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CAPITAL STOCK (Tables)
12 Months Ended
Dec. 31, 2021
Capital Stock [Abstract]  
Schedule of completed public offerings of shares of common stock
Common Stock
 
Issuances
During 2021
 
and 2020,
 
the Company
 
completed
 
the following
 
public offerings
 
of shares
 
of its common
 
stock.
($ in thousands, except per share amounts)
Weighted
Average
Price
Received
Net
Type of Offering
Period
Per Share
(1)
Shares
Proceeds
(2)
2021
At the Market Offering Program
(3)
First Quarter
$
5.10
308,048
$
1,572
Follow-on Offerings
First Quarter
5.31
17,940,000
95,336
At the Market Offering Program
(3)
Second Quarter
5.40
23,087,089
124,746
At the Market Offering Program
(3)
Third Quarter
4.94
35,818,338
177,007
At the Market Offering Program
(3)
Fourth Quarter
4.87
23,674,698
115,398
100,828,173
$
514,059
2020
At the Market Offering Program
(3)
First Quarter
$
6.23
3,170,727
$
19,447
At the Market Offering Program
(3)
Second Quarter
-
-
-
At the Market Offering Program
(3)
Third Quarter
5.15
3,073,326
15,566
At the Market Offering Program
(3)
Fourth Quarter
5.41
6,775,187
36,037
13,019,240
$
71,050
Weighted average price received per share is after deducting the underwriters’
 
discount, if applicable, and other offering costs.
(2)
Net proceeds are net of the underwriters’ discount, if applicable, and other
 
offering costs.
(3)
As of December 31, 2021, the Company had entered into ten equity distribution agreements,
 
nine of which have either been terminated
because all shares were sold or were replaced with a subsequent agreement.
Schedul of cash dividends declared on the Company's common stock
Cash Dividends
The table below presents the cash dividends declared on the Company’s common
 
stock.
(in thousands, except per share amounts)
Year
Per Share
Amount
Total
2013
$
1.395
$
4,662
2014
2.160
22,643
2015
1.920
38,748
2016
1.680
41,388
2017
1.680
70,717
2018
1.070
55,814
2019
0.960
54,421
2020
0.790
53,570
2021
0.780
97,601
2022 - YTD
(1)
0.110
19,502
Totals
$
12.545
$
459,066
On January 13, 2022, the Company declared a dividend of $0.055 per
 
share to be paid on February 24, 2022. On February 16, 2022, the
Company declared a dividend of $0.055 per share to be paid on March 29,
 
2022. The dollar amount of the dividend declared in February 2022
is estimated based on the number of shares outstanding at February
 
25, 2022. The effect of these dividends are included in the table above,
but are not reflected in the Company’s financial statements as of December
 
31, 2021.