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Stock Options (Performance Conditions Options Narrative) (Details) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Share-based Compensation Expense $ 3,000,000 $ 1,900,000
Performance Condition Options
   
Description of award

During the year ended December 31, 2010, the Company's Board of Directors awarded a total of 1,130,700 performance condition options to certain of the Company's employees. Vesting of these options is subject to the Company achieving certain performance criteria established at the grant date and the individuals fulfilling a service condition (continued employment). As of March 31, 2013, the performance criteria of 825,340 of these options had been satisfied and will become exercisable based on the following vesting schedule: 25% on each of the first four anniversaries of the date of grant, which was February 20, 2010 (the date of grant). The Company recognized $161,000 and $284,000 of compensation expense during the three months ended March 31, 2013 and 2012, respectively, related to these options. The next performance criteria could be met within the next six months and would trigger approximately $90,000 of compensation expense related to these options.

The Company utilized the Black-Scholes option pricing model to determine the grant date fair value of these awards. As of March 31, 2013, except for the 825,340 options discussed above, the Company does not believe that the achievement of the remaining performance criteria is probable and therefore, has not recognized any compensation expense related to these options during the three months ended March 31, 2013 and 2012, respectively. Compensation expense will be recognized only once the performance condition is probable of being achieved and then only the cumulative amount related to the service condition that has been fulfilled.

 

 

 
Share-based Compensation Expense $ 161,000 $ 284,000