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Subsequent Events | 12 Months Ended
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Dec. 31, 2019
Subsequent Events [Abstract] |
Subsequent Events |
2 8. | Subsequent Events
Fourth Quarter 2019 Dividend On February 5, 2020, the Company’s Board declared a quarterly cash dividend of $0.14 per share for the fourth quarter of 2019, payable on March 11, 2020 to Class A and Class B common stockholders of record as of February 26, 2020. Appointment of Chief Financial Officer Effective January 1, 2020, the Company appointed Steven Bisgay as Chief Financial Officer and Principal Financial Officer of the Company. In addition, as of January 1, 2020, Sean A. Windeatt, who had served as the Company’s Interim Chief Financial Officer since December 2018, ceased to be in that position and ceased to be the Principal Financial Officer. He remains in his role as the Company’s Chief Operating Officer and Principal Operating Officer. Appointment of Principal Accounting Officer Effective March 3, 2020, Mr. Bisgay has also been appointed as the Principal Accounting Officer of the Company. Sean P. Galvin remains in his role as the Company’s Chief Accounting Officer, but will cease to be the Principal Accounting Officer or an executive officer as of such date. Extension of Revolving Credit Agreement On February 26, 2020, the Company entered into a second amendment to the unsecured Revolving Credit Agreement, pursuant to which, the maturity date was extended by two years to February 26, 2023. The size of the Revolving Credit Agreement, along with the interest rate on the borrowings therefrom, remained unchanged.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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