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STOCK-BASED COMPENSATION (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Stock-based compensation      
Total stock-based compensation costs $ 1,748 [1] $ 7,125 [1],[2]  
Less: stock-based compensation costs capitalized (919) [1] (2,964) [1],[2]  
Stock-based compensation costs expensed 829 [1] 4,161 [1],[2]  
Unamortized stock-based compensation costs 11,714 [1],[3]    
Weighted average amortization period remaining 1 year 6 months [1]    
Stock option activity      
Options outstanding at beginning of period (in shares) 631,206    
Granted (in shares) 0    
Exercised (in shares) 0    
Cancelled (in shares) (171,377)    
Options outstanding at end of period (in shares) 459,829    
Stock Options, Weighted Average Exercise Price      
Options outstanding, beginning of period (in dollars per share) $ 17.21    
Granted (in dollars per share) $ 0.00    
Exercised (in dollars per share) $ 0.00    
Cancelled (in dollars per share) $ 13.88    
Options outstanding, end of period (in dollars per share) $ 18.45    
Stock Options, Aggregate Intrinsic Value      
Aggregate intrinsic value for stock options at beginning of the period 0 [4]    
Aggregate intrinsic value for stock options exercised 0 [4]    
Aggregate intrinsic value for stock options at end of the period 0 [4]    
Stock Options, Number of Options Exercisable      
Options outstanding, exercisable number (in shares) 459,829   631,206
One-time Employee Termination Benefits
     
Stock-based compensation      
Total stock-based compensation costs   2,000  
Stock-based compensation costs expensed   1,000  
Restricted Stock
     
Stock-based compensation      
Total stock-based compensation costs 1,571 4,235  
Less: stock-based compensation costs capitalized (799) (1,822)  
Stock-based compensation costs expensed 772 2,413  
Unamortized stock-based compensation costs 6,887 [3]    
Weighted average amortization period remaining 1 year 3 months 18 days    
Share-based compensation plan activity      
Unvested at beginning of period (in shares/units) 2,790,542    
Awarded (in shares/units) 1,000    
Vested (in shares/units) (349,118)    
Forfeited (in shares/units) (217,173)    
Unvested at end of period (in shares/units) 2,225,251 [5]    
Weighted Average Grant Date Fair Value      
Unvested at beginning of period (in dollars per share/unit) $ 10.23    
Awarded (in dollars per share/unit) $ 1.82    
Vested (in dollars per share/unit) $ 8.68    
Forfeited (in dollars per share/unit) $ 9.85    
Unvested at end of period (in dollars per share/unit) $ 10.51    
Vest Date Fair Value      
Vested, Vest Date Fair Value 1,166    
Restricted Stock | Cliff Vest On Third Anniversary of Award Date
     
Vest Date Fair Value      
Award vesting period (in years) 3 years    
Restricted Stock | Granted in 2013 | Vesting Schedule One-Third On Each Of the First Three Anniversary Dates of the Grant
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 486,385    
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 33.33333%    
Award vesting period (in years) 3 years    
Performance Units
     
Stock-based compensation      
Total stock-based compensation costs 2 1,628  
Less: stock-based compensation costs capitalized (6) (473)  
Stock-based compensation costs expensed (4) 1,155  
Unamortized stock-based compensation costs 2,749 [3]    
Weighted average amortization period remaining 1 year 8 months 12 days    
Share-based compensation plan activity      
Unvested at beginning of period (in shares/units) 1,511,140    
Awarded (in shares/units) 0    
Vested (in shares/units) 0    
Forfeited (in shares/units) (170,300)    
Unvested at end of period (in shares/units) 1,340,840 [6]    
Weighted Average Grant Date Fair Value      
Unvested at beginning of period (in dollars per share/unit) $ 8.48    
Awarded (in dollars per share/unit) $ 0.00    
Vested (in dollars per share/unit) $ 0.00    
Forfeited (in dollars per share/unit) $ 9.33    
Unvested at end of period (in dollars per share/unit) $ 8.38    
Vest Date Fair Value      
Vested, Vest Date Fair Value 0    
Performance period for cash settled and share settled performance units 36 months    
Performance Units | Granted in 2013 | Cash-settled
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 598,500    
Phantom Stock Units
     
Stock-based compensation      
Total stock-based compensation costs 175 1,262  
Less: stock-based compensation costs capitalized (114) (669)  
Stock-based compensation costs expensed 61 593  
Unamortized stock-based compensation costs 2,078 [3]    
Weighted average amortization period remaining 1 year 8 months 12 days    
Share-based compensation plan activity      
Unvested at beginning of period (in shares/units) 1,924,819    
Awarded (in shares/units) 67,000    
Vested (in shares/units) (313,287)    
Forfeited (in shares/units) (139,128)    
Unvested at end of period (in shares/units) 1,539,404 [7]    
Weighted Average Grant Date Fair Value      
Unvested at beginning of period (in dollars per share/unit) $ 6.75    
Awarded (in dollars per share/unit) $ 3.51    
Vested (in dollars per share/unit) $ 7.07    
Forfeited (in dollars per share/unit) $ 7.19    
Unvested at end of period (in dollars per share/unit) $ 6.51    
Vest Date Fair Value      
Vested, Vest Date Fair Value 1,065    
Phantom Stock Units | Vest Over Four Year Period | First Anniversary of the Grant Date
     
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 10.00%    
Phantom Stock Units | Vest Over Four Year Period | Second Anniversary of the Grant Date
     
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 20.00%    
Phantom Stock Units | Vest Over Four Year Period | Third Anniversary of the Grant Date
     
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 30.00%    
Phantom Stock Units | Vest Over Four Year Period | Fourth Anniversary Of the Grant Date
     
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 40.00%    
Phantom Stock Units | Granted in 2011 | Vesting Schedule One-Third On Each Of the First Three Anniversary Dates of the Grant
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 136,619    
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 33.33333%    
Award vesting period (in years) 3 years    
Phantom Stock Units | Granted in 2012 | Vest Over Four Year Period
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 270,000    
Vest Date Fair Value      
Award vesting period (in years) 4 years    
Phantom Stock Units | Granted in 2013 | Vesting Schedule One-Third On Each Of the First Three Anniversary Dates of the Grant
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 527,785    
Vest Date Fair Value      
Vesting rate per anniversary date of grant (as a percent) 33.33333%    
Award vesting period (in years) 3 years    
Phantom Stock Units | Granted in 2013 | Cliff Vest On Third Anniversary of Award Date
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 493,000    
Vest Date Fair Value      
Award vesting period (in years) 3 years    
Phantom Stock Units | Granted in 2013 | Vest Over Four Year Period
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 45,000    
Vest Date Fair Value      
Award vesting period (in years) 4 years    
Phantom Stock Units | Granted in 2014 | Cliff Vest On Third Anniversary of Award Date
     
Share-based compensation plan activity      
Unvested at end of period (in shares/units) 67,000    
Vest Date Fair Value      
Award vesting period (in years) 3 years    
Employee Stock Purchase Plan
     
Stock-based compensation      
Total stock-based compensation costs $ 30 $ 100  
[1] Forest also maintains an employee stock purchase plan (which is not included in the table) under which $.03 million and $.1 million of compensation cost was recognized for the three month periods ended March 31, 2014, and 2013, respectively,
[2] In connection with the divestiture of the South Texas oil and natural gas properties in the first quarter of 2013, Forest incurred $2.0 million ($1.0 million net of capitalized amounts) in stock-based compensation costs due to accelerated vesting of involuntarily terminated employees’ awards. See Note 5 for more information regarding this divestiture.
[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] 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.
[5] Of the unvested restricted stock as of March 31, 2014, 486,385 shares, which were granted in 2013, vest in one-third increments on each of the first three anniversary dates of the grant. All other unvested shares of restricted stock cliff vest on the third anniversary of the date of grant.
[6] Of the unvested performance units as of March 31, 2014, 598,500, which were granted in 2013, are cash-based and the remaining unvested performance units are share-based. For both cash- and share-based performance units, the actual settlement amount is dependent upon Forest’s relative total shareholder return in comparison to a specified peer group over a thirty-six month performance period. The cash-based performance units are accounted for as a liability within the Condensed Consolidated Financial Statements.
[7] All of the unvested phantom stock units as of March 31, 2014 must be settled in cash. The phantom stock units have been accounted for as a liability within the Condensed Consolidated Financial Statements. All of the phantom stock units that vested during the three months ended March 31, 2014 were settled in cash. Of the unvested phantom stock units as of March 31, 2014, (i) 136,619 were granted in 2011 and 527,785 were granted in 2013 and vest in one-third increments on each of the first three anniversaries of the grant date, (ii) 493,000 were granted in 2013 and 67,000 were granted in 2014 and cliff vest on the third anniversary of the grant date, (iii) and 270,000 were granted in 2012 and 45,000 were granted in 2013 and vest over a four-year period in accordance with the following schedule: (a) 10% on the first anniversary of the grant date; (b) 20% on the second anniversary of the grant date; (c) 30% on the third anniversary of the grant date; and (d) 40% on the fourth anniversary of the grant date.