v3.19.3

Common Stock Capitalization (Tables) | 9 Months Ended
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Sep. 30, 2019
Stockholders' Equity Note [Abstract] |
Summary of Common Shares Outstanding | The following table summarizes issuance, repurchase, and other activity with respect to the Company's common stock for the three- and nine-month period ended September 30, 2019:
|  | Three-Month Period Ended September 30, 2019 |  | Nine-Month Period Ended September 30, 2019
Shares of Common Stock Outstanding (6/30/2019 and 1/1/19, respectively) |  | 29,745,776 |  |  | 29,796,601 |
Share Activity: |  |  |  |
Shares of common stock issued |  | 4,025,000 |  |  | 4,025,000 |
Shares of common stock repurchased |  | — |  |  | (50,825 | )
Director OP LTIP Units exercised |  | 3,610 |  |  | 3,610 |
Shares of Common Stock Outstanding (9/30/19) |  | 33,774,386 |  |  | 33,774,386 |
The following table summarizes issuance, repurchase, and other activity with respect to the Company's common shares for the three- and nine-month periods ended September 30, 2018:
|  | Three-Month Period Ended September 30, 2018 |  | Nine-Month Period Ended September 30, 2018
Common Shares Outstanding (6/30/2018 and 12/31/2017, respectively) |  | 30,149,880 |  |  | 31,335,938 |
Share Activity: |  |  |  |
Shares repurchased |  | — |  |  | (1,186,058 | )
Director LTIP Units exercised |  | 3,334 |  |  | 3,334 |
Shares issued in connection with incentive fee payment |  | 1,841 |  |  | 1,841 |
Common Shares Outstanding (9/30/2018) |  | 30,155,055 |  |  | 30,155,055 |

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