Consolidated Statement of Equity - USD ($) |
Total |
Capital Stock [Member] |
Preferred Stock [Member] |
Additional Paid-in Capital [Member] |
Retained Earnings [Member] |
---|---|---|---|---|---|
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
Cumulative transition adjustment upon the adoption of ASC 606, net of tax | $ (2,449,245) | $ (2,449,245) | |||
Beginning balance (in shares) at Dec. 31, 2017 | 11,915,830 | 11,915,830 | |||
Beginning balance at Dec. 31, 2017 | $ 461,785,632 | $ 11,916 | $ 130,000,000 | 331,773,716 | $ 0 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
Net income | 7,707,708 | 7,707,708 | |||
Series A preferred stock dividends | (2,396,875) | (2,396,875) | |||
Common stock dividends | (8,936,872) | (3,626,039) | (5,310,833) | ||
Reinvestment of dividends paid to common stockholders (in shares) | 8,648 | ||||
Reinvestment of dividends paid to common stockholders | 310,204 | $ 9 | 310,195 | ||
Ending balance at Mar. 31, 2018 | $ 456,020,552 | $ 11,925 | $ 130,000,000 | $ 326,008,627 | $ 0 |
Ending balance (in shares) at Mar. 31, 2018 | 11,924,478 | 11,924,478 |
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- Definition Amount of decrease in additional paid in capital (APIC) resulting from dividends legally declared (or paid) in excess of retained earnings balance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of increase (decrease) to equity or (increase) decrease to net assets, resulting from the cumulative effect adjustment of a new accounting principle applied in the period of adoption. No definition available.
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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares issued during the period from a dividend reinvestment plan (DRIP). A dividend reinvestment plan allows the shareholders to reinvest dividends paid to them by the entity on new issues of stock by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Value of stock issued during the period from a dividend reinvestment plan (DRIP). A dividend reinvestment plan allows the holder of the stock to reinvest dividends paid to them by the entity on new issues of stock by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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