• Filing Date: 2014-03-12
  • Form Type: 10-K
  • Description: Annual report
Subsequent Events
12 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events

Note 23 — Subsequent Events

On January 23, 2014, the Company’s Board of Directors declared a quarterly dividend of $0.275 per common share. The dividends are scheduled for payment on March 21, 2014 to stockholders of record on February 21, 2014.

On February 4, 2014, the Company’s Board of Directors fixed April 1, 2014 as the cancellation date for the conversion rights on the Company’s 7% Series A cumulative convertible preferred stock . As such, the record holders of the Series A Preferred will no longer have conversion rights on and after April 1, 2014. On February 27, 2014, the Company voluntarily delisted its Series A Preferred from the NASDAQ Capital Market.