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Dividend Reinvestment Plan | 12 Months Ended
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Dec. 31, 2014
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Dividend Reinvestment Plan |
Note 16. | Dividend Reinvestment Plan
The Company has in effect a Dividend Reinvestment Plan (DRIP) which provides an automatic conversion of dividends into common stock for enrolled shareholders. The Company may issue common shares to the DRIP or purchase on the open market. Common shares are purchased at a price which is based on the average closing prices of the shares as quoted on the Over-the-Counter Markets Group exchange for the 10 business days immediately preceding the dividend payment date. The Company issued 3,113 common shares to the DRIP during the year ended December 31, 2014. No shares were issued to the DRIP during the years ended December 31, 2013 and 2012.

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