EQUITY AND EARNINGS PER SHARE (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified |
1 Months Ended | 3 Months Ended | ||
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Feb. 28, 2013
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Jan. 31, 2013
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Mar. 31, 2013
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Mar. 31, 2012
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Dilutive Common Stock Equivalents | 4,942,388 | 489,083 | ||
Issuance of Common Stock | $ 237,400 | $ 526,200 | $ 763,653 | |
Issuance of Common Stock, shares | 23,000,000 | 57,500,000 | 80,500,000 | |
Share price | $ 10.34 | $ 9.35 | ||
Manager
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Issuance of Common Stock, shares | 191,000 | 213,900 | ||
Share price | $ 10.48 | $ 9.35 | ||
Options to purchase shares of common stock granted during the period | 2,300,000 | 5,750,000 | ||
Fair value of options granted | $ 8,400 | $ 18,000 | ||
Exercise price of options granted | $ 10.48 | $ 9.35 | ||
Risk free rate in valuing options granted to manager | 2.10% | 2.00% | ||
Dividend yield in valuing options granted to manager | 7.80% | 8.80% | ||
Volatility in valuing options granted to manager | 55.50% | 56.20% | ||
Expected term in valuing options granted to manager | 10 years | 10 years |
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- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Weighted average exercise price as of the balance sheet date for those equity-based payment arrangements exercisable and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares issued as consideration for cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of stock issued as consideration for cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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