Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2013

A summary of the restricted share awards under the LTIP for the six month period ended June 30, 2013 is as follows:


	Restricted Share Awards
	Performance Required		Service Required		Total Restricted Awards		Weighted-Average Grant-Date Fair Value
Nonvested as of January 1, 2013		103,221		11,363		114,584	$	48.33
Granted		47,832		5,614		53,446		70.27
Vested		0		0		0		0
Forfeited		0		0		0		0

Nonvested as of June 30, 2013		151,053		16,977		168,030	$	55.31

Stock Options [Member]

Activity in the Company’s 1999 Stock Option Plan for the six month period ended June 30, 2013 was as follows:


	Number of Shares			Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2013		32,150		$	40.93
Granted		0		$	0.00
Exercised		(10,900	)	$	41.50
Forfeited		0		$	0.00

Outstanding (vested and expected to vest) at June 30, 2013		21,250		$	40.63		3.8	$	546

Exercisable at June 30, 2013		21,250		$	40.63		3.8	$	546

Long Term Incentive Plan [Member]

Activity in the Company’s LTIP for the six month period ended June 30, 2013 was as follows:


	Number of Shares			Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2013		33,750		$	50.21
Granted		0			0.00
Exercised		(9,250	)		41.30
Forfeited		0			0.00

Outstanding (vested and expected to vest) at June 30, 2013		24,500		$	53.58		8.7	$	312

Exercisable at June 30, 2013		12,125		$	53.31		8.7	$	158