Equity (Tables)

12 Months Ended

Dec. 31, 2013

Stockholders' Equity Note [Abstract]

Schedule of common stock reflected on the consolidated balance sheet

The shares of common stock reflected on the consolidated balance sheet at December 31, 2013 are summarized below:



Shares issued on Emergence Date	40,882,496
Shares subsequently issued in settlement of pre-petition claims	228,309
Remaining shares required to be issued in settlement of pre-petition claims	289,191
Issuance of shares under employee and director compensation programs (*)	691,570
Shares issued upon exercise of warrants (**)	441,325
Total shares	42,532,891
Par value per share	$	0.01
Common stock on December 31, 2013 balance sheet (in thousands)	$	425

(*) These shares include 107,988 shares which vested during the year ended December 31, 2013. Of these vested shares, recipients sold back to the Company 8,591 shares to satisfy tax withholding obligations which are being recognized at cost as treasury stock on the consolidated balance sheet.

Schedule of warrants reflected on the consolidated balance sheet

The warrants reflected on the consolidated balance sheet at December 31, 2013 are summarized below:



Warrants issued on Emergence Date	1,634,210
Warrants subsequently issued in settlement of pre-petition claims	240,310
Remaining warrants to be issued in settlement of pre-petition claims	304,427
Warrants exercised	(818,124		)
Total warrants at December 31, 2013	1,360,823
Fair value per warrant at December 31, 2013	$	42.72
Warrant liability on December 31, 2013 consolidated balance sheet (in thousands)	$	58,134

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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