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Dividends and Distribution Payable | 3 Months Ended
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Mar. 31, 2022
Dividends and Distribution Payable |
Dividends and Distribution Payable | Note 7 – Dividends and Distribution Payable During the three months ended March 31, 2022, the Company declared monthly dividends of $0.227 per common share for January, February and March 2022. Holders of Operating Partnership Common Units are entitled to an equal distribution per Operating Partnership Common Unit held. The dividends and distributions payable for January and February were paid during the quarter, while the March amounts were recorded as liabilities on the Condensed Consolidated Balance Sheets at March 31, 2022. The March dividends and distributions were paid on April 14, 2022. During the three months ended March 31, 2022, the Company declared monthly dividends on the Series A Preferred Shares in the amount of $.08854 per Depositary Share for January, February, and March 2022. The dividends payable for January and February were paid during the quarter, while the March dividend was recorded as a liability on the Condensed Consolidated Balance Sheet at March 31, 2022 and was paid on April 1, 2022.

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