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19. Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
19. Subsequent Events

The Company has evaluated events that occurred subsequent to December 31, 2019 through March 16, 2020, the date these consolidated financial statements were issued for matters that required disclosure or adjustment in these consolidated financial statements.

 

Dividends Declared and Paid

 

On February 6, 2020, the Company’s Board of Directors approved a quarterly dividend of $0.0625 per share payable in cash on March 13, 2020 to stockholders of record as of the close of business on February 28, 2020 (see Note 12).

 

Restricted Stock Awards

 

Pursuant to the terms of the Amended Employment Agreement between the Company and Mr. Goldstein, on January 3, 2020, he was granted 157,431 shares of restricted stock valued at $1,250,000 and 17,191 shares of restricted stock valued at $136,500 (see Note 17).