Equity and Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Equity and Share-Based Compensation

Summary of changes in the number of outstanding shares

	Number of Shares
	Common Stock		Treasury Stock
Share count as of December 31, 2014	70,491,732		(534,677	)
Grants of restricted stock	2,459,754		—
Forfeitures of restricted stock	(511,079	)	—
Acquisition of treasury stock	—		(254,881	)
Share count as of March 31, 2015	72,440,407		(789,558	)

Summary of Company's non-vested share award activity

	Shares		Weighted Average Grant Date Fair Value
Non-vested shares outstanding at December 31, 2014	3,062,015		$	5.28
Granted	2,459,754		$	1.25
Vested	(900,148	)	$	5.22
Forfeited	(511,079	)	$	5.44
Non-vested shares outstanding at March 31, 2015	4,110,542		$	2.86