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Stockholders' Equity
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Stockholders' Equity

Note 15 – Stockholders' Equity

Our authorized capital stock consists of 450,000,000 shares of common stock, $0.01 par value per share and 50,000,000 shares of preferred stock, $0.01 par value per share. As of March 31, 2025, 138,871,188 shares of common stock were issued and outstanding and 6,770,393 shares of our 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock ("Series B-1 Preferred Stock") were issued and outstanding. The Series B-1 Preferred Stock, with a par value $0.01 per share, have a liquidation preference of $25.00 per share.

Dividends. The following table details our dividend activity:

 

 

Three Months Ended March 31,

 

 

Dividends declared per share of:

 

2025

 

 

2024

 

 

Common Stock

 

$

0.25

 

 

$

0.35

 

 

Series B-1 Preferred Stock

 

$

0.45

 

 

$

0.45

 

 

 

Common Stock Repurchases. There was no common stock repurchase activity during the three months ended March 31, 2025 and 2024. As of March 31, 2025, the approximate dollar value of shares that may yet be purchased under our stock repurchase program was $131.6 million.