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Subsequent Events
3 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Distributions

On April 11, 2023, our Board of Directors declared the following monthly distributions for the months of April, May and June of 2023:

 
Record DatePayment DateCommon Stock and Non-controlling OP Unit Distributions per ShareSeries E Preferred Distributions per ShareSeries G Preferred Distributions per Share
April 21, 2023April 28, 2023$0.10 $0.138021 $0.125 
May 23, 2023May 31, 20230.10 0.138021 0.125 
June 21, 2023June 30, 20230.10 0.138021 0.125 
$0.30 $0.414063 $0.375 

Senior Common Stock Distributions
Payable to the Holders of Record During the Month of:Payment DateDistribution per Share
AprilMay 5, 2023$0.0875 
MayJune 5, 20230.0875 
JuneJuly 5, 20230.0875 
$0.2625 
Series F Preferred Stock Distributions
Record DatePayment DateDistribution per Share
April 26, 2023May 5, 2023$0.125 
May 26, 2023June 5, 20230.125 
June 27, 2023July 5, 20230.125 
$0.375 

Equity Activity

Subsequent to March 31, 2023 and through May 3, 2023, we raised $0.3 million in net proceeds from the sale of 13,172 shares of Series F Preferred Stock.

Acquisition Activity

On April 14, 2023, we purchased a 76,089 square foot industrial property in Riverdale, Illinois for $5.3 million. This property is fully leased to one tenant on a 20.0-year lease.

Financing Activity

On April 6, 2023, we repaid $2.7 million of fixed rate debt, collateralized by one property, at an interest rate of 4.16%.