XML 39 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727
Stockholders' Equity
6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
STOCKHOLDERS’ EQUITY

Cash Dividends. On April 23, 2013, Acacia announced that its Board of Directors approved the adoption of a cash dividend policy that calls for the payment of an expected total annual cash dividend of $0.50 per common share, payable in the amount of $0.125 per share per quarter. Under the policy, the Company paid quarterly cash dividends totaling $12,749,000 and $12,513,000 during the six months ended June 30, 2015 and 2014, respectively. Future cash dividends are expected to be paid on a quarterly basis and will be at the discretion of the Company’s Board of Directors.