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STOCK INCENTIVE PLANS (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Information Concerning Restricted Stock Awards

The following table summarizes certain information concerning restricted stock awards:

 

     Three Months Ended March 31,  
     2014      2013  
     Awards     Weighted
Average
Grant
Price
     Awards     Weighted
Average
Grant
Price
 

Unvested awards outstanding at beginning of period

     1,729,033      $ 10.23         1,913,073      $ 9.17   

Granted

     —          —           295,705        11.74   

Net adjustment due to performance

     (19,002     8.48         —          —     

Vested

     (667,956     9.01         (734,130     7.90   

Forfeited

     (430     10.69         (622     9.23   

Dividend reinvestment

     9,612        13.01         12,008        11.78   
  

 

 

      

 

 

   

Unvested awards outstanding at end of period

     1,051,257        11.06         1,486,034        10.34   
  

 

 

      

 

 

   
Components of Restricted Stock Awards

The components of the restricted stock awards as of March 31, 2014 are as follows:

 

     Service-
Based

Awards
     Performance-
Based
Awards
     Total  

Unvested awards

     262,189         789,068         1,051,257   

Unrecognized compensation expense

   $ 1,390       $ 2,769       $ 4,159   

Intrinsic value

   $ 3,516       $ 10,574       $ 14,090   

Weighted average remaining life (in years)

     1.91         2.02         1.99   
Summary of Information Concerning Stock Option Awards

The following table summarizes certain information concerning stock option awards:

 

     Three Months Ended March 31,  
     2014      2013  
     Shares     Weighted
Average
Exercise
Price
     Shares     Weighted
Average
Exercise
Price
 

Options outstanding at beginning of period

     533,524      $ 11.50         640,050      $ 13.21   

Assumed from acquisition

     304,785        5.77         —          —     

Exercised

     (87,332     6.05         —          —     

Forfeited

     (48,172     25.79         (263,589     14.92   
  

 

 

      

 

 

   

Options outstanding and exercisable at end of period

     702,805        8.71         376,461        12.01