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Subsequent Events | 12 Months Ended
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Dec. 31, 2020
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Distributions On January 12, 2021, our Board of Directors declared the following monthly distributions for the months of January, February, and March of 2021:
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
January 22, 2021 |  | January 29, 2021 |  | $ | 0.12515 |  |  | $ | 0.1458333 |  |  | $ | 0.138021 |
February 17, 2021 |  | February 26, 2021 |  | 0.12515 |  |  | 0.1458333 |  |  | 0.138021 |
March 18, 2021 |  | March 31, 2021 |  | 0.12515 |  |  | 0.1458333 |  |  | 0.138021 |
|  |  |  | $ | 0.37545 |  |  | $ | 0.4374999 |  |  | $ | 0.414063 |
Series F Preferred Stock Distributions
Record Date |  | Payment Date |  | Distribution per Share
January 27, 2021 |  | February 5, 2021 |  | $ | 0.125 |
February 24, 2021 |  | March 5, 2021 |  | 0.125 |
March 24, 2021 |  | April 5, 2021 |  | 0.125 |
|  |  |  | $ | 0.375 |
Senior Common Stock Distributions
Payable to the Holders of Record During the Month of: |  | Payment Date |  | Distribution per Share
January |  | February 5, 2021 |  | $ | 0.0875 |
February |  | March 5, 2021 |  | 0.0875 |
March |  | April 5, 2021 |  | 0.0875 |
|  |  |  | $ | 0.2625 |
Equity Activity Subsequent to December 31, 2020 and through February 16, 2021, we raised $6.8 million in net proceeds from the sale of 0.4 million shares of common stock under our Common Stock ATM Program and $0.03 million in net proceeds from the sale of 1,200 sales of Series F Preferred Stock. We made no sales under our Series E Preferred ATM Program subsequent to December 31, 2020 and through February 16, 2021. Acquisition Activity On January 22, 2021, we purchased a 180,152 square foot industrial property in Findlay, Ohio for $11.1 million. This property is fully leased to one tenant on a 14.2 year lease. Financing Activity On January 22, 2021, we issued $5.5 million of floating rate debt swapped to a fixed rate of 3.24% in connection with the industrial property acquisition on the same date, with a maturity date of February 15, 2031. On February 11, 2021, we added a new $65.0 million term loan component to our Credit Facility, inclusive of a $15.0 million delayed funding component. The New Term Loan has a maturity date of 60 months from the closing of the amended Credit Facility and a London Inter-bank Offered Rate floor of 25 basis points.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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