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Dividend Reinvestment Plan | 6 Months Ended
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Jun. 30, 2020
Dividend Reinvestment Plan |
Dividend Reinvestment Plan | Note 12 – Dividend Reinvestment Plan On June 10, 2020, the Company temporarily suspended the dividend reinvestment feature of its Dividend Reinvestment Plan (the “DRP”). The DRP, among other things, had provided stockholders with the opportunity to reinvest all, or a portion of, their cash dividends paid on the Company’s common stock in additional shares of its common stock, at a discount of up to 5% from the market price. The discount was determined at the Company’s sole discretion and had been offered at a 5% discount from market. Under the DRP, the Company issued 70,000 and 77,000 shares of common stock during the three and six months ended June 30, 2020, respectively, and 59,000 and 111,000 shares of common stock during the three and six months ended June 30, 2019, respectively.

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