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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2014
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

 

 

NOTE 13—SUBSEQUENT EVENTS

        Subsequent events have been evaluated and except as disclosed (i) below, (ii) in Note 3 (Real Estate Investments and Minimum Future Rentals) and (iii) in Note 4 (Sales of Properties, Discontinued Operations and Impairment), there were no other events relative to our consolidated financial statements that require additional disclosure.

        On January 15, 2015, 129,975 shares were issued as restricted share grants having an aggregate value of approximately $3,197,000 and are scheduled to vest in January 2020.

        On March 10, 2015, the Board of Directors declared a quarterly cash dividend of $.39 per share on the Company's common stock, totaling $6,382,000. The quarterly dividend is payable on April 7, 2015 to stockholders of record on March 27, 2015.