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Equity Based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Equity Based Compensation [Abstract]  
Summary of option activity for stock options

The following table sets forth the summary of option activity for stock options with service vesting conditions as of March 31, 2013:

 

                                 
    Shares     Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life (Yrs.)
    Aggregate
Intrinsic
Value
 

Outstanding at January 1, 2013

    747,500     $ 12.32       5.92          

Granted

    —       $ —                    

Exercised

    —       $ —                    

Expired

    —       $ —                    

Forfeited

    (50,000   $ 21.79                  
   

 

 

   

 

 

   

 

 

   

 

 

 

Outstanding at March 31, 2013

    697,500     $ 11.64       6.09     $ 5,857  
   

 

 

   

 

 

   

 

 

   

 

 

 

Exercisable on March 31, 2013

    641,662     $ 12.03       5.92     $ 5,244  
   

 

 

   

 

 

   

 

 

   

 

 

 

Expected to vest March 31, 2013

    53,244     $ 7.14       8.01     $ 585  
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of activity for restricted stock grants

The following table sets forth the summary of activity for restricted stock grants, including performance-based awards, for the three months ended March 31, 2013:

 

                 
    Shares     Weighted
Average
Grant
Date Fair
Value
 

Nonvested at January 1, 2013

    458,981     $ 10.85  

Granted

    193,600     $ 15.66  

Vested

    (72,000   $ 10.92  

Forfeited

    —       $ —    
   

 

 

         

Nonvested at March 31, 2013

    580,581     $ 12.45