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Dividends (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Schedule of Dividends Payable
During the six months ended June 30, 2017, the Company paid regular quarterly cash dividends totaling approximately $27.4 million as follows:
 
Quarter Ended
 
March 31, 2017
 
June 30, 2017
 
(in thousands, except per share amounts)
Cash dividends paid per common share
$
0.18625

 
$
0.18750

Total cash dividends paid
$
13,624

 
$
13,750

Record date
February 17, 2017

 
May 19, 2017

Payment date
March 24, 2017

 
June 23, 2017

Schedule of Dividends Payable on Outstanding Weighted Average Number of Basic Common Shares
Cash dividends declared on the outstanding weighted average number of basic common shares for the periods presented were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30, 2017
 
2017
 
2016
 
2017
 
2016
Cash dividends declared per common share
$
0.18875

 
$
0.18375

 
$
0.37625

 
$
0.36625