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Dividends and Distribution Payable | 3 Months Ended
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Mar. 31, 2023
Dividends and Distribution Payable |
Dividends and Distribution Payable | Note 7 – Dividends and Distribution Payable During the three months ended March 31, 2023 and 2022 the Company declared monthly dividends of $0.240 and $0.227, respectively, per common share. 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, 2023 and 2022. The March 2023 and 2022 dividends per common share and distributions per Operating Partnership Common Units were paid on April 14, 2023 and April 14, 2022, respectively. During the three months ended March 31, 2023 and 2022 the Company declared monthly dividends on the Series A Preferred Shares in the amount of $0.08854, respectively, per Depositary Share. 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, 2023 and 2022. The March 2023 and 2022 dividends per Depository Share were paid on April 3, 2023 and April 1, 2022, respectively.

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