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Share-Based and Long-Term Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2012
Share-Based and Long-Term Compensation Plans [Abstract]  
Schedule of market condition goals
The time-based awards will vest ratably over four years from the date the shares are granted.  The market condition awards are contingent on the Company meeting goals for compounded annual total return to stockholders ("TRS") over the three year period beginning July 1, 2010.  The market condition goals are based upon (i) the Company's absolute compounded annual TRS; and (ii) the Company's absolute compounded annual
TRS relative to the compounded annual return of the MSCI US REIT ("RMS") Index calculated on a gross basis, as follows:

 
Threshold
Target
Maximum
Absolute Return Goal
10%
12%
14%
Relative Return Goal
RMS + 100 bps
RMS + 200 bps
RMS + 300 bps

Summary of restricted shares and deferred incentive share unit activity
A summary of the Company's restricted shares and deferred incentive share unit activity for the nine months ended September 30, 2012 is as follows:

 
 
 
 
Weighted
 
 
 
 
Weighted
 
 
 
 
 
Average
 
 
Deferred
 
 
Average
 
 
 
Restricted
 
 
Grant-Date
 
 
Incentive
 
 
Grant-Date
 
 
 
Shares
 
 
Fair Value
 
 
Share Units
 
 
Fair Value
 
Balance at 12/31/11
 
 
454,070
 
 
$
9.83
 
 
 
27,370
 
 
$
21.65
 
Issued
 
 
21,900
 
 
 
10.15
 
 
 
-
 
 
 
-
 
Vested
 
 
(56,013
)
 
 
21.55
 
 
 
(3,030
)
 
 
14.93
 
Forfeited
 
 
(121,534
)
 
 
8.25
 
 
 
(5,875
)
 
 
13.99
 
Balance at 09/30/12
 
 
298,423
 
 
$
8.30
 
 
 
18,465
 
 
$
25.19