Long-Term Incentive Plan (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of compensation expense related to restricted shares and performance awards

The Company’s compensation expense related to restricted shares and performance awards for the three and nine months ended September 30, 2013 and 2012 were as follows (in thousands):

	Three Months Ended September 30, 2013		Three Months Ended September 30, 2012		Nine Months Ended September 30, 2013		Nine Months Ended September 30, 2012
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Compensation expense, including forfeitures	$	1,861	$	1,195	$	5,301	$	3,946

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 nine months ended September 30, 2013 is as follows (in thousands):

	Nine Months Ended September 30, 2013
	(unaudited)
Total compensation expense, including forfeitures	$	5,301
Net-settle adjustment	(1,723		)
Amortization related to shares issued to design and construction employees	293
Vesting of restricted stock presented on statement of equity	$	3,871