CAPITAL STOCK (Tables)

12 Months Ended

Dec. 31, 2018

Capital Stock [Abstract]

Schedule of completed public offerings of shares of common stock

Common Stock Issuances

During 2017, the Company completed the following public offerings of shares of its common stock. There were no common stock issuances through public offerings during the year ended December 31, 2018 or the three months ended September 30, 2017.

($ in thousands, except per share amounts)
							Weighted
							Average
							Price
		Book Value Per Share					Received			Net
Type of Offering	Period		Beginning		Ending		Per Share(1)	Shares		Proceeds(2)
2017
At the Market Offering Program(3)	First Quarter	$	10.10	$	9.75	$	10.13	1,286,196	$	12,792
At the Market Offering Program(3)	Second Quarter		9.75		9.23		10.17	11,012,836		110,065
At the Market Offering Program(3)	Fourth Quarter		9.15		8.71		9.81	7,746,052		74,750
								20,045,084	$	197,607

^[1],[2],[3]

Schedul of cash dividends declared on the Company's common stock

Cash Dividends

The table below presents the cash dividends declared on the Company’s common stock.

(in thousands, except per share amounts)
Year		Per Share Amount		Total
2013	$	1.395	$	4,662
2014		2.160		22,643
2015		1.920		38,748
2016		1.680		41,388
2017		1.680		70,717
2018		1.070		55,814
2019 - YTD(1)		0.160		7,796
Totals	$	10.065	$	241,768

^[4]

[1] The Company has entered into six e quity d istribution a greements, five of which have either been terminated because all shares were sold or were replaced with a subsequent agreement .

[2] Net proceeds are net of the underwriters’ discount, if applicable, and other offering costs.

[3] Weighted average p rice received per share is before deducting the underwriters’ discount, if applicable, and other offering costs.

[4] On January 10, 2019, the Company declared a dividend of $0.08 per share that was paid on February 8, 2019 .