Common and Preferred Share (Tables)

12 Months Ended

Dec. 31, 2018

Common and Preferred Shares [Abstract]

Of the total distributions calculated for tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid per common share for the years ended December 31, 2018 and 2017 are as follows:



	Cash Distributions Per Share
	2018		2017
Taxable ordinary income (1)	$	4.1253	$	3.5434
Return of capital	—		0.2762
Long-term capital gain (2)	0.1747		0.2404
Totals	$	4.3000	$	4.0600

Schedule of Dividends Per Preferred Share

The Board of Trustees declared cash dividends totaling $1.4375 and $0.183681 per Series G preferred share for the years ended December 31, 2018 and 2017, respectively. For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid per Series G preferred share for the year ended December 31, 2018 are as follows:



	Cash Distributions per Share
	2018
Taxable ordinary income (1)	$	1.2105
Return of capital	—
Long-term capital gain (2)	0.0513
Totals	$	1.2618

The Board of Trustees declared cash dividends totaling $1.54123 per Series F preferred share for the year ended December 31, 2017. For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid per Series F preferred share for the year ended December 31, 2017 are as follows:



	Cash Distributions per Share
	2017
Taxable ordinary income (1)	$	1.8310
Return of capital	—
Long-term capital gain (2)	0.1243
Totals	$	1.9553

(1) Of the taxable ordinary income, none qualified as 199A distributions for the year ended December 31, 2017.

(2) Of the long-term capital gain, $0.04792 was unrecaptured section 1250 gains for the years ended December 31, 2017.

For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid and non-cash deemed distributions per Series C preferred share for the years ended December 31, 2018 and 2017 are as follows:



	Cash Distributions per Share
	2018		2017
Taxable ordinary income (1)	$	1.3791	$	1.3462
Return of capital	—		—
Long-term capital gain (2)	0.0584		0.0913
Totals	$	1.4375	$	1.4375

(1) Of the taxable ordinary income, $1.3791 qualified as 199A distributions for the year ended December 31, 2018 and none qualified as 199A distributions for the year ended December 31, 2017.

(2) Of the long-term capital gain, $0.0034 and $0.0352 were unrecaptured section 1250 gains for the years ended December 31, 2018 and 2017, respectively.



	Non-cash Distributions per Share
	2018		2017
Taxable ordinary income (3)	$	0.5953	$	0.3527
Return of capital	—		0.1152
Long-term capital gain (4)	0.0252		0.0239
Totals	$	0.6205	$	0.4918

(3) Of the taxable ordinary income, $0.5953 qualified as 199A distributions for the year ended December 31, 2018 and none qualified as 199A distributions for the year ended December 31, 2017.

(4) Of the long-term capital gain, $0.0015 and $0.0092 were unrecaptured section 1250 gains for the years ended December 31, 2018 and 2017, respectively.

For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid and non-cash deemed distributions per Series E preferred share for the years ended December 31, 2018 and 2017 are as follows:



	Cash Distributions per Share
	2018		2017
Taxable ordinary income (1)	$	2.1586	$	2.1070
Return of capital	—		—
Long-term capital gain (2)	0.0914		0.1430
Totals	$	2.2500	$	2.2500

(1) Of the taxable ordinary income, $2.1586 qualified as 199A distributions for the year ended December 31, 2018 and none qualified as 199A distributions for the year ended December 31, 2017.

(2) Of the long-term capital gain, $0.0053 and $0.0551 were unrecaptured section 1250 gains for the years ended December 31, 2018 and 2017, respectively.



	Non-cash Distributions per Share
	2018		2017
Taxable ordinary income (3)	$	0.5092	$	0.1428
Return of capital	—		0.1094
Long-term capital gain (4)	0.0216		0.0097
Totals	$	0.5308	$	0.2619

(3) Of the taxable ordinary income, $0.5092 qualified as 199A distributions for the year ended December 31, 2018 and none qualified as 199A distributions for the year ended December 31, 2017.

(4) Of the long-term capital gain, $0.0013 and $0.0037 were unrecaptured section 1250 gains for the years ended December 31, 2018 and 2017, respectively.