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Dividends Paid and Declared
12 Months Ended
Dec. 31, 2011
Cumulative Preferred Stock of Subsidiary:/Dividends Paid and Declared: [Abstract]  
Dividends Paid and Declared

Note 7. Dividends Paid and Declared:

During 2011, our dividends were declared as follows:

 

    September 30,     September 30,  

Record Date

  Date Paid   Amount
Per Share
 

March 31, 2011

  April 11, 2011   $ 0.16  

June 30, 2011

  July 11, 2011     0.16  

September 30, 2011

  October 11, 2011     0.16  

December 31, 2011

  January 9, 2012     0.16  
       

 

 

 
        $ 0.64  
       

 

 

 

We have certain covenants within our revolving credit facility that limit our ability to pay dividends. These restrictions have not historically limited the amount of dividends we have paid and management does not believe that they will restrict future dividend payments.