Subsequent Event

6 Months Ended

Jun. 30, 2013

Subsequent Events [Abstract]

Subsequent Event

14. Subsequent Event

On July 25, 2013 the Company’s Board of Directors approved a $0.06 per share, quarterly cash dividend on our outstanding common stock. The record date is set for October 1, 2013 and the dividend is payable to shareholders of record on October 21, 2013. Dividends are declared at the discretion of the Company’s Board of Directors and depend on actual cash from operations, the Company’s financial condition and capital requirements and any other factors the Company’s Board of Directors may consider relevant. Future dividend declarations, as well as the record and payment dates for such dividends, will be determined by the Company’s Board of Directors on a quarterly basis.