Equity (Tables)

12 Months Ended

Dec. 31, 2012

The following table presents information regarding the Company’s preferred stock (in thousands):



	December 31,
	2012	2011
Shares authorized	50,000	50,000
Shares outstanding at end of period
8.5% Convertible perpetual preferred stock	2,650	2,650
6.0% Convertible perpetual preferred stock	2,000	2,000
7.0% Convertible perpetual preferred stock	3,000	3,000

Preferred Stock Dividends

Paid and unpaid dividends included in the calculation of income available to the Company’s common stockholders and the Company’s basic earnings per share calculation for the years ended December 31, 2012, 2011 and 2010 as presented in the accompanying consolidated statements of operations, are included in tables below (in thousands):



	Dividends Paid		Dividends Unpaid		Total
Year Ended December 31, 2012
8.5% Convertible perpetual preferred stock	$	14,078	$	8,447	$	22,525
6.0% Convertible perpetual preferred stock	6,500		5,500		12,000
7.0% Convertible perpetual preferred stock	18,375		2,625		21,000
Total	$	38,953	$	16,572	$	55,525
Year Ended December 31, 2011
8.5% Convertible perpetual preferred stock	$	14,078	$	8,447	$	22,525
6.0% Convertible perpetual preferred stock	6,500		5,500		12,000
7.0% Convertible perpetual preferred stock	18,433		2,625		21,058
Total	$	39,011	$	16,572	$	55,583
Year Ended December 31, 2010
8.5% Convertible perpetual preferred stock	$	14,079	$	8,446	$	22,525
6.0% Convertible perpetual preferred stock	6,000		6,000		12,000
7.0% Convertible perpetual preferred stock	—		2,917		2,917
Total	$	20,079	$	17,363	$	37,442

Common Stock

The following table presents information regarding the Company’s common stock (in thousands):



	December 31,
	2012	2011
Shares authorized	800,000	800,000
Shares outstanding at end of period	490,359	411,953
Shares held in treasury	1,219	874

Restricted Stock Activity

Restricted stock activity for the years ended December 31, 2012, 2011 and 2010 was as follows (shares in thousands):



	Number of Shares		Weighted- Average Grant Date Fair Value
Unvested restricted shares outstanding at December 31, 2009	5,322		$	16.80
Granted(1)	6,210		$	7.87
Vested(1)	(1,613	)	$	18.28
Forfeited / Canceled	(443	)	$	12.74
Unvested restricted shares outstanding at December 31, 2010	9,476		$	10.89
Granted	8,003		$	8.95
Vested	(3,270	)	$	12.91
Forfeited / Canceled	(823	)	$	9.17
Unvested restricted shares outstanding at December 31, 2011	13,386		$	9.34
Granted	7,604		$	7.46
Vested	(4,394	)	$	10.73
Forfeited / Canceled	(1,268	)	$	8.54
Unvested restricted shares outstanding at December 31, 2012	15,328		$	8.07

____________________


(1)	Excludes approximately 0.7 million restricted shares from stock awards assumed in the Arena Acquisition. All of these awards had vested as of December 31, 2010.