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EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2022
EQUITY |
Schedule of details of public offering | ​ The following details the public offering (in thousands, except per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Series | ​ | Dividend Rate | ​ | Issued | ​ | Shares Outstanding | ​ | Gross Proceeds | ​ | Net Proceeds | ​ | Dividend per Share | ​ | Earliest Redemption Date
Series A | ​ | 6.375% | ​ | July 2021 | ​ | 3,000,000 | ​ | $ | 75,000 | ​ | $ | 72,428 | ​ | $ | 0.3984 | ​ | July 2026
​
Schedule of dividend declared and paid for stock | The following table outlines dividends declared and paid for each issuance of CTO’s stock during the years ended December 31, 2022, 2021, and 2020 (in thousands, except per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended | ​
​ | ​ | December 31, 2022 | ​ | December 31, 2021 | ​ | December 31, 2020 | ​
Series A Preferred Stock | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Dividends | ​ | $ | 4,781 | ​ | $ | 2,325 | ​ | $ | — | ​
Per Share | ​ | $ | 1.59 | ​ | $ | 0.77 | ​ | $ | — | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common Stock | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Dividends | ​ | $ | 28,896 | ​ | $ | 23,580 | ​ | $ | 64,665 | (1)
Per Share | ​ | $ | 1.49 | ​ | $ | 1.33 | ​ | $ | 4.63 | (1)
(1)​ | Represents the aggregate of (i) $0.63 per share of regular cash dividends totaling $8.9 million and (ii) $3.99 per share Special Distribution totaling $55.8 million, of which $5.6 million was paid in cash.

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