Stockholder's Equity

9 Months Ended

Sep. 30, 2011

Stockholders' Equity [Abstract]

Stockholders' Equity

8. Stockholders’ Equity

During the nine months ended September 30, 2011, we issued 255,638 shares of restricted stock and options to purchase 526,257 shares of common stock to certain employees in connection with our 2010 equity incentive plan.

For their services as members of the Board of Directors, the independent directors not affiliated with the Carlyle Group were each issued 2,475 restricted stock units during the nine months ended September 30, 2011.

On March 15, 2011 we declared a regular cash dividend for the first quarter of 2011 of $0.13 per common share payable to stockholders of record as of March 31, 2011. In addition, holders of Operating Partnership units also received a distribution of $0.13 per unit. The dividend and distribution were paid on April 15, 2011.

On June 17, 2011 we declared a regular cash dividend for the second quarter of 2011 of $0.13 per common share payable to stockholders of record as of June 30, 2011. In addition, holders of Operating Partnership units also received a distribution of $0.13 per unit. The dividend and distribution were paid on July 15, 2011.

On September 19, 2011, we declared a regular cash dividend for the third quarter of 2011 of $0.13 per common share payable on October 17, 2011 to stockholders of record as of September 30, 2011. In addition, holders of Operating Partnership units also received a distribution of $0.13 per unit. We recorded a payable as of September 30, 2011 of $6.0 million for this dividend and distribution.