Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Stock-Based Compensation Expense Recognized

The Company has recognized compensation expense associated with its stock-based compensation programs as follows:

	Quarter Ended September 30,				Nine Months Ended September 30,
(In millions)	2012		2011		2012		2011
Amounts included in:
Corporate expense	$	6.3	$	4.1	$	20.5	$	10.0
Property, general, administrative, and other		3.5		3.3		22.5		7.6
Total stock-based compensation expense	$	9.8	$	7.4	$	43.0	$	17.6

Summary of Share-Based Option Activity

The following is a summary of share-based option activity, adjusted for the stock split, including options under the 2008 Incentive Plan and 2012 Incentive Plan and warrants to purchase common stock, for the nine months ended September 30, 2012:

	Shares			Weighted Average Exercise Price
Outstanding at December 31, 2011		8,744,649		$	38.15
Granted		7,992,285		$	8.47
Canceled		(8,296,470	)	$	31.35
Outstanding at September 30, 2012		8,440,464		$	10.71
Vested and expected to vest at September 30, 2012		7,033,200		$	10.71
Exercisable at September 30, 2012		1,404,145		$	10.69