COMPENSATION PROGRAMS (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Performance-Based Stock Awards

Information pertaining to absolute return performance-based stock awards issued to employees pursuant to this program is as follows:

							Final			Remaining Shares with
	Grant Date		Total				Measurement			Initial Measurement Periods
Year of	Fair Value		Original				Period Ends			Ending December 31
Grant	Per Share		Grants		Forfeited		December 31			2014		2015		2016
2008 ^(a)	$	10.18		140,658		5,464		n/	a		–		–		–
2009 ^(b)		14.33		110,917		4,571		n/	a		–		–		–
2010 ^(c)		12.44		128,766		5,759		2017			61,499		–		–
2011		12.72		132,490		5,050		2018			63,722		63,718		–
2012		11.67		145,399		5,697		2019			–		69,853		69,849

(a)

The absolute return metrics for the three-year measurement periods ending December 31, 2012 and 2011 were met resulting in the vesting of 67,595 shares associated with the second 50% of this grant in January 2013 and 67,599 shares associated with the first 50% of this grant in February 2012.

(b)

The absolute return metrics for the three-year measurement periods ending December 31, 2013 and 2012 were met resulting in the vesting of 52,915 shares associated with the second 50% of this grant in January 2014 and 53,431 shares associated with the first 50% of this grant in January 2013.

(c)

The absolute return metric for the first three-year measurement period ending December 31, 2013 was met resulting in the vesting of 61,508 shares associated with the first 50% of this grant in January 2014.

Schedule of Performance and Service-Based Stock Award Activity

Performance-based and service-based stock award activity for quarter and nine months ended September 30, 2014 is summarized below:

				Weighted Average
	Number of			Grant Date
	Shares			Fair Value
Unvested stock awards outstanding at December 31, 2013		528,931		$	12.51
Grants		35,000			13.16
Vestings		(164,587	)		13.23
Unvested stock awards outstanding at September 30, 2014		399,344			12.28

Schedule Of Option Award Activity

Option award activity for the nine months ended September 30, 2014 is summarized below:

	Number of			Weighted Average
	Shares			Exercise Price
Option awards outstanding at December 31, 2013		77,500		$	11.75
Expirations		(10,000	)		14.41
Exercises (aggregate intrinsic value: $67,000)		(27,500	)		10.63
Option awards outstanding at September 30, 2014		40,000			11.86