Note 5. Equity

6 Months Ended

Jun. 30, 2011

Stockholders' Equity Note Disclosure [Text Block]

(5)  Equity

Equity Issuance

In the first quarter of 2011, the Company received proceeds of approximately $170.5 million, net of offering costs, through the issuance of approximately 7.6 million shares of common stock.

Equity Based Compensation

The following table highlights the expense related to share-based payment for the periods ended June 30 (in thousands):

	Three months ended				Six months ended
	June 30,				June 30,
	2011		2010		2011		2010
Restricted stock	$	1,394	$	1,376	$	2,492		2,724
Stock options		76		74		156		146
Stock based compensation	$	1,470	$	1,450	$	2,648		2,870

The following is a summary of activity related to restricted stock and stock option awards for the six months ended June 30, 2011:

	Restricted Stock					Stock Options
				Weighted				Weighted
				Average				Average
	Number of			Fair Value		Number of		Exercise
	Shares			at Issue		Shares		Price
December 31, 2010		842,886		$	19.30		291,000	$	16.42
Granted		229,636			22.31		20,000		22.31
Exercised/Vested		(174,496	)		24.75		-		-
Canceled		-			-		-		-
June 30, 2011		898,026			19.01		311,000		16.80