Quarterly report pursuant to Section 13 or 15(d)

EQUITY AND EARNINGS PER SHARE (Details Narrative)

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EQUITY AND EARNINGS PER SHARE (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2013
Feb. 28, 2013
Jan. 31, 2013
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 05, 2013
Dec. 31, 2012
Common stock, par value $ 0.01     $ 0.01   $ 0.01   $ 0.01 $ 0.01
Common stock, shares authorized 1,000,000,000     1,000,000,000   1,000,000,000   500,000,000 500,000,000
Preferred stock, par value $ 0.01     $ 0.01   $ 0.01   $ 0.01 $ 0.01
Preferred stock, shares authorized 100,000,000     100,000,000   100,000,000   100,000,000 100,000,000
Issuance of Common Stock $ 197,600 $ 237,400 $ 526,200     $ 961,569      
Issuance of Common Stock, shares 40,250,000 23,000,000 57,500,000     120,800,440      
Share price $ 4.92 $ 10.34 $ 9.35 $ 4.92   $ 4.92      
Annual director awards granted, per director           $ 50,000      
Annual director awards granted, per director, shares           9,025      
Dilutive Common Stock Equivalents       6,167,876 1,057,618 5,558,512 773,356    
Manager
                 
Issuance of Common Stock, shares 750,000 191,000 213,900            
Share price $ 4.97 $ 10.48 $ 9.35 $ 4.97   $ 4.97      
Options to purchase shares of common stock granted during the period 4,025,000 2,300,000 5,750,000            
Fair value of options granted $ 3,800 $ 8,400 $ 18,000            
Exercise price of options granted $ 4.97 $ 10.48 $ 9.35 $ 4.97   $ 4.97      
Risk free rate in valuing options granted to manager 2.50% 2.10% 2.00%            
Dividend yield in valuing options granted to manager 8.80% 7.80% 8.80%            
Volatility in valuing options granted to manager 36.90% 55.50% 56.20%            
Expected term in valuing options granted to manager 10 years 10 years 10 years