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Distributions Paid and Payable | 3 Months Ended
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Mar. 31, 2017
Distributions Paid and Payable |
Distributions Paid and Payable | 15. 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 three months of 2017 and 2016:
Month |  | 2017 |  | 2016 |
January |  | $ | 0.2025 |  | $ | 0.1910 |
February |  | 0.2105 |  | 0.1985 |
March |  | 0.2105 |  | 0.1985 |
Total |  | $ | 0.6235 |  | $ | 0.5880 |
At March 31, 2017, a distribution of $0.211 per common share was payable and was paid in April 2017. B.Class F Preferred Stock Prior to the notice of redemption of the Class F preferred stock in March 2017, dividends of $0.101215 per share were paid monthly in arrears on the Class F preferred stock. During each of the first three months of 2017 and 2016, we paid three monthly dividends to holders of our Class F preferred stock totaling $0.414063 per share, or $3.9 million, and $6.8 million, respectively, and at March 31, 2017, a final monthly dividend of $0.101215 per share was payable and was paid in April 2017. As discussed in note 9, during April 2017 we redeemed all 16,350,000 shares for $25 per share, plus accrued dividends. Dividends that accrued subsequent to the March 2017 notice of redemption date for the Class F preferred stock were recorded to interest expense.

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