v2.4.0.6
NONVESTED STOCK AWARDS (Tables)
6 Months Ended
Jun. 30, 2012
NONVESTED STOCK AWARDS  
Summary of nonvested stock awards

 

 

 

Number of
Shares

 

Weighted
Average Grant
Date Price

 

Outstanding at January 1, 2012

 

545,750

 

$

11.60

 

Granted

 

12,500

 

3.86

 

Vested

 

(129,000

)

13.31

 

Forfeited

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2012

 

429,250

 

$

10.86

 

Schedule of nonvested stock amortization expense

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

General, administrative and technical management fees

 

$

402

 

$

606

 

$

974

 

$

1,551