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Distributions Paid and Payable

6 Months Ended

Jun. 30, 2016

Distributions Paid and Payable

Distributions Paid and Payable

14. Distributions Paid and Payable

A. Common Stock

We pay monthly distributions to our common stockholders.  The following is a summary of monthly distributions paid per common share for the first six months of 2016 and 2015:

Month		2016			2015
January		$	0.1910000		$	0.1834167
February		0.1985000			0.1890000
March		0.1985000			0.1890000
April		0.1990000			0.1895000
May		0.1990000			0.1895000
June		0.1990000			0.1895000
Total		$	1.1850000		$	1.1299167

At June 30, 2016, a distribution of $0.1995 per common share was payable and was paid in July 2016.

B. Class F Preferred Stock

Dividends of $0.138021 per share are paid monthly in arrears on the Class F preferred stock.  During each of the first six months of 2016 and 2015, we paid six monthly dividends to holders of our Class F preferred stock totaling $0.828126 per share, or $13.5 million, and at June 30, 2016, a monthly dividend of $0.138021 per share was payable and was paid in July 2016.  We are current in our obligations to pay dividends on our Class F preferred stock.

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