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Long Term Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2012
FIDAC Employees, Restricted Stock Awards Activity
The following table presents information with respect to the Company’s restricted stock awards during the quarters and nine months ended September 30, 2012 and September 30, 2011:
 
   
For the Quarter Ended
 
   
September 30, 2012
   
September 30, 2011
 
   
Number of
Shares
 
Weighted Average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted Average
Grant Date
Fair Value
Unvested shares outstanding - beginning of period
  695,200     17.72     821,600     17.72  
Granted
  -     -     -     -  
Vested
  (31,383 )   17.72     (31,374 )   17.72  
Forfeited
  (217 )   17.72     (226 )   17.72  
Unvested shares outstanding - end of period
  663,600     17.72     790,000     17.72  
                         
                         
   
For the Nine Months Ended
 
   
September 30, 2012
   
September 30, 2011
 
   
Number of
Shares
   
Weighted Average
Grant Date Fair Value
   
Number of
Shares
   
Weighted Average
Grant Date Fair Value
 
Unvested shares outstanding - beginning of period
  758,400     17.72     884,800     17.72  
Granted
  -     -     -     -  
Vested
  (94,202 )   17.72     (93,074 )   17.72  
Forfeited
  (598 )   17.72     (1,726 )   17.72  
Unvested shares outstanding - end of period
  663,600     17.72     790,000     17.72