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Dividends and Distributions Payable
9 Months Ended
Sep. 30, 2025
Dividends and Distributions Payable  
Dividends and Distributions Payable

Note 7 – Dividends and Distributions Payable

During the three months ended September 30, 2025 and 2024, the Company declared monthly dividends of $0.256 and $0.250, 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 July and August were paid during the three months ended September 30, 2025 and 2024, while the September dividends and distributions were recorded as liabilities on the condensed consolidated balance sheets at September 30, 2025 and 2024. The September 2025 and 2024 dividends per common share and distributions per Operating Partnership Common Units were paid on October 14, 2025 and October 15, 2024, respectively.

During the three months ended September 30, 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 July and August were paid during the three months ended September 30, 2025 and 2024, while the September dividends and distributions were recorded as a liability on the condensed consolidated balance sheets at September 30, 2025 and 2024. The September 2025 and 2024 dividends per Depositary Share were paid on October 1, 2025 and October 1, 2024, respectively.