XML 39 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
DIVIDENDS
9 Months Ended
Sep. 30, 2014
DIVIDENDS  
DIVIDENDS

9.DIVIDENDS

 

On December 20, 2013, April 1, 2014, and June 25, 2014, the Board of Directors announced dividends on the Series I Class B Preferred Stock in the amount of $12,938 on each date which were paid on January 20, 2014, April 21, 2014, and July 21, 2014.  The Company also announced and paid dividends to Series II Class B Preferred Stockholders in the amount of $44,675 on the same dates.  See Note 8 for information about dividends paid during the term of the Stock Repurchase Program.