XML 65 R96.htm IDEA: XBRL DOCUMENT v2.4.0.8
PREFERRED STOCK (Details) (USD $)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Oct. 02, 2009
Series A Preferred Stock [Member]
Dec. 31, 2013
Series A Preferred Stock [Member]
Before November 14, 2014 [Member]
Dec. 31, 2013
Series A Preferred Stock [Member]
After November 14, 2014 [Member]
Oct. 02, 2009
Warrants [Member]
Jul. 26, 2012
Fixed Rate Cumulative Perpetual Preferred Stock [Member]
Dec. 31, 2013
Fixed Rate Cumulative Perpetual Preferred Stock [Member]
Director
Period
Class of Stock [Line Items]                
Preferred stock issued (in shares) 12,000 12,000 22,252          
Preferred stock, par value (in dollars per share)     $ 0          
Liquidation preference (in dollars per share)     $ 1,000          
Term of warrant           10 years    
Numbers of common stock to be purchased with warrants (in shares)           628,588    
Par value of common stock called by warrants (in dollars per share) $ 0 $ 0       $ 0    
Exercise price of warrants (in dollars per share)           $ 5.31    
Value of preferred stock issued     $ 22,252,000          
Accrued dividend rate (in hundredths) 5.00% 5.00%   5.00% 9.00%      
Percentage of stock redeemable at the option of issuer (in hundredths) 100.00% 100.00%            
Preferred stock auctioned by US Treasury (in shares)             22,252  
Preferred stock repurchased (in shares)             10,252  
Auction purchase price per share (in dollars per share)             $ 901.03  
Capital preserved versus redeeming preferred stock             $ 1,000,000  
Preferred stock shares outstanding held by private investors (in shares) 12,000 12,000         12,000  
Numbers of dividend periods allowed to be missed before additional directors are added               6
Numbers of directors to potentially be added to the Board               2
Number of dividend periods paid to end the preferred stockholders rights to additional board members               4
Number of dividend periods deferred to date               2