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Subsequent Events
 9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Distributions

On October 11, 2022, our Board of Directors declared the following monthly distributions for the months of October, November and December of 2022:

 
Record DatePayment DateCommon Stock and Non-controlling OP Unit Distributions per ShareSeries E Preferred Distributions per ShareSeries G Preferred Distributions per Share
October 21, 2022October 31, 2022$0.12540 $0.138021 $0.125 
November 18, 2022November 30, 20220.12540 0.138021 0.125 
December 20, 2022December 30, 20220.12540 0.138021 0.125 
$0.37620 $0.414063 $0.375 

Senior Common Stock Distributions
Payable to the Holders of Record During the Month of:Payment DateDistribution per Share
OctoberNovember 4, 2022$0.0875 
NovemberDecember 5, 20220.0875 
DecemberJanuary 6, 20230.0875 
$0.2625 

Series F Preferred Stock Distributions
Record DatePayment DateDistribution per Share
October 26, 2022November 4, 2022$0.125 
November 23, 2022December 5, 20220.125 
December 28, 2022January 6, 20230.125 
$0.375 

Equity Activity

Subsequent to September 30, 2022 and through November 7, 2022, we raised $0.2 million in net proceeds from the sale of 8,500 shares of Series F Preferred Stock.
Sale Activity

On October 28, 2022, we sold one of our properties in Columbus, Ohio for $2.3 million, resulting in a loss on sale, net, of $0.02 million.

Acquisition Activity

On October 26, 2022, we purchased a 68,674 square foot industrial property in Denver, Colorado for $12.0 million. This property is fully leased to one tenant on a 20.0 year lease.

Financing Activity

On October 26, 2022, we issued $6.6 million of swapped to fixed rate debt in connection with property acquisition on the same date, with a term of 6.9 years and interest rate swapped to 5.90%.

Election of Director

Effective October 11, 2022, Paula Novara was elected to our Board of Directors. Ms. Novara also serves as head of human resources, facilities and office management and IT of the Adviser and certain of its affiliates.