XML 62 R49.htm IDEA: XBRL DOCUMENT v2.4.0.6
Preferred Stock and Warrants (Details) (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Preferred Stock and Warrants [Abstract]  
Aggregate consideration $ 28,000,000
Shares issued for cash during period (in shares) 28,000
Warrants to purchase shares (in shares) 500,000
Quarterly cumulative cash dividends for first five years (in hundredths) 5.00%
Preferred stock dividend rate thereafter five years (in hundredths) 9.00%
Preferred stock, redemption date Feb. 15, 2012
Liquidation preference (in dollars per share) $ 1,000
Accumulated dividends in arrears 1,250,000
Maximum number of preferred dividend deferment periods 6
Exercise price (in dollars per share) $ 8.4
Aggregate proceeds to the preferred stock 27,220,000
Aggregate proceeds to the warrant $ 780,000
Period for warrant proceeds accretion to retained earnings 5 years