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Subsequent Events | 3 Months Ended
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Mar. 31, 2020
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Distributions On April 14, 2020, our Board of Directors declared the following monthly distributions for the months of April, May and June of 2020:
Record Date |  | Payment Date |  | Common Stock and Non-controlling OP Unit Distributions per Share |  | Series D Preferred Distributions per Share |  | Series E Preferred Distributions per Share
April 24, 2020 |  | April 30, 2020 |  | $ | 0.12515 |  |  | $ | 0.1458333 |  |  | $ | 0.138021 |
May 19, 2020 |  | May 29, 2020 |  | 0.12515 |  |  | 0.1458333 |  |  | 0.138021 |
June 19, 2020 |  | June 30, 2020 |  | 0.12515 |  |  | 0.1458333 |  |  | 0.138021 |
|  |  |  | $ | 0.37545 |  |  | $ | 0.4374999 |  |  | $ | 0.414063 |
Senior Common Stock Distributions
Payable to the Holders of Record During the Month of: |  | Payment Date |  | Distribution per Share
April |  | May 6, 2020 |  | $ | 0.0875 |
May |  | June 5, 2020 |  | 0.0875 |
June |  | July 6, 2020 |  | 0.0875 |
|  |  |  | $ | 0.2625 |
Series F Preferred Stock Distributions
Record Date |  | Payment Date |  | Distribution per Share
April 29, 2020 |  | May 5, 2020 |  | $ | 0.125 |
May 28, 2020 |  | June 5, 2020 |  | 0.125 |
June 25, 2020 |  | July 2, 2020 |  | 0.125 |
|  |  |  | $ | 0.375 |
Financing Activity On April 24, 2020, we repaid $5.9 million of fixed rate mortgage debt collateralized by one property with an interest rate of 6.0%, and we repaid $12.1 million of variable rate mortgage debt collateralized by two properties with an interest rate of one month LIBOR + 2.25%. We repaid these mortgages using cash on hand and borrowings from our Credit Facility. COVID-19 As of April 28, 2020, we have collected approximately 98% of all outstanding April cash base rent obligations. In April 2020, we granted rent deferrals to three tenants representing approximately 2% of total portfolio rents. The agreements with these tenants include current partial payment in exchange for rent deferrals of varying terms with deferred amounts to be paid by the respective tenant back to us, for the period starting in July 2020 and ending through March 2021. We have received and may receive additional rent modification requests in future periods from our tenants. We are unable to quantify the economic impact of these potential requests at this time.

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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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