Share-Based Compensation
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Sep. 30, 2013
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Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-Based Compensation |
(3) SHARE-BASED COMPENSATION For stock-based awards the Company recognized compensation expense based on the grant date fair value. Share-based compensation expense was $0.6 million and $3.3 million for the three months ended September 30, 2013 and 2012, respectively. Share-based compensation expense was $1.8 million and $10.0 million for the nine months ended September 30, 2013 and 2012, respectively. Stock options granted pursuant to the 1998 Stock Option, Deferred Stock and Restricted Stock Plan and the 2007 Incentive Award Plan (the “Equity Incentive Plans”) were as follows:
A summary of the status and changes of our nonvested shares related to the Company’s Equity Incentive Plans as of and for the nine months ended September 30, 2013 is presented below:
As of September 30, 2013, there was $5.5 million of unrecognized compensation cost related to nonvested common shares. The cost is expected to be amortized over a weighted average period of 3.0 years. |