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Subsequent Events | 6 Months Ended
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Jun. 30, 2019
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Distributions On July 9, 2019, our Board of Directors declared the following monthly distributions for the months of July, August and September 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
July 22, 2019 |  | July 31, 2019 |  | $ | 0.125 |  |  | $ | 0.1614583 |  |  | $ | 0.15625 |  |  | $ | 0.1458333 |
August 20, 2019 |  | August 30, 2019 |  | 0.125 |  |  | 0.1614583 |  |  | 0.15625 |  |  | 0.1458333 |
September 17, 2019 |  | September 30, 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
July |  | August 7, 2019 |  | $ | 0.0875 |
August |  | September 6, 2019 |  | 0.0875 |
September |  | October 7, 2019 |  | 0.0875 |
|  |  |  | $ | 0.2625 |
ATM Equity Activity Subsequent to June 30, 2019 and through July 30, 2019, we raised $2.6 million in net proceeds from the sale of 124,200 shares of Common Stock under our Common Stock ATM Program. We made no sales under our Series A and B Preferred ATM Program or Series D Preferred ATM Program subsequent to June 30, 2019 and through July 30, 2019. Financing Activity On July 2, 2019, we amended, extended and upsized our Credit Facility. Refer to Note 6 “Mortgage Notes Payable and Credit Facility” for additional information. Acquisition Activity On July 30, 2019, we purchased a 78,452 square foot, industrial property located in Denton, Texas for $6.5 million. This property is fully leased to one tenant for 12 years on a triple net lease basis. Annualized GAAP rent for this property is $0.5 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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