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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Share-Based Compensation [Abstract]  
Schedule Of Share-Based Compensation Information

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2013

 

2012

 

2011

Share-based compensation:

 

 

 

 

 

 

 

 

 

 

 

 

 

Expense relating to share grants (a)

 

$            4,108,000 

 

$            3,903,000 

 

$            5,665,000 

Adjustments to reflect changes in market price of

 

 

 

 

 

 

Company's common stock

 

 -

 

10,000 

 

(775,000)

Amounts capitalized

 

(407,000)

 

(352,000)

 

(387,000)

Total charged to operations (b)

 

$            3,701,000 

 

$            3,561,000 

 

$            4,503,000 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average

 

 

 

 

Shares

 

grant date value

 

 

Unvested shares, December 31, 2012

 

3,515,000 

 

$                     4.83 

 

 

Restricted share grants

 

584,000 

 

5.65 

 

 

Vested during period

 

(341,000)

 

5.53 

 

 

Forfeitures/cancellations

 

(68,000)

 

5.17 

 

 

Unvested shares, December 31, 2013

 

3,690,000 

 

$                     4.89 

 

 

 

 

 

 

 

 

 

(a) The 2012 and 2011 amounts include expense relating to equity and liability awards, as discussed below.

(b) The 2012 and 2011 amounts include $362,000 and $1,980,000, respectively, applicable to accelerated vestings that are included in management transition charges and employee termination costs.

 

Summary Of Information Relating To Performance-Based Grants

 

 

 

 

 

 

 

 

 

 

 

 

Absolute TSR

 

Relative TSR

 

 

Grant date

 

Annual

 

 

 

 

Grant

Shares

market

Portion of

average

Appraisal

 

Portion of

Appraisal

year

granted

price

grant

return

value

 

grant

value

2011

275,000 

$         6.54

50%

8%

$        4.40

 

50%

$         5.91