Annual report pursuant to Section 13 and 15(d)

Equity Structure and Transactions

v3.3.1.900
Equity Structure and Transactions
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Equity Structure and Transactions

9. Equity Structure and Transactions

As of December 31, 2015 and 2014, the Company was authorized to issue 20 million shares of preferred stock with a par value of $0.00001 per share; however, no preferred shares have been issued or were outstanding as of the respective dates.

During 2015, we did not pay any dividends and dividends were suspended.  During 2014 and 2013, we paid regular cash dividends of $0.40 and $0.36 per common share, respectively.  In December 2013, we paid a special dividend of $0.42 per share or $31.8 million.