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Stockholders' Equity
3 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Stockholders' Equity

Note 12 – Stockholders’ Equity

Dividends. For 2013, the Company declared the following dividends on its common stock:

 

Declaration Date

   Record Date    Payment Date    Amount  

February 27, 2013

   March 28, 2013    April 12, 2013    $ 0.40   

For 2013, the Company declared the following dividends on its 8.625% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”):

 

Declaration Date

   Record Date    Payment Date    Amount  

March 15, 2013

   March 28, 2013    April 15, 2013    $ 0.5391   

Common Offering. During March 2013, the Company completed a follow-on public offering of 8,805,000 shares of its common stock, including the partial exercise of the underwriters’ option to purchase additional shares, at a price of $16.90 per share. The aggregate net proceeds from the offering, including proceeds from the sale of the additional shares, were approximately $148,407 after deducting estimated offering expenses payable by the Company.