Preferred Stock (Tables)

6 Months Ended

Jun. 30, 2019

Preferred Stock Disclosure [Abstract]

Schedule of Preferred Stock Dividends Paid in Common Stock

The Company may elect to pay a portion of the Preferred Stock dividends in shares of its common stock in decreasing percentages as follows with respect to any preferred stock dividend declared by the Company’s Board of Directors and paid in respect of a quarter ending:

Period	Percentage
On or after December 15, 2018 and on or prior to September 15, 2019	75	%
On or after December 15, 2019 and on or prior to September 15, 2020	50	%

Temporary Equity

The table below sets forth a reconciliation of changes in the carrying amount of Preferred Stock for the six months ended June 30, 2019 and 2018.

	Six Months Ended June 30,
	2019		2018
	(In thousands)
Preferred Stock, beginning of period		$174,422		$214,262
Redemption of Preferred Stock	—		(42,897		)
Accretion on Preferred Stock	1,634		1,493
Preferred Stock, end of period		$176,056		$172,858