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Common Stock Common Stock (Tables)
12 Months Ended
Dec. 31, 2012
Equity [Abstract]  
Schedule of Common Stock Offerings [Table Text Block]
The following are the Company's public equity offerings of common stock (dollar amounts in millions):
Type of offering
 
Closing Date
 
Number of Shares
 
Gross Proceeds
IPO
 
September 7, 2011
 
5,574,131

 
$
67.4

Follow on offering
 
November 2, 2011
 
1,497,924

 
15.8

Underwriters' over allotment
 
November 7, 2011
 
74,979

 
0.8

Follow on offering
 
June 18, 2012
 
3,250,000

 
30.3

Underwriters' over allotment
 
July 9, 2012
 
487,500

 
4.6

Total
 
 
 
10,884,534

 
$
118.9


The common stock issued and outstanding of 11,157,643 at December 31, 2012 includes restricted shares of 273,109.
Schedule of Dividends Authorized and Paid [Table Text Block]
The Company's board of directors has authorized, and the Company began paying, dividends since October 2011 on the fifteenth day of each month to stockholders of record on the eight day of such month. Since October 2011, the board of directors of the Company has authorized the following increases in dividend.
Dividend increase declaration date
 
Annualized dividend per share
 
Effective date
September 7, 2011
 
$0.8750
 
10/9/2011
February 27, 2012
 
$0.8800
 
3/9/2012
March 16, 2012
 
$0.8850
 
6/9/2012
June 27, 2012
 
$0.8900
 
9/9/2012
September 30, 2012
 
$0.8950
 
11/9/2012
November 29, 2012
 
$0.9000
 
2/9/2013

On August 1, 2012, the Company filed a universal shelf registration statement and a resale registration statement with the SEC. Each registration statement became effective on August 17, 2012. As of December 31, 2012, no common stock, preferred stock, debt or equity-linked security had been issued under the universal shelf registration statement. The resale registration statement, as amended, registers the resale of up to 1,882,248 shares of common stock issued in connection with any future conversion of certain currently outstanding restricted shares, convertible preferred stock or limited partnership interests. As of December 31, 2012, no common stock had been issued under the resale registration statement.