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Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2012
Incentive Plan [Abstract]  
Summary of Stock Options

The following table reflects the summary of stock options outstanding at September 30, 2012 and the changes during the three months then ended:

 

                                 
    Number of
Options
Granted
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Instrinsic
Value
(000’s)
 

Non-statutory stock options:

                               

Outstanding, beginning of period

    787,450     $ 14.55                  

Options granted

    —       $ —                    

Options forfeited

    (2,000   $ 26.84                  

Options exercised

    (105,700   $ 6.30                  

Options expired

    —       $ —                    
   

 

 

                         

Outstanding, end of period

    679,750     $ 15.79       2.82     $ 1,754  
   

 

 

                         

Exercisable, end of period

    679,750     $ 15.79       2.82     $ 1,754  
   

 

 

                         

Vested or expected to vest, end of period

    679,750     $ 15.79       2.82     $ 1,754  
   

 

 

                         
Summary of Non-Vested Share Granted

A summary of the status of Basic’s non-vested share grants at September 30, 2012 and changes during the nine months ended September 30, 2012 is presented in the following table:

 

                 

Nonvested Shares

  Number of
Shares
    Weighted Average
Grant Date Fair
Value Per Share
 

Nonvested at beginning of period

    1,962,171     $ 13.41  

Granted during period

    853,466       18.02  

Vested during period

    (704,891     13.91  

Forfeited during period

    (100,847     15.38  
   

 

 

         

Nonvested at end of period

    2,009,899     $ 15.10