Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v2.4.1.9
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Dividends Declared

Our Board of Directors declared the following distributions per share for the years ended December 31, 2014, 2013, and 2012:

 

     For the year ended December 31,  
     2014      2013      2012  

Common Stock

   $ 1.50       $ 1.50       $ 1.50   

Senior Common Stock

     1.05         1.05         1.05   

Series A Preferred Stock

     1.9374996         1.9374996         1.9374996   

Series B Preferred Stock

     1.8750         1.8750         1.8750   

Series C Preferred Stock

     1.7813         1.7813         1.6328  (1) 

 

(1)  The Series C Preferred Stock was issued on January 31, 2012.
Summary of Changes in Stockholders' Equity

The characterization of distributions during each of the last three years is reflected in the table below:

 

     Ordinary Income     Return of Capital  

Common Stock

    

For the year ended December 31, 2012

     0.00000     100.00000

For the year ended December 31, 2013

     18.32962     81.67038

For the year ended December 31, 2014

     0.00000     100.00000

Senior Common Stock

    

For the year ended December 31, 2012

     0.00000     100.00000

For the year ended December 31, 2013

     100.00000     0.00000

For the year ended December 31, 2014

     0.00000     100.00000

Series A Preferred Stock

    

For the year ended December 31, 2012

     91.70830     8.29170

For the year ended December 31, 2013

     100.00000     0.00000

For the year ended December 31, 2014

     24.10732     75.89268

Series B Preferred Stock

    

For the year ended December 31, 2012

     91.70830     8.29170

For the year ended December 31, 2013

     100.00000     0.00000

For the year ended December 31, 2014

     24.10732     75.89268

Series C Preferred Stock

    

For the year ended December 31, 2012

     91.70830     8.29170

For the year ended December 31, 2013

     100.00000     0.00000

For the year ended December 31, 2014

     24.10732     75.89268
Summary of Outstanding Note Issued to Employee for Exercise of Stock Options

The following table is a summary of the outstanding note issued to an employee of the Adviser for the exercise of stock options (dollars in thousands):

 

Date Issued

   Outstanding Balance
of Employee Loan at
December 31, 2014
     Outstanding Balance
of Employee Loan at
December 31, 2013
     Maturity Date
of Note
   Interest Rate
on Note
 

Nov 2006

   $ 375       $ 375       Nov 2015      8.15