XML 27 R15.htm IDEA: XBRL DOCUMENT v3.25.1
Dividends and Distributions Payable
3 Months Ended
Mar. 31, 2025
Dividends and Distributions Payable  
Dividends and Distributions Payable

Note 7 – Dividends and Distributions Payable

During the three months ended March 31, 2025 and 2024, the Company declared monthly dividends of $0.253 and $0.247, 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 three months ended March 31, 2025 and 2024, while the March dividends and distributions were recorded as liabilities on the condensed consolidated balance sheets at March 31, 2025 and 2024. The March 2025 and 2024 dividends per common share and distributions per Operating Partnership Common Units were paid on April 14, 2025 and April 12, 2024, respectively.

During the three months ended March 31, 2025 and 2024, the Company declared monthly dividends on the Series A Preferred Shares in the amount of $0.08854, per Depositary Share. The dividends payable for January and February were paid during the three months ended March 31, 2025 and 2024, while the March dividends and distributions were recorded as a liability on the condensed consolidated balance sheets at March 31, 2025 and 2024. The March 2025 and 2024 dividends per Depository Share were paid on April 1, 2025 and April 1, 2024, respectively.