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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2013
STOCK-BASED COMPENSATION  
Summary of assumptions used for valuation of fair value of equity-based incentive awards

 

 

 
   December 31,
2013		  

Risk free interest rate

     1.27 %

Expected option life (years)

     3.4  

Expected dividend yield

     4.62 %

Volatility factor

     41.19 %

Weighted-average grant date fair value (per share)

     2.32  

Equity-based incentive awards vested and exercisable

     1,571,319  

Liability as of December 31, 2013 (in thousands)

     3,652  
Summary of assumptions used in the option-pricing models to assess the fair values of the options granted

 

 

 
   2011
(2009 Plan)		   2012
(2009 Plan)		   2013
(2013 Plan)

Risk free interest rate

   0.02%–2.37%   0.38%–1.20%   0.11%–1.07%

Expected option life (years)

   0.25–5.0   2.5–5.5   0.67–4.00

Expected dividend yield

   2.87%–7.15%   5.4%–6.28%   5.32%–5.66%

Volatility factor

   39.37%–87.88%   51.44%–84.69%   36.36%–53.63%

Weighted-average grant date fair value (per share)

   $7.88   $2.24   $10.53
Summary of common stock options, equity-based incentive awards and restricted stock units activity

 

 

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

Outstanding as of December 31, 2012

     —     3,578,707     18.58     2,200,552     14.00  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

Granted

     637,800     30,000     9.07     —     —  

Exercised

     —     (50,000 )   9.07     (86,250 )   14.00  

Forfeited

     (103,337 )   (576,566 )   15.05     (266,252 )   14.00  

Expired

     —     (577,073 )   19.85     (276,731 )   14.00  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Outstanding as of December 31, 2013

     534,463     2,405,068     19.20     1,571,319     14.00  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

        
Summary of information about nonvested common stock options, equity-based incentive awards and restricted stock units

 

 

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

Nonvested as of December 31, 2012

     —     782,502     7.53     319,688     2.80  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

Granted

     637,800     30,000     0.77     —     —  

Vested

     —     (187,184 )   6.64     (53,436 )   2.80  

Forfeited

     (103,337 )   (576,566 )   7.90     (266,252 )   2.80  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Nonvested as of December 31, 2013

     534,463     48,752     2.43     —     2.80  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

        
Summary of information about vested common stock options, equity-based incentive awards and restricted stock units

 

 

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

December 31, 2013

     —     2,356,316     19.41     5.4     1,571,319     14.00     5.8  

        
Summary of information about the intrinsic value of Company's common stock options, SAR and equity based incentive awards exercised

 

 

 
   2011   2012   2013  

Total intrinsic value of options exercised

   $ 2,575   $ 4,624   $ 122  

Total intrinsic value of equity-based incentive awards exercised

   $ 598   $ 35   $ 242