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Long-term incentive plan (Tables)
3 Months Ended
Mar. 31, 2012
Long-term incentive plan  
Schedule of changes in LTIP notional units

 

 

 
  Units   Grant Date
Weighted-Average
Price per Unit
 

Outstanding at December 31, 2011

    485,781   $ 11.49  

Granted

    209,009   $ 14.65  

Additional shares from dividends

    8,172   $ 12.02  

Vested

    (231,687 ) $ 10.10  
           

Outstanding at March 31, 2012

    471,275   $ 13.81  
           
Schedule of assumptions for calculation of simulated total shareholder return under the Monte Carlo model

 

 

 
  March 31, 2012   December 31, 2011  

Weighted average risk free rate of return

    0.19 – 0.51%     0.15 – 0.28%  

Dividend yield

    8.30%     7.90%  

Expected volatility—Company

    22.2%     22.2%  

Expected volatility—peer companies

    17.1 – 112.8%     17.3 – 112.9%  

Weighted average remaining measurement period

    1.92 years     0.87 years