pre_text: part ii item 5 . market for registrant 2019s common equity and related stockholder matters market information our common stock has been traded on the new york stock exchange ( 2018 2018nyse 2019 2019 ) under the symbol 2018 2018exr 2019 2019 since our ipo on august 17 , 2004 . prior to that time there was no public market for our common stock . the following table sets forth , for the periods indicated , the high and low bid price for our common stock as reported by the nyse and the per share dividends declared : dividends high low declared .
post_text: on february 28 , 2006 , the closing price of our common stock as reported by the nyse was $ 15.00 . at february 28 , 2006 , we had 166 holders of record of our common stock . holders of shares of common stock are entitled to receive distributions when declared by our board of directors out of any assets legally available for that purpose . as a reit , we are required to distribute at least 90% ( 90 % ) of our 2018 2018reit taxable income 2019 2019 is generally equivalent to our net taxable ordinary income , determined without regard to the deduction for dividends paid , to our stockholders annually in order to maintain our reit qualifications for u.s . federal income tax purposes . unregistered sales of equity securities and use of proceeds on june 20 , 2005 , we completed the sale of 6200000 shares of our common stock , $ .01 par value , for $ 83514 , which we reported in a current report on form 8-k filed with the securities and exchange commission on june 24 , 2005 . we used the proceeds for general corporate purposes , including debt repayment . the shares were issued pursuant to an exemption from registration under the securities act of 1933 , as amended. .
table: High Low Dividends Declared
table: Period from August 17, 2004 to September 30, 2004 $14.38 $12.50 $0.1113
table: Quarter Ended December 31, 2004 14.55 12.60 0.2275
table: Quarter Ended March 31, 2005 14.30 12.55 0.2275
table: Quarter Ended June 30, 2005 14.75 12.19 0.2275
table: Quarter Ended September 30, 2005 16.71 14.32 0.2275
table: Quarter Ended December 31, 2005 15.90 13.00 0.2275
question: Analyse this data from a financial earnings document. using the high bid price what was the percentage difference between the quarter ended december 31 , 2004 and the quarter ended march 312005?