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Subsequent Events | 6 Months Ended
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Jun. 30, 2015
Subsequent events. |
Subsequent Events | Note 13. Subsequent Events Subsequent Acquisitions From July 1, 2015, through July 31, 2015, we acquired 305 properties with an aggregate purchase price of approximately $43.6 million. We expect that our level of acquisition activity will fluctuate based on the number of suitable investments and on the level of funds available for investment. Borrowings on Credit Facility From July 1, 2015, through July 31, 2015, the Company borrowed an additional $53.0 million under the credit facility and made payments on the credit facility totaling $35.0 million, resulting in an outstanding balance of $195.0 million as of July 31, 2015. Declaration of Dividends On August 6, 2015, our board of trustees declared quarterly dividends of $0.05 per Class A common share payable on September 30, 2015, to shareholders of record on September 15, 2015, and $0.05 per Class B common share payable on September 30, 2015, to shareholders of record on September 15, 2015. Additionally, our board of trustees also declared quarterly dividends of $0.3125 per share on the Company’s 5.0% Series A participating preferred shares payable on September 30, 2015, to shareholders of record on September 15, 2015, $0.3125 per share on the Company’s 5.0% Series B participating preferred shares payable on September 30, 2015, to shareholders of record on September 15, 2015, and $0.34375 per share on the Company’s 5.5% Series C participating preferred shares payable on September 30, 2015, to shareholders of record on September 15, 2015.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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