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Equity and Mezzanine Equity (Tables)
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Summary of Changes in Stockholders' Equity
The following table summarizes the changes in our equity for the three and six months ended June 30, 2023 and 2022 (in thousands):
 
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Senior Common Stock
Balance, beginning of period$1 $1 $1 $1 
Issuance of senior common stock, net— — — — 
Balance, end of period$1 $1 $1 $1 
Common Stock
Balance, beginning of period$40 $38 $39 $37 
Issuance of common stock, net— 1 1 2 
Repurchase of common stock, net(1)— (1)— 
Balance, end of period$39 $39 $39 $39 
Series F Preferred Stock
Balance, beginning of period$1 $— $1 $— 
Issuance of Series F preferred stock, net— 1 — 1 
Redemption of Series F preferred stock, net— — — — 
Balance, end of period$1 $1 $1 $1 
Additional Paid in Capital
Balance, beginning of period$725,874 $692,795 $721,327 $671,134 
Issuance of common stock and Series F preferred stock, net1,651 12,908 6,036 34,657 
Repurchase of common stock, net998 — 998 — 
Redemption of Series F preferred stock, net131 — 217 55 
Retirement of senior common stock, net — — 52 — 
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership(74)(74)(50)(217)
Balance, end of period$728,580 $705,629 $728,580 $705,629 
Accumulated Other Comprehensive Income
Balance, beginning of period$6,008 $2,921 $11,640 $(1,346)
Comprehensive income8,025 2,603 2,130 6,870 
Reclassification into interest expense264 — 527 — 
Balance, end of period$14,297 $5,524 $14,297 $5,524 
Distributions in Excess of Accumulated Earnings
Balance, beginning of period$(541,042)$(482,827)$(529,104)$(468,908)
Distributions declared to common, senior common, and preferred stockholders(15,156)(17,663)(30,265)(35,019)
Redemption of Series F preferred stock, net(6)— (11)(5)
Net income attributable to the Company(4,515)1,634 (1,339)5,076 
Balance, end of period$(560,719)$(498,856)$(560,719)$(498,856)
Total Stockholders' Equity
Balance, beginning of period$190,882 $212,928 $203,904 $200,918 
Issuance of common stock and Series F preferred stock, net1,651 12,910 6,037 34,660 
Repurchase of common stock, net997 — 997 — 
Redemption of Series F preferred stock, net125 — 206 50 
Retirement of senior common stock, net— — 52 — 
Distributions declared to common, senior common, and preferred stockholders(15,156)(17,663)(30,265)(35,019)
Comprehensive income8,025 2,603 2,130 6,870 
Reclassification into interest expense264 — 527 — 
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership(74)(74)(50)(217)
Net income attributable to the Company(4,515)1,634 (1,339)5,076 
Balance, end of period$182,199 $212,338 $182,199 $212,338 
Non-Controlling Interest
Balance, beginning of period$1,641 $1,308 $1,790 $1,259 
Distributions declared to Non-controlling OP Unit holders(118)(97)(235)(193)
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership74 74 50 217 
Net loss attributable to OP units held by Non-controlling OP Unitholders(73)(10)(81)(8)
Balance, end of period$1,524 $1,275 $1,524 $1,275 
Total Equity$183,723 $213,613 $183,723 $213,613 
Schedule of Dividends Paid
We paid the following distributions per share for the three and six months ended June 30, 2023 and 2022:

For the three months ended June 30,For the six months ended June 30,
2023202220232022
Common Stock and Non-controlling OP Units$0.30000 $0.37620 $0.60000 $0.75240 
Senior Common Stock0.2625 0.2625 0.5250 0.5250 
Series E Preferred Stock0.414063 0.414063 0.828126 0.828126 
Series F Preferred Stock0.375 0.375 0.750 0.750 
Series G Preferred Stock0.375 0.375 0.750 0.750