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Equity and Mezzanine Equity (Tables) | 3 Months Ended
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Mar. 31, 2019
Equity [Abstract] |
Summary of Changes in Stockholders' Equity | The following table summarizes the changes in our equity for the three months ended March 31, 2019 and 2018 (in thousands):
| Three Months Ended March 31,
Series A and B Preferred Stock | 2019 | 2018
Balance, beginning of period | $ | 2 |  | $ | 2 |
Issuance of Series A and B preferred stock, net | — |  | — |
Balance, end of period | $ | 2 |  | $ | 2 |
Senior Common Stock |  |
Balance, beginning of period | $ | 1 |  | $ | 1 |
Issuance of senior common stock, net | — |  | — |
Balance, end of period | $ | 1 |  | $ | 1 |
Common Stock |  |
Balance, beginning of period | $ | 29 |  | $ | 28 |
Issuance of common stock, net | 1 |  | — |
Balance, end of period | $ | 30 |  | $ | 28 |
Additional Paid in Capital |  |
Balance, beginning of period | $ | 559,977 |  | $ | 534,790 |
Issuance of Series A and B preferred stock and common stock, net | 14,111 |  | 643 |
Retirement of senior common stock, net | — |  | (34 | )
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership | (220 | ) | — |
Balance, end of period | $ | 573,868 |  | $ | 535,399 |
Accumulated Other Comprehensive Income |  |
Balance, beginning of period | $ | (148 | ) | $ | 35 |
Comprehensive income | (722 | ) | 495 |
Balance, end of period | $ | (870 | ) | $ | 530 |
Distributions in Excess of Accumulated Earnings |  |
Balance, beginning of period | $ | (310,117 | ) | $ | (268,058 | )
Distributions declared to common, senior common, and preferred stockholders | (13,913 | ) | (13,474 | )
Net income | 4,628 |  | 4,605 |
Balance, end of period | $ | (319,402 | ) | $ | (276,927 | )
Total Stockholders' Equity |  |
Balance, beginning of period | $ | 249,744 |  | $ | 266,798 |
Issuance of Series A and B preferred stock and common stock, net | 14,112 |  | 643 |
Retirement of senior common stock, net | — |  | (34 | )
Distributions declared to common, senior common, and preferred stockholders | (13,913 | ) | (13,474 | )
Comprehensive income | (722 | ) | 495 |
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership | (220 | ) | — |
Net income | 4,628 |  | 4,605 |
Balance, end of period | $ | 253,629 |  | $ | 259,033 |
Non-Controlling Interest |  |
Balance, beginning of period | $ | 4,675 |  | $ | — |
Distributions declared to Non-controlling OP Unit holders | (278 | ) | — |
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership | 220 |  | — |
Net income | 45 |  | — |
Balance, end of period | $ | 4,662 |  | $ | — |
Total Equity | $ | 258,291 |  | $ | 259,033 |
Dividends Paid | We paid the following distributions per share for the three months ended March 31, 2019 and 2018:
|  | For the three months ended March 31,
|  | 2019 |  | 2018
Common Stock and Non-controlling OP Units |  | $ | 0.375 |  |  | $ | 0.375 |
Senior Common Stock |  | 0.2625 |  |  | 0.2625 |
Series A Preferred Stock |  | 0.4843749 |  |  | 0.4843749 |
Series B Preferred Stock |  | 0.46875 |  |  | 0.46875 |
Series D Preferred Stock |  | 0.4374999 |  |  | 0.4374999 |

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
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