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Preferred Stock | 12 Months Ended
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Dec. 31, 2015
Equity [Abstract] |
Preferred Stock | Note 4. Preferred Stock In August 2013, the Company exchanged 233,843 shares of its then outstanding 7.50% Series B Cumulative Perpetual Convertible Preferred Stock (the “Series B Preferred Stock”) for 3,316,922 shares of the Company's common stock at the stated conversion rate of 14.1844 plus an additional 75,342 common shares as an inducement. The Company also paid the exchanging holders cash dividends through December 15, 2013 on their shares of Series B Preferred Stock surrendered in the exchange. During the fourth quarter of 2013, the Company issued a notice of redemption and holders of 183,496 shares of Series B Preferred Stock converted their holdings into 2,602,770 shares of the Company's common stock at the stated conversion rate of 14.1844. The Company redeemed the remaining 300 shares of Series B Preferred Stock for $30,000. In November 2014, the Company eliminated the Series B Preferred Stock and restored their status to undesignated shares of preferred stock. As of December 31, 2015 and 2014, there were no outstanding shares of the preferred stock.

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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 No definition available. + Details
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