Annual report pursuant to Section 13 and 15(d)

Equity Transactions

v3.6.0.2
Equity Transactions
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Equity Transactions

9. Equity Transactions

During 2016, after receiving shareholder approval, the Company increased the amount of common stock authorized from 118.3 million shares to 200.0 million shares, which allowed for the issuance of 60.4 million additional shares in conjunction with the Exchange Transaction.  

During 2016 and 2015, we did not pay any dividends and dividends are currently suspended.  During 2014, we paid regular cash dividends of $0.40 per common share.