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Share Based Incentives
3 Months Ended
Mar. 31, 2012
Share Based Incentives [Abstract]  
Share-based incentives Share-based incentives

NOTE 5

Share-based incentives. During the three months ended March 31, 2011, the Company granted 51,000 shares of fully vested, unrestricted Common Stock with a fair value of $0.6 million, which was recorded as compensation expense. During the same period, the Company also granted 37,000 shares of restricted Common Stock with a fair value of $0.4 million. The restricted Common Stock awards will vest at 20% over five years beginning March 10, 2011. Compensation expense associated with restricted stock awards will be recognized over this vesting period.