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Stockholders' Equity Matters (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of Dividends Declared and Payments
In 2018, 2019 and 2020, our board of directors declared the following dividends:
DECLARATION DATEDIVIDEND
PER SHARE
RECORD DATETOTAL AMOUNTPAYMENT DATE
February 14, 2018$0.5875 March 15, 2018$167,969 April 2, 2018
May 24, 20180.5875 June 15, 2018168,078 July 2, 2018
July 24, 20180.5875 September 17, 2018168,148 October 2, 2018
October 25, 20180.6110 December 17, 2018174,935 January 3, 2019
February 7, 20190.6110 March 15, 2019175,242 April 2, 2019
May 22, 20190.6110 June 17, 2019175,389 July 2, 2019
July 26, 20190.6110 September 16, 2019175,434 October 2, 2019
October 31, 20190.6185 December 16, 2019177,687 January 2, 2020
February 13, 20200.6185 March 16, 2020178,047 April 6, 2020
May 5, 20200.6185 June 15, 2020178,212 July 2, 2020
August 5, 20200.6185 September 15, 2020178,224 October 2, 2020
November 4, 20200.6185 December 15, 2020178,290 January 6, 2021
During the years ended December 31, 2020, 2019 and 2018, we declared dividends in an aggregate and per share amount, based on the weighted average number of common shares outstanding during each respective year, as follows:
 YEAR ENDED DECEMBER 31,
 202020192018
Declared distributions$712,773 $703,752 $679,130 
Amount per share each distribution represents based on weighted average number of common shares outstanding2.47 2.45 2.38 
Schedule of Classification of Dividends Paid For the years ended December 31, 2020, 2019, and 2018, the dividends we paid on our common shares were classified as follows:
YEAR ENDED DECEMBER 31,
 202020192018
Nonqualified ordinary dividends43.0 %54.8 %83.0 %
Qualified ordinary dividends— %4.5 %4.8 %
Capital gains49.5 %14.7 %5.8 %
Return of capital7.5 %26.0 %6.4 %
100.0 %100.0 %100.0 %