Share-Based Compensation and Other Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Activity of Service Based Restricted Shares under LTIP

A summary of the activity of service based restricted shares under the LTIP for the years ended December 31, 2012, 2011 and 2010 is presented below:

	2012					2011					2010
	Number of Shares			Weighted- Average Grant Date Fair Value		Number of Shares			Weighted- Average Grant Date Fair Value		Number of Shares			Weighted-Average Grant Date Fair Value
Outstanding at the beginning of the year		229,722		$	12.40		264,657		$	10.78		189,292		$	11.83
Granted		135,223			11.30		119,964			13.34		182,410			10.16
Vested		(68,683	)		11.47		(109,638	)		11.04		(88,843	)		10.49
Forfeited or expired		(9,956	)		11.95		(45,261	)		13.12		(18,202	)		11.99
Outstanding at the end of the year		286,306		$	11.83		229,722		$	12.40		264,657		$	10.78

Assumptions for Options

We used the following assumptions for those options:

Weighted average fair value of grants	$	9.61
Risk-free interest rate		2.9	%
Dividend yield		6.8	%
Expected life (in years)		6.5
Expected volatility		41.0	%

Stock Option Activity for All Plans

The following table reflects the stock option activity for all plans described above:

	2012					2011					2010
	Shares Under Option			Weighted-Average Exercise Price		Shares Under Option			Weighted-Average Exercise Price		Shares Under Option			Weighted-Average Exercise Price
Outstanding at the beginning of the year		272,201		$	25.98		323,948		$	25.06		324,720		$	28.47
Granted		-			-		-			-		75,000			9.61
Exercised		(25,000	)		9.61		(25,000	)		9.61		-			-
Forfeited or expired		(19,458	)		25.65		(26,747	)		30.18		(75,772	)		29.64
Outstanding at the end of the year		227,743		$	27.81		272,201		$	25.98		323,948		$	25.06
Exercisable at the end of year		202,743		$	30.05		222,201		$	29.67		248,948		$	29.72
Weighted average fair value of options
granted during the year				$	-				$	-				$	2.06

Summary of Options Outstanding

The following tables summarize information about options outstanding at December 31, 2012:

		Options Outstanding						Options Exercisable
				Weighted-Average
				Remaining		Weighted-Average				Weighted-Average
Range of Exercise Price		Outstanding		Contractual Life		Exercise Price		Exercisable		Exercise Price
$	9.61 - $  9.61		25,000		7.1	$	9.61		-	$	-
$	23.77 - $27.96		79,917		1.9		26.49		79,917		26.49
$	28.80 - $29.06		49,806		3.0		29.01		49,806		29.01
$	34.30 - $36.50		73,020		4.2		34.66		73,020		34.66
			227,743		3.5	$	27.81		202,743	$	30.05