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Preferred stocks | 12 Months Ended
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Dec. 31, 2018
Class of Stock Disclosures [Abstract] |
Preferred stocks | Preferred StocksThe Company currently has 500,000 shares of preferred stock authorized to be issued with a $100 par value; 1,000,000 shares of preferred stock A authorized to be issued with no par value; and 500,000 shares of preference stock authorized to be issued with no par value. At December 31, 2018, there were no shares outstanding. At December 31, 2017, there were no shares outstanding. In 2016, dividends declared on the 4.50% Series and 4.70% Series preferred stocks were $4.50 and $4.70 per share, respectively. On April 1, 2017, the Company redeemed all outstanding 4.50% Series and 4.70% Series preferred stocks at $105 per share and $102 per share, respectively, for a repurchase price of approximately $15.6 million and $300,000 of redeemable preferred stock classified as long-term debt.

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- Definition The entire disclosure for terms, amounts, nature of changes, rights and privileges, dividends, and other matters related to preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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