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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2012
STOCK-BASED COMPENSATION  
Assumptions used for valuation of fair value of equity-based incentive awards

 

 
  December 31,
2012
 

Risk free interest rate

    0.72%  

Expected option life (years)

    5.0  

Expected dividend yield

    6.50%  

Volatility factor

    73.54%  

Weighted-average grant date fair value (per share)

    2.061  

Equity-based incentive awards vested and exercisable

    1,880,864  

Liability as of December 31, 2012 (in thousands)

    3,876  
Assumptions used in the option pricing model to assess the fair values of the options granted

 

 
  2010   2011   2012

Risk free interest rate

  1.1%–2.11%   0.02%–2.37%   0.38%–1.20%

Expected option life (years)

  2.0–4.0   0.25–5.0   2.5–5.5

Expected dividend yield

  1.3%–1.5%   2.87%–7.15%   5.4%–6.28%

Volatility factor

  80%–81%   39.37%–87.88%   51.44%–84.69%

Weighted-average grant date fair value (per share)

  $9.68   $7.88   $2.24
Summary of common stock options and equity-based incentive awards activity

 

 
  Common Stock Options   Equity-based incentive
awards
 
 
  Quantity   Weighted
Average
Exercise
Price
  Quantity   Weighted
Average
Exercise
Price
 

Outstanding as of December 31, 2011

    6,441,310     17.96     2,838,139     14.00  
                   

Granted

    861,873     13.85     405,833     14.00  

Exercised

    (840,649 )   5.49     (12,500 )   14.00  

Forfeited

    (890,624 )   16.56     (632,397 )   14.00  

Expired

    (1,993,203 )   20.97     (398,523 )   14.00  
                   

Outstanding as of December 31, 2012

    3,578,707     18.58     2,200,552     14.00  
                   
Summary of information about nonvested common stock options and equity-based incentive awards

 

 
  Common stock options   Equity-based incentive
awards
 
 
  Quantity   Weighted
Average
Grant-date
Fair Value
  Quantity   Weighted
Average
Grant-date
Fair Value
 

Nonvested as of December 31, 2011

    1,357,191     10.13     943,438     2.80  
                   

Granted

    861,873     2.24     405,833     2.80  

Vested

    (545,938 )   10.27     (397,186 )   2.80  

Forfeited

    (890,624 )   4.69     (632,397 )   2.80  
                   

Nonvested as of December 31, 2012

    782,502     7.53     319,688     2.80  
                   
Summary of information about vested common stock options and equity-based incentive awards

 

 
  Common Stock Options   Equity-based incentive
awards
 
 
  Quantity   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Term
  Quantity   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Term
 

December 31, 2012

    2,796,205     19.74     6.3     1,880,864     14.00     6.8  
Summary of information about the intrinsic value of Company's common stock options, SAR and equity based incentive awards exercised

 

 
  2010   2011   2012  

Total intrinsic value of options exercised

  $ 11,651   $ 2,575   $ 4,624  

Total intrinsic value of equity-based incentive awards exercised

  $ 857   $ 598   $ 35