Long-Term Incentive Plan (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of compensation expense and forfeitures related to restricted shares and performance awards

The Company’s compensation expense and forfeitures related to these restricted shares and performance awards for the three months ended March 31, 2013 and 2012 were as follows (in thousands):

	Three Months Ended March 31, 2013			Three Months Ended March 31, 2012
	(unaudited)			(unaudited)
Total compensation expense, including forfeitures	$	1,602		$	1,440
Forfeiture (credit) expense adjustments	$	(20	)	$	(3	)

Summary of total compensation expense in relation to vesting of restricted common stock

The Company’s total compensation expense in relation to its vesting of restricted common stock presented in the Company’s consolidated statement of equity for the three months ended March 31, 2013 is as follows (in thousands):

	Three Months Ended March 31, 2013
	(unaudited)
Total compensation expense, including forfeitures	$	1,602
Net-settle adjustment	(527		)
Amortization related to shares issued to design and construction employees	93
Vesting of restricted stock presented on statement of equity	$	1,168