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Stockholders' Equity
12 Months Ended
Dec. 31, 2018
Stockholders’ Equity  
Stockholders’ Equity

11. Stockholders’ Equity

Common Stock

Common Stock has a par value of $0.001 per share. Holders of common stock are entitled to receive dividends and distributions subject to the participation rights of holders of all classes of stock at the time outstanding, as such holders have prior rights as to dividends pursuant to the rights of any series of Preferred Stock. Upon any liquidation, dissolution, or winding up of the Company, after required payments are made to holders of any series of Preferred Stock, any remaining assets of the Company will be distributed ratably to the holders of Common Stock. Holders of Common Stock are entitled to one vote per share.

During the year ended December 31, 2017, the Company paid dividends of $7,540, representing $0.675 per share.  During August 2017, the Company discontinued its quarterly dividend of $0.225 per share.