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Subsequent Events
 12 Months Ended
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 DatePayment DateCommon Stock and Non-controlling OP Unit Distributions per ShareSeries D Preferred Distributions per ShareSeries E Preferred Distributions per Share
January 22, 2021January 29, 2021$0.12515 $0.1458333 $0.138021 
February 17, 2021February 26, 20210.12515 0.1458333 0.138021 
March 18, 2021March 31, 20210.12515 0.1458333 0.138021 
$0.37545 $0.4374999 $0.414063 

Series F Preferred Stock Distributions
Record DatePayment DateDistribution per Share
January 27, 2021February 5, 2021$0.125 
February 24, 2021March 5, 20210.125 
March 24, 2021April 5, 20210.125 
$0.375 

Senior Common Stock Distributions
Payable to the Holders of Record During the Month of:Payment DateDistribution per Share
JanuaryFebruary 5, 2021$0.0875 
FebruaryMarch 5, 20210.0875 
MarchApril 5, 20210.0875 
$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.