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Equity and Mezzanine Equity (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Dividends Declared

We paid the following distributions per share for the years ended December 31, 2020, 2019, and 2018:

						For the year ended December 31,
						2020						2019						2018
Common Stock and Non-controlling OP Units						$	1.5018					$	1.5000					$	1.5000
Senior Common Stock						1.0500						1.0500						1.0500
Series A Preferred Stock						—			(1)			1.6038191			(1)			1.9374996
Series B Preferred Stock						—			(1)			1.5521			(1)			1.8750
Series D Preferred Stock						1.7500						1.7500						1.7500
Series E Preferred Stock						1.656252						0.404900			(3)			—
Series F Preferred Stock						0.7500			(2)			—						—

(1)We fully redeemed our Series A and B Preferred Stock on October 28, 2019.

(2)Prior to July 1, 2020, Series F Preferred Stock distributions were declared, but not paid, as there were no Series F Preferred Stock shares outstanding on the applicable dividend record dates.

(3)We issued our Series E Preferred Stock on October 4, 2019.

Summary of Changes in Stockholders' Equity

The characterization of distributions during each of the last three years is reflected in the table below:

						Ordinary Income						Return of Capital						Long-Term Capital Gains
Common Stock and OP Units
For the year ended December 31, 2018						24.46913		%				75.53087		%				—		%
For the year ended December 31, 2019						44.46159		%				55.53841		%				—		%
For the year ended December 31, 2020						37.28754		%				62.71246		%				—		%
Senior Common Stock
For the year ended December 31, 2018						100.00000		%				—		%				—		%
For the year ended December 31, 2019						100.00000		%				—		%				—		%
For the year ended December 31, 2020						100.00000		%				—		%				—		%
Series A Preferred Stock
For the year ended December 31, 2018						100.00000		%				—		%				—		%
For the year ended December 31, 2019						100.00000		%				—		%				—		%
For the year ended December 31, 2020						—		%				—		%				—		%
Series B Preferred Stock
For the year ended December 31, 2018						100.00000		%				—		%				—		%
For the year ended December 31, 2019						100.00000		%				—		%				—		%
For the year ended December 31, 2020						—		%				—		%				—		%
Series D Preferred Stock
For the year ended December 31, 2018						100.00000		%				—		%				—		%
For the year ended December 31, 2019						100.00000		%				—		%				—		%
For the year ended December 31, 2020						100.00000		%				—		%				—		%
Series E Preferred Stock
For the year ended December 31, 2018						—		%				—		%				—		%
For the year ended December 31, 2019						100.00000		%				—		%				—		%
For the year ended December 31, 2020						100.00000		%				—		%				—		%
Series F Preferred Stock
For the year ended December 31, 2018						—		%				—		%				—		%
For the year ended December 31, 2019						—		%				—		%				—		%
For the year ended December 31, 2020						100.00000		%				—		%				—		%

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Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date.

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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