Share capital

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Share capital

Authorized and issued

The Company’s authorized share capital of $33.0 million is comprised of 300,000,000 common shares with a par value of $0.10 each and 30,000,000 preference shares with a par value of $0.10 each. As of September 30, 2015, 105,479,341 common shares were issued and outstanding. No preference shares have been issued to date.