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Equity and Mezzanine Equity (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Dividends Declared

We paid the following distributions per share for the years ended December 31, 2023, 2022, and 2021:

						For the year ended December 31,
						2023						2022						2021
Common Stock and Non-controlling OP Units						$	1.200000					$	1.504800					$	1.502175
Senior Common Stock						1.05						1.05						1.05
Series D Preferred Stock						—						—						0.8750			(1)
Series E Preferred Stock						1.656252						1.656252						1.656252
Series F Preferred Stock						1.50						1.50						1.50
Series G Preferred Stock						1.50						1.50						0.7500			(2)

(1)We redeemed all outstanding shares of our Series D Preferred Stock on June 30, 2021.

(2)Series G Preferred Stock was issued on June 28, 2021.

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, 2021						28.14778		%				71.85222		%				—		%
For the year ended December 31, 2022						29.60044		%				70.39956		%				—		%
For the year ended December 31, 2023						5.39525		%				94.60475		%				—		%
Senior Common Stock
For the year ended December 31, 2021						100.00000		%				—		%				—		%
For the year ended December 31, 2022						100.00000		%				—		%				—		%
For the year ended December 31, 2023						100.00000		%				—		%				—		%
Series D Preferred Stock
For the year ended December 31, 2021						100.00000		%				—		%				—		%
For the year ended December 31, 2022						—		%				—		%				—		%
For the year ended December 31, 2023						—		%				—		%				—		%
Series E Preferred Stock
For the year ended December 31, 2021						100.00000		%				—		%				—		%
For the year ended December 31, 2022						100.00000		%				—		%				—		%
For the year ended December 31, 2023						100.00000		%				—		%				—		%
Series F Preferred Stock
For the year ended December 31, 2021						100.00000		%				—		%				—		%
For the year ended December 31, 2022						100.00000		%				—		%				—		%
For the year ended December 31, 2023						100.00000		%				—		%				—		%
Series G Preferred Stock
For the year ended December 31, 2021						100.00000		%				—		%				—		%
For the year ended December 31, 2022						100.00000		%				—		%				—		%
For the year ended December 31, 2023						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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-Name Accounting Standards Codification
-Section 50
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