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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2012
Schedule Of Outstanding Preferred Stock

The following provides information regarding the Company’s outstanding preferred stock:

 

Series

   Annual
Dividend
     Conversion
Rate *
     Recorded
Amount
     Liquidation
Preference
     Redemption
Price
 

A

   $ 1.60         1.6584       $ 13.98       $ 16.40       $ 16.40   

B

     1.26         0.6407         11.30         11.38         12.50   

 

* Reflects the number of common shares to be received for each preferred share converted based on conversion rates in effect January 1, 2013 for the Series A shares and December 31, 2012 for the Series B shares. During 2012, 100 Series A shares were converted into 165 common shares.