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CAPITAL STOCK (Tables)
12 Months Ended
Dec. 31, 2020
Capital Stock [Abstract]  
Schedule of completed public offerings of shares of common stock
Common Stock
 
Issuances
 
During 2020
 
and 2019,
 
the Company
 
completed the
 
following
 
public offerings
 
of shares
 
of its common
 
stock.
($ in thousands, except per share amounts)
Weighted
Average
Price
Received
Net
Type of Offering
Period
Per Share
(1)
Shares
Proceeds
(2)
2020
At the Market Offering Program
(3)
First Quarter
$
6.23
3,170,727
$
19,447
At the Market Offering Program
(3)
Third Quarter
5.15
3,073,326
15,566
At the Market Offering Program
(3)
Fourth Quarter
5.41
6,775,187
36,037
13,019,240
$
71,050
2019
At the Market Offering Program
(3)
First Quarter
$
6.84
1,267,894
$
8,503
At the Market Offering Program
(3)
Second Quarter
6.70
4,337,931
28,495
At the Market Offering Program
(3)
Third Quarter
6.37
1,771,301
11,098
Follow-on Offering
(3)
Third Quarter
6.35
7,000,000
44,218
14,377,126
$
92,314
Weighted average price received per share is before deducting
 
the underwriters’ discount, if applicable, and other offering costs.
(2)
 
Net proceeds are net of the underwriters’ discount, if applicable, and
 
other offering costs.
(3)
 
As of December 31, 2020, the Company had entered into eight equity distribution
 
agreements, seven of which have either been terminated
because all shares were sold or were replaced with a subsequent agreement.
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
0.960
54,421
2020
0.790
53,570
2021 - YTD
(1)
0.130
11,079
Totals
$
11.785
$
353,042
On January 14, 2021, the Company declared a dividend of $0.065 per
 
share to be paid on February 24, 2021. On February 10, 2021, the
Company declared a dividend of $0.065 per share to be paid on March
 
29, 2021. The dollar amount of the dividend declared in February 2021
is estimated based on the number of shares outstanding at February
 
26, 2021. The effect of these dividends are included in the table above,
but are not reflected in the Company’s financial statements as of December
 
31, 2020.