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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Components of Income Tax (Provision) Benefit | The components of the income tax (provision) benefit for the years ended December 31, 2019, 2018 and 2017 is comprised of the following:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Current: |  |  |  |  |
Federal | $ | (169 | ) |  | $ | 22 |  |  | $ | (859 | )
State | (839 | ) |  | (310 | ) |  | (344 | )
Deferred: |  |  |  |  |
Federal | (2,334 | ) |  | 400 |  |  | — |
State | (64 | ) |  | (20 | ) |  | 10 |
Total Income Tax (Provision) Benefit | $ | (3,406 | ) |  | $ | 92 |  |  | $ | (1,193 | )
Deferred Tax (Liabilities) Assets | Deferred income taxes represent the tax effect of the temporary differences between the book and tax basis of assets and liabilities. Deferred income tax assets and liabilities include the following as of December 31, 2019 and 2018:
| Year Ended December 31,
| 2019 |  | 2018
Basis Difference - Real Estate Properties | $ | 1,388 |  |  | $ | 739 |
Section 163(j) Interest Limitation | 600 |  |  | 344 |
Other - Temporary Differences | 329 |  |  | 184 |
Valuation Allowance | (850 | ) |  | (840 | )
Total Deferred Income Tax Assets, Net of Allowance | $ | 1,467 |  |  | $ | 427 |
Deferred Income - Investment in Joint Venture | $ | (3,374 | ) |  | $ | — |
Other - Temporary Differences | (295 | ) |  | (231 | )
Total Deferred Income Tax Liabilities | $ | (3,669 | ) |  | $ | (231 | )
Total Net Deferred Income Tax (Liabilities) Assets | $ | (2,202 | ) |  | $ | 196 |
Effective Income Tax Rate Reconciliation |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Tax (Provision) Benefit at Federal Rate | $ | (2,556 | ) |  | $ | 436 |  |  | $ | (1,416 | )
Change in Federal Tax Rate | — |  |  | — |  |  | (609 | )
State Tax Provision, Net of Federal Benefit | (903 | ) |  | (417 | ) |  | (376 | )
Change in Valuation Allowance | (10 | ) |  | 144 |  |  | 1,197 |
Other | 63 |  |  | (71 | ) |  | 11 |
Net Income Tax (Provision) Benefit | $ | (3,406 | ) |  | $ | 92 |  |  | $ | (1,193 | )
Federal Income Tax Treatment of Common Dividends | For the years ended December 31, 2019, 2018 and 2017, the dividends paid to the Company's common shareholders per common share for income tax purposes were characterized as follows:
| 2019 |  | As a Percentage of Distributions |  | 2018 |  | As a Percentage of Distributions |  | 2017 |  | As a Percentage of Distributions
Ordinary Income (A) | $ | 0.7650 |  |  | 83.15 | % |  | $ | 0.6858 |  |  | 78.83 | % |  | $ | 0.6552 |  |  | 74.23 | %
Unrecaptured Section 1250 Capital Gain | 0.1074 |  |  | 11.68 | % |  | 0.1497 |  |  | 17.21 | % |  | 0.1627 |  |  | 18.43 | %
Other Capital Gain | 0.0460 |  |  | 5.00 | % |  | 0.0330 |  |  | 3.79 | % |  | 0.0648 |  |  | 7.34 | %
Qualified Dividend | 0.0016 |  |  | 0.17 | % |  | 0.0015 |  |  | 0.17 | % |  | — |  |  | 0.00 | %
| $ | 0.9200 |  |  | 100.00 | % |  | $ | 0.8700 |  |  | 100.00 | % |  | $ | 0.8827 |  |  | 100.00 | %

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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