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Distributions Paid and Payable | 9 Months Ended
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Sep. 30, 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 nine months of 2017 and 2016:
Month |  | 2017 |  | 2016 |
January |  | $ | 0.2025000 |  | $ | 0.1910000 |
February |  | 0.2105000 |  | 0.1985000 |
March |  | 0.2105000 |  | 0.1985000 |
April |  | 0.2110000 |  | 0.1990000 |
May |  | 0.2110000 |  | 0.1990000 |
June |  | 0.2110000 |  | 0.1990000 |
July |  | 0.2115000 |  | 0.1995000 |
August |  | 0.2115000 |  | 0.1995000 |
September |  | 0.2115000 |  | 0.2015000 |
Total |  | $ | 1.8910000 |  | $ | 1.7855000 |
At September 30, 2017, a distribution of $0.212 per common share was payable and was paid in October 2017. B. Class F Preferred Stock In April 2017, we redeemed all 16,350,000 shares of our Class F preferred stock. During the first three months of 2017, we paid three monthly dividends to holders of our Class F preferred stock totaling $0.414063 per share, or $3.9 million. In April 2017, we paid a final monthly dividend of $0.101215 per share, or $1.7 million, which was recorded as interest expense. During the first nine months of 2016, we paid nine monthly dividends to holders of our Class F preferred stock totaling $1.242189 per share, or $20.3 million.

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