Its a parlor palm. They hate the sun but love being outdoors in the shade! Mine blooms almost all year long, but especially inside during the winter. They are really easy palms to take care of and yours looks very healthy. Just watch out for spider mites when indoors, keep it above freezing at all times, and never put it in full sun (but it should be okay by a bright window).
Good luck!
-Alex

Thanks Alex,When I bought it there was about 10 of them in a 3 inch pot.They was maybe 2 inches tall,they looked like very small bamboo.I separated them and all of them died but this one,for some reason.Someone told me it was a butterfly palm,but when I looked them up it didn't look like the picture of the one I found.I wondered why it seems to put out bloom spikes where a old frond use to be?I don't know where Kroger gets there plants,but they need a better labeling system. :)