Stockholders' Equity

6 Months Ended

Jun. 30, 2016

Stockholders' Equity [Abstract]

Stockholders Equity

Note 10 - Stockholders' Equity

Authorized common stock consists of the following:

(shares in thousands)	July 15, 2016		December 31, 2015
Par value	$	0.01	$	0.01
Authorized shares		85,000		200,000
Issued shares		46,410		46,410
Outstanding shares		40,738		40,738

Authorized cumulative preferred stock consists of the following:

(shares in thousands)	July 15, 2016		December 31, 2015
Par value	$	0.01	$	0.01
Authorized shares		20,000		50,000
Issued shares		-		-
Outstanding shares		-		-

At the Company's June 2, 2016 Annual Meeting of Stockholders, the Company's stockholders approved an amendment to the Company's Restated Certificate of Incorporation to reduce the number of authorized shares of the Company's common stock and cumulative preferred stock as noted above.  A copy of the Company's Amended and Restated Certificate of Incorporation as filed and recorded with the Secretary of State of the State of Delaware effective as of July 15, 2016 is filed as Exhibit 3.1 to this Quarterly Report on Form 10-Q for the quarter ended June 30, 2016.