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Shareholders' Equity
 3 Months Ended
Mar. 31, 2018
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity
Share Based Compensation:
On March 29, 2018, in accordance with our Trustee compensation arrangements, we granted 3,000 of our common shares, valued at $15.66 per share, the closing price of our common shares on Nasdaq on that day, to our Managing Trustee, who was elected as a Managing Trustee on that day.
On January 1, 2018, we purchased 4,628 of our common shares, valued at $19.15 per share, the closing price of our common shares on Nasdaq on December 29, 2017, from a former employee of RMR LLC in satisfaction of tax withholding and payment obligations in connection with the vesting of awards of our common shares.
Distributions:
On February 22, 2018, we paid a regular quarterly distribution to common shareholders of $0.39 per share, or approximately $92,674, that was declared on January 19, 2018 and was payable to shareholders of record on January 29, 2018. On April 19, 2018, we declared a regular quarterly distribution payable to common shareholders of record on April 30, 2018, of $0.39 per share, or approximately $92,675. We expect to pay this distribution on or about May 17, 2018.