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NONVESTED STOCK AWARDS (Tables)
3 Months Ended
Mar. 31, 2013
NONVESTED STOCK AWARDS  
Summary of restricted stock awards

 

 

 

 

Number of
Shares

 

Weighted
Average Grant
Date Price

 

Outstanding at January 1, 2013

 

664,249

 

$

7.70

 

Granted

 

 

 

Vested

 

(116,500

)

14.00

 

Forfeited

 

 

 

 

 

 

 

 

 

Outstanding at March 31, 2013

 

547,749

 

$

6.37

 

Schedule of nonvested stock amortization expense

 

 

 

 

Three Months Ended
March 31,

 

 

 

2013

 

2012

 

General, administrative and technical management fees

 

$

464

 

$

572