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Subsequent Events | 3 Months Ended
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Mar. 31, 2019
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Distributions On April 9, 2019, our Board of Directors declared the following monthly distributions for the months of April, May and June of 2019:
Record Date |  | Payment Date |  | Common Stock and Non-controlling OP Unit Distributions per Share |  | Series A Preferred Distributions per Share |  | Series B Preferred Distributions per Share |  | Series D Preferred Distributions per Share
April 22, 2019 |  | April 30, 2019 |  | $ | 0.125 |  |  | $ | 0.1614583 |  |  | $ | 0.15625 |  |  | $ | 0.1458333 |
May 22, 2019 |  | May 31, 2019 |  | 0.125 |  |  | 0.1614583 |  |  | 0.15625 |  |  | 0.1458333 |
June 19, 2019 |  | June 28, 2019 |  | 0.125 |  |  | 0.1614583 |  |  | 0.15625 |  |  | 0.1458333 |
|  |  |  | $ | 0.375 |  |  | $ | 0.4843749 |  |  | $ | 0.46875 |  |  | $ | 0.4374999 |
Senior Common Stock Distributions
Payable to the Holders of Record During the Month of: |  | Payment Date |  | Distribution per Share
April |  | May 7, 2019 |  | $ | 0.0875 |
May |  | June 7, 2019 |  | 0.0875 |
June |  | July 8, 2019 |  | 0.0875 |
|  |  |  | $ | 0.2625 |
ATM Equity Activity Subsequent to March 31, 2019 and through April 30, 2019, we raised $6.8 million in net proceeds from the sale of 332,709 shares of Common Stock under our Common Stock ATM Program. We made no sales under our Series D Preferred ATM Program or Series A and B Preferred Stock ATM Program subsequent to March 31, 2019 and through April 30, 2019. Acquisition Activity On April 5, 2019, we purchased a 383,000 square feet, two industrial property portfolio located in a suburb of Orlando, Florida for $19.2 million. These properties are fully leased to one tenant for 20 years on a triple net lease basis. Annualized GAAP rent for this portfolio is $1.5 million. On April 30, 2019, we purchased a 54,430 square feet, industrial property located in a suburb of Columbus, Ohio for $3.1 million. This property is fully leased to one tenant for seven years on a triple net lease basis. Annualized GAAP rent for this property is $0.2 million.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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