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Shareholders' Equity | 9 Months Ended
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Sep. 30, 2020
Stockholders' Equity Note [Abstract] |
Shareholders' Equity | Shareholders' Equity Common Share Awards: During the nine months ended September 30, 2020, we awarded our common shares, valued at the closing price of our common shares on Nasdaq on the applicable award date, as follows:
Date Awarded |  | Number of Shares |  | Price per Share
May 19, 2020 (1) |  | 60,000 |  |  | $ | 2.94 |
September 17, 2020 (2) |  | 360,000 |  |  | $ | 3.77 |
(1)In accordance with our Trustee compensation arrangements, we awarded to each of our six Trustees 10,000 of our common shares. (2)We awarded under our equity compensation plan an aggregate of 360,000 of our common shares to our officers and certain other employees of RMR LLC. Common Share Purchases: During the nine months ended September 30, 2020, we purchased our common shares from our officers and certain current and former officers and employees of RMR LLC in satisfaction of tax withholding and payment obligations in connection with the vesting of awards of our common shares, valued at the closing price of our common shares on Nasdaq on the purchase dates, as follows:
Date Purchased |  | Number of Shares |  | Price per Share
January 9, 2020 |  | 1,938 |  |  | $ | 8.10 |
March 13, 2020 |  | 1,500 |  |  | $ | 3.79 |
June 30, 2020 |  | 1,757 |  |  | $ | 4.43 |
September 21, 2020 |  | 42,180 |  |  | $ | 3.38 |
Distributions: During the nine months ended September 30, 2020, we declared and paid quarterly distributions to common shareholders as follows:
Record Date |  | Payment Date |  | Distribution Per Share |  | Total Distributions
January 27, 2020 |  | February 20, 2020 |  | $ | 0.15 |  |  | $ | 35,684 |
April 13, 2020 |  | May 21, 2020 |  | $ | 0.01 |  |  | $ | 2,379 |
July 27, 2020 |  | August 20, 2020 |  | $ | 0.01 |  |  | $ | 2,380 |
On October 15, 2020, we declared a quarterly distribution payable to our common shareholders of record on October 26, 2020 in the amount of $0.01 per share, or approximately $2,382. We expect to pay this distribution on or about November 19, 2020. As described in Note 10, pursuant to the Transaction Agreement, on January 1, 2020, Five Star issued an aggregate of 16,118,849 of its common shares, with a value of $59,801, to our shareholders of record as of December 13, 2019. We recorded this issuance as a non-cash distribution in our condensed consolidated financial statements.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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