1,957,900 1,327,695 870,816 1,766,587 1,327,695  
Granted (in shares) 0 0 0 0    
Exercised (in shares) (161,834) (29,711) 0 0    
Cancelled (in shares) (29,479) (13,273) (239,610) (895,771)    
Spin-off adjustment (in shares)   673,189 [4]        
Options outstanding at end of period (in shares) 1,766,587 1,957,900 631,206 870,816 1,766,587  
Stock Options, Weighted Average Exercise Price            
Options outstanding, beginning of period (in dollars per share) $ 14.29 $ 21.67 $ 17.86 $ 14.55 $ 21.67  
Granted (in dollars per share) $ 0 $ 0 $ 0 $ 0    
Exercised (in dollars per share) $ 11.32 $ 18.55 $ 0 $ 0    
Cancelled (in dollars per share) $ 14.86 $ 25.11 $ 19.55 $ 11.33    
Options outstanding, end of period (in dollars per share) $ 14.55 $ 14.29 $ 17.21 $ 17.86 $ 14.55  
Stock Options, Aggregate Intrinsic Value            
Aggregate intrinsic value for stock options at beginning of the period 187 [5] 22,531 [5] 0 [5] 2,731 [5] 22,531 [5]  
Aggregate intrinsic value for stock options exercised 634 [5] 331 [5] 0 [5] 0 [5]    
Aggregate intrinsic value for stock options at end of the period 2,731 [5] 187 [5] 0 [5] 0 [5] 2,731 [5]  
Stock Options, Number of Options Exercisable            
Options outstanding, exercisable number (in shares) 1,766,587 1,957,900 631,206 870,816 1,766,587 1,283,232
One-time Employee Termination Benefits
           
Stock-based compensation            
Total stock-based compensation costs     4,900      
Stock-based compensation costs expensed     2,100      
Stock Options
           
Stock-based compensation            
Total stock-based compensation costs     0 0 1,536  
Less: stock-based compensation costs capitalized     0 0 (663)  
Stock-based compensation costs expensed     0 0 873  
Unamortized stock-based compensation costs as of December 31, 2013     0      
Weighted average amortization period remaining as of December 31, 2013 (in years)     0 years      
Restricted Stock
           
Stock-based compensation            
Total stock-based compensation costs     12,149 14,621 30,234  
Less: stock-based compensation costs capitalized     (5,355) (5,219) (13,113)  
Stock-based compensation costs expensed     6,794 9,402 17,121  
Unamortized stock-based compensation costs as of December 31, 2013     9,611      
Weighted average amortization period remaining as of December 31, 2013 (in years)     1 year 6 months      
Share-based compensation plan activity            
Unvested stock, beginning of period (in shares) 2,556,092 2,272,321 2,721,637 2,474,112 2,272,321  
Awarded (in shares) 25,700 1,025,782 2,163,877 1,743,757    
Vested (in shares) (48,560) (610,681) (1,286,322) (956,547)    
Forfeited (in shares) (59,120) (131,330) (808,650) (539,685)    
Spin-off adjusment (in shares)   0        
Vested due to spin-off (in shares)   0        
Unvested stock, end of period (in shares) 2,474,112 2,556,092 2,790,542 2,721,637 2,474,112  
Weighted Average Grant Date Fair Value            
Unvested at beginning of period (in dollars per share) $ 24.18 $ 32.71 $ 17.64 $ 24.00 $ 32.71  
Awarded (in dollars per share) $ 15.19 $ 27.30 $ 6.04 $ 9.95    
Vested (in dollars per share) $ 28.84 $ 61.33 $ 18.07 $ 19.51    
Forfeited (in dollars per share) $ 23.93 $ 23.51 $ 11.47 $ 18.65    
Unvested at end of period (in dollars per share) $ 24.00 $ 24.18 $ 10.23 $ 17.64 $ 24.00  
Vest Date Fair Value            
Vested, vest date fair value 595 18,416 6,911 7,667    
Performance Units
           
Stock-based compensation            
Total stock-based compensation costs     2,288 6,838 3,178  
Less: stock-based compensation costs capitalized     (431) (1,565) (957)  
Stock-based compensation costs expensed     1,857 5,273 2,221  
Unamortized stock-based compensation costs as of December 31, 2013     3,517 [3]      
Weighted average amortization period remaining as of December 31, 2013 (in years)     1 year 10 months 24 days      
Share-based compensation plan activity            
Unvested stock, beginning of period (in shares) 664,240 264,500 939,180 655,120 264,500  
Awarded (in shares) 0 226,000 1,182,500 789,500    
Vested (in shares) 0 0 (203,240) (323,760)    
Forfeited (in shares) (9,120) (41,000) (407,300) (181,680)    
Spin-off adjusment (in shares)   233,740 [6]        
Vested due to spin-off (in shares)   (19,000) [7]        
Unvested stock, end of period (in shares) 655,120 664,240 1,511,140 939,180 655,120  
Weighted Average Grant Date Fair Value            
Unvested at beginning of period (in dollars per share) $ 19.52 $ 31.63 $ 15.20 $ 19.50 $ 31.63  
Awarded (in dollars per share) $ 0 $ 27.53 $ 5.47 $ 13.40    
Vested (in dollars per share) $ 0 $ 0 $ 19.60 $ 18.18    
Forfeited (in dollars per share) $ 20.81 $ 29.98 $ 9.68 $ 17.55    
Vested due to spin-off (in dollars per share)   $ 20.81        
Unvested at end of period (in dollars per share) $ 19.50 $ 19.52 $ 8.48 $ 15.20 $ 19.50  
Vest Date Fair Value            
Vested, vest date fair value 0 0 0 0    
Vested due to spin-off, vest date fair value   0        
Phantom Stock Units
           
Stock-based compensation            
Total stock-based compensation costs     3,946 859 156  
Less: stock-based compensation costs capitalized     (2,022) (569) (134)  
Stock-based compensation costs expensed     1,924 290 22  
Unamortized stock-based compensation costs as of December 31, 2013     4,662 [3]      
Weighted average amortization period remaining as of December 31, 2013 (in years)     1 year 9 months 18 days      
Share-based compensation plan activity            
Unvested stock, beginning of period (in shares) 315,024 510,609 1,161,737 1,238,817 510,609  
Awarded (in shares) 941,300 500 1,808,701 718,500    
Vested (in shares) (3,505) (52,587) (577,201) (608,543)    
Forfeited (in shares) (14,002) (25,737) (468,418) (187,037)    
Spin-off adjusment (in shares)   225,004 [6]        
Vested due to spin-off (in shares)   (342,765) [7]        
Unvested stock, end of period (in shares) 1,238,817 315,024 1,924,819 1,161,737 1,238,817  
Weighted Average Grant Date Fair Value            
Unvested at beginning of period (in dollars per share) $ 12.15 $ 24.79 $ 9.91 $ 14.32 $ 24.79  
Awarded (in dollars per share) $ 15.08 $ 28.24 $ 6.28 $ 6.73    
Vested (in dollars per share) $ 17.07 $ 60.04 $ 10.60 $ 14.15    
Forfeited (in dollars per share) $ 16.21 $ 19.12 $ 8.03 $ 13.10    
Vested due to spin-off (in dollars per share)   $ 15.15        
Unvested at end of period (in dollars per share) $ 14.32 $ 12.15 $ 6.75 $ 9.91 $ 14.32  
Vest Date Fair Value            
Vested, vest date fair value 43 1,449 2,881 4,511    
Vested due to spin-off, vest date fair value   3,246        
Employee Stock Purchase Plan
           
Stock-based compensation            
Total stock-based compensation costs     $ 200 $ 400 $ 500  
Weighted Average Grant Date Fair Value            
Awarded (in dollars per share)     $ 1.29 $ 2.43 $ 5.00  
[1] The Company also maintains an employee stock purchase plan (which is not included in the table) under which $.2 million, $.4 million, and $.5 million of compensation costs were recognized for the years ended December 31, 2013, 2012, and 2011, respectively.
[2] In connection with the 2013 divestitures of the South Texas and Texas Panhandle oil and natural gas properties, Forest incurred $4.9 million ($2.1 million net of capitalized amounts) in stock-based compensation costs due to accelerated vesting of involuntarily terminated employees’ awards. See Note 2 for more information regarding these divestitures.
[3] The unamortized stock-based compensation costs for liability-based awards are based on the closing price of Forest’s common stock at the reporting period end.
[4] In conjunction with the spin-off of Lone Pine, both the number of options outstanding and the option exercise prices were adjusted in accordance with antidilution provisions provided in the Stock-based Compensation Plans.
[5] The intrinsic value of a stock option is the amount by which the market value of the underlying stock, as of the date outstanding or exercised, exceeds the exercise price of the option.
[6] In conjunction with the spin-off of Lone Pine, the number of performance units and phantom stock units outstanding was adjusted in accordance with antidilution provisions provided in the Stock-based Compensation Plans. In addition, the initial stock prices used to measure Forest’s total shareholder returns over the performance periods of the performance units were adjusted in accordance with the antidilution provisions provided in the Stock-based Compensation Plans. The number of restricted stock awards outstanding was not adjusted as a result of the spin-off since holders of restricted stock awards received Lone Pine common shares in the spin-off.
[7] In conjunction with the spin-off of Lone Pine, Lone Pine employees were deemed to have been involuntarily terminated under the terms of their phantom stock and performance unit agreements, and, therefore, all such awards held by Lone Pine employees vested on September 30, 2011. The phantom stock awards were settled in cash by Lone Pine. No shares were deliverable under the performance unit agreement. No Forest restricted stock awards were held by Lone Pine employees at the time of the spin-off.