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Dividends | 12 Months Ended
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Dec. 31, 2016
Dividends [Abstract] |
Dividends | (11) Dividends On January 24, 2013, the board of directors of the Company adopted a quarterly cash dividend policy. Dividends are subject to change at the discretion of the board of directors. The Company began paying regular quarterly dividends in the second quarter of 2013. Additionally, the Company declared and paid one special cash dividend during the year ended December 31, 2014. The following is a summary of the quarterly and special dividends paid to stockholders during the years ended December 31, 2016 and 2015:
| December 31, 2015 |  | March 31, 2016 |  | June 30, 2016 |  | September 30, 2016 |  | Total Dividends Paid in 2016
| (in millions, except per share data)
Dividend type | Quarterly |  |  | Quarterly |  |  | Quarterly |  |  | Quarterly |  |  |
Amount paid to IEP | $ | 35.6 |  |  | $ | 35.6 |  |  | $ | 35.6 |  |  | $ | 35.6 |  |  | $ | 142.4 |
Amounts paid to public stockholders | 7.8 |  |  | 7.8 |  |  | 7.8 |  |  | 7.8 |  |  | 31.2 |
Total amount paid | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | 173.6 |
Per common share | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 2.00 |
Shares outstanding | 86.8 |  |  | 86.8 |  |  | 86.8 |  |  | 86.8 |  |  |
| December 31, 2014 |  | March 31, 2015 |  | June 30, 2015 |  | September 30, 2015 |  | Total Dividends Paid in 2015
| (in millions, except per share data)
Dividend type | Quarterly |  |  | Quarterly |  |  | Quarterly |  |  | Quarterly |  |  |
Amount paid to IEP | $ | 35.6 |  |  | $ | 35.6 |  |  | $ | 35.6 |  |  | $ | 35.6 |  |  | $ | 142.4 |
Amounts paid to public stockholders | 7.8 |  |  | 7.8 |  |  | 7.8 |  |  | 7.8 |  |  | 31.3 |
Total amount paid | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | 173.7 |
Per common share | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 2.00 |
Shares outstanding | 86.8 |  |  | 86.8 |  |  | 86.8 |  |  | 86.8 |  |  |

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- Definition Represents the entire disclosure pertaining to dividends paid during the reporting period. + References No definition available. + Details
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