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Dividends
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Dividends
Dividends

During the nine months ended September 30, 2016, we paid regular quarterly cash dividends of approximately $39,849,000 as follows:
 
Quarter Ended
 
March 31, 2016
 
June 30, 2016
 
September 30, 2016
Cash dividend per common share
$
0.18125

 
$
0.18250

 
$
0.18375

Total cash dividends paid
$
13,158,000

 
$
13,293,000

 
$
13,398,000

Record date
February 19, 2016

 
May 20, 2016

 
August 19, 2016

Payment date
March 25, 2016

 
June 24, 2016

 
September 23, 2016



Additionally, on October 11, 2016, our Board of Directors declared a regular quarterly cash dividend of $0.1850 per common share, which will be paid on December 23, 2016, to shareholders of record as of the close of business on November 18, 2016.

Cash dividends declared on our outstanding weighted average number of basic common shares for the periods presented were approximately as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Cash dividends per common share
$
0.19

 
$
0.18

 
$
0.55

 
$
0.53