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DIVIDENDS AND DISTRIBUTIONS
12 Months Ended
Dec. 31, 2013
DIVIDENDS AND DISTRIBUTIONS  
DIVIDENDS AND DISTRIBUTIONS

16.   DIVIDENDS AND DISTRIBUTIONS

        The following table summarizes the Company's dividends declared during the years ended December 31, 2013 and 2012 ($ in thousands, except per share data):

Date declared
  Record date   Payment date   Per share
amount
  Total
amount
 

For the year ended December 31, 2013

                         

November 13, 2013

    December 31, 2013     January 22, 2014   $ 0.25   $ 7,127  

August 7, 2013

    September 30, 2013     October 17, 2013     0.25     7,119  

May 15, 2013

    June 28, 2013     July 18, 2013     0.25     6,822  

March 14, 2013

    April 8, 2013     April 18, 2013     0.25     2,317  
                       

Total cash dividends declared for the year ended December 31, 2013. 

              $ 1.00   $ 23,385  
                       
                       

For the year ended December 31, 2012

                         

November 7, 2012

    December 31, 2012     January 10, 2013   $ 0.25   $ 2,316  

September 21, 2012

    October 2, 2012     October 11, 2012     0.06     556  

June 19, 2012

    June 29, 2012     July 12, 2012     0.06     555  

March 30, 2012

    March 31, 2012     April 2, 2012     0.30     450 (1)
                       

Total cash dividends declared for the year ended December 31, 2012. 

              $ 0.67   $ 3,877  
                       
                       

(1)
The dividend of $450 was based on 1,500,000 shares or $0.30 per share of common stock outstanding as of March 31, 2012.