XML 57 R19.htm IDEA: XBRL DOCUMENT v3.20.1
Executive Stock Purchase Plan
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Executive Stock Purchase Plan

Note 13 – Executive Stock Purchase Plan

 

On June 16, 2014, the Company's Board of Directors adopted the Executive Stock Purchase Plan (the "Plan"). The Plan allows executive officers of the Company to elect to purchase common stock of the Company in lieu of receiving a portion of their salary. The maximum number of shares of common stock that can be purchased by all participants, in the aggregate, pursuant to the Plan is 250 shares. The shares will be purchased directly from the Company at the fair market value of the Company's common stock on the date of purchase (based on selling prices reported on NYSE American), which is the payroll date when the salary is withheld. As of December 31, 2019, approximately 35 shares were purchased under the Plan.