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Subsequent Events | 6 Months Ended
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Jun. 30, 2021
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Distributions On July 13, 2021, our Board of Directors declared the following monthly distributions for the months of July, August and September of 2021:
Record Date |  | Payment Date |  | Common Stock and Non-controlling OP Unit Distributions per Share |  | Series E Preferred Distributions per Share |  | Series G Preferred Distributions per Share
July 23, 2021 |  | July 30, 2021 |  | $ | 0.12515 |  |  | $ | 0.138021 |  |  | $ | 0.125 |
August 23, 2021 |  | August 31, 2021 |  | 0.12515 |  |  | 0.138021 |  |  | 0.125 |
September 22, 2021 |  | September 30, 2021 |  | 0.12515 |  |  | 0.138021 |  |  | 0.125 |
|  |  |  | $ | 0.37545 |  |  | $ | 0.414063 |  |  | $ | 0.375 |
Senior Common Stock Distributions
Payable to the Holders of Record During the Month of: |  | Payment Date |  | Distribution per Share
July |  | August 6, 2021 |  | $ | 0.0875 |
August |  | September 3, 2021 |  | 0.0875 |
September |  | October 6, 2021 |  | 0.0875 |
|  |  |  | $ | 0.2625 |
Series F Preferred Stock Distributions
Record Date |  | Payment Date |  | Distribution per Share
July 28, 2021 |  | August 6, 2021 |  | $ | 0.125 |
August 25, 2021 |  | September 3, 2021 |  | 0.125 |
September 29, 2021 |  | October 6, 2021 |  | 0.125 |
|  |  |  | $ | 0.375 |
Equity Activity Equity Issuances Subsequent to June 30, 2021 and through August 9, 2021, we raised $2.1 million in net proceeds from the sale of 95,218 shares of common stock under our Common Stock ATM Program and $1.7 million in net proceeds from the sale of 74,560 shares of Series F Preferred Stock. Articles Supplementary Reclassifying Remaining Series D Preferred Stock On August 5, 2021, we filed Articles Supplementary (the “Reclassification Articles Supplementary”) with the SDAT, pursuant to which our board of directors reclassified and designated the remaining 2,490,445 shares of authorized but unissued Series D Preferred Stock as additional shares of common stock. After giving effect to the filing of the Reclassification Articles Supplementary, our authorized capital stock consists of 62,290,000 shares of common stock, 6,760,000 shares of Series E Preferred Stock, 26,000,000 shares of Series F Preferred Stock, 4,000,000 shares of Series G Preferred Stock, and 950,000 shares of senior common stock. The Reclassification Articles Supplementary did not increase our authorized shares of capital stock. Financing On July 20, 2021, we drew the remaining $15.0 million available under our Term Loan B to fund our Pacific, Missouri acquisition. Acquisitions On July 21, 2021, we purchased a four property, 80,604 square foot industrial portfolio in Pacific, Missouri, for $22.1 million. These properties are fully leased to one tenant on a triple net basis with a remaining lease term of 17.4 years.

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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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