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13. Subsequent Events | 9 Months Ended
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Sep. 30, 2019
Subsequent Events [Abstract] |
13. Subsequent Events | The Company has evaluated events that occurred subsequent to September 30, 2019 through the date these condensed consolidated financial statements were issued for matters that required disclosure or adjustment in these condensed consolidated financial statements. Employment Agreements See Note 11 - Commitments and Contingencies. Dividends Declared On November 11, 2019, the Company’s Board of Directors approved a quarterly dividend of $0.0625 per share payable in cash on December 13, 2019 to stockholders of record as of the close of business on November 29, 2019 (see Note 8). Capital Contribution to KICO On November 11, 2019, the Company’s Board of Directors approved a $3,000,000 capital contribution to KICO, which is subject to approval from the New York State Department of Financial Services.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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