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SERIES A PREFERRED STOCK SERIES A PREFERRED STOCK
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3 Months Ended |
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Mar. 31, 2013
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| Preferred Stock Disclosure [Abstract] | |
| SERIES A PREFERRED STOCK |
SERIES A PREFERRED STOCK
On January 31, 2013, as part of the Recapitalization, SEACOR exchanged its 1,400,000 shares of Series A preferred stock, which represented all of the Company's Series A preferred stock then outstanding, for shares of newly-issued Era Group common stock. During the three months ended March 31, 2013, the Company paid outstanding accrued dividends of $5.0 million to SEACOR (See Note 1).
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- Details
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- Definition
The entire disclosure for terms, amounts, nature of changes, rights and privileges, dividends, and other matters related to preferred stock. No definition available.
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