DIVIDENDS AND DISTRIBUTIONS

3 Months Ended

Mar. 31, 2013

11. DIVIDENDS AND DISTRIBUTIONS

The following table summarizes the Company’s dividends declared on its common stock during the three months ended March 31, 2013 and 2012 (amounts in thousands, except per share data):

Date declared	Record date	Payment date	Per share amount		Total amount
For the three months ended March 31, 2013
March 14, 2013	April 08, 2013	April 18, 2013	$	0.25	$	2,317
Total cash dividends declared for the three months ended March 31, 2013			$	0.25	$	2,317

For the three months ended March 31, 2012
March 30, 2012	March 31, 2012	April 02, 2012	$	0.30	$	450	(1)
Total cash dividends declared for the three months ended March 31, 2012			$	0.30	$	450

(1) The dividend of $450 was based on 1,500,000 shares of common stock outstanding as of March 31, 2012.