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SHAREHOLDERS EQUITY
9 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS EQUITY
10.
SHAREHOLDERS EQUITY
 
Dividends
 
Prior to March 2010, we had never declared cash dividends on our common stock.  On March 8, 2010, our board of directors adopted a dividend policy to consider and pay annual cash dividends subject to our ability to satisfy all applicable statutory and regulatory requirements and our continued financial strength.  On May 10, 2011, the Company’s board of directors approved a dividend policy to consider and pay quarterly dividends on its common stock subject to the Company’s ability to satisfy all applicable statutory requirements and the Company’s continued financial strength, replacing the previous policy of paying annual cash dividends.  Dividend payments made for 2014, 2013, 2012 and 2011, were as follows:
                     
 
Payment
 
Record Date
 
Payment Date
 
Dividend
(per share)
   
Amount
 
Q1 2011
March 17, 2011
March 24, 2011
  $ 0.12     $ 1,415  
Q2 2011
May 23, 2011
May 31, 2011
    0.12       1,429  
Q3 2011
August 19, 2011
August 26, 2011
    0.12       1,365  
Q4 2011
December 5, 2011
December 19, 2011
    0.12       1,336  
Total for 2011
      $ 0.48     $ 5,545  
                     
Q1 2012
March 19, 2012
March 26, 2012
  $ 0.13     $ 1,437  
Q2 2012
June 18, 2012
June 25, 2012
    0.13       1,439  
Q3 2012
September 17, 2012
September 24, 2012
    0.13       1,439  
Q4 2012
December 10, 2012
December 17, 2012
    0.13       1,447  
Total for 2012
      $ 0.52     $ 5,762  
                     
Q1 2013
March 18, 2013
March 25, 2013
  $ 0.14     $ 1,569  
Q2 2013
June 17, 2013
June 24, 2013
    0.14       1,573  
Q3 2013
September 16, 2013
September 23, 2013
    0.14       1,575  
Q4 2013
December 9, 2013
December 16, 2013
    0.14       1,577  
        Total for 2013
      $ 0.56     $ 6,294  
                     
Q1 2014
March 17, 2014
March 24, 2014
  $ 0.15     $ 1,692  
Q2 2014
Q3 2014
June 16, 2014
September 15, 2014
June 23, 2014
September 22, 2014
    0.15 0.15       1,695 1,696  
        Total for 2014
      $ 0.45     $ 5,083  
 
On November 3, 2014, the Company’s Board of Directors declared a quarterly cash dividend of $0.15 per share.  The dividend is payable, December 15, 2014 to shareholders of record as of December 8, 2014.