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Shareholders' Equity | 6 Months Ended
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Jun. 30, 2024
Stockholders' Equity Note [Abstract] |
Shareholders' Equity | Note 9. Shareholders’ Equity Share Awards On June 14, 2024, in accordance with our Trustee compensation arrangements, we awarded 18,255 of our common shares, valued at $4.93 per share, the closing price of our common shares on The Nasdaq Stock Market LLC, or Nasdaq, on that day to each of our eight Trustees as part of their annual compensation. Share Purchases During the six months ended June 30, 2024, we purchased an aggregate of 11,798 of our common shares, valued at a weighted average share price of $6.66 per common share, from certain former officers and employees of RMR in satisfaction of tax withholding and payment obligations in connection with the vesting of awards of our common shares. We withheld and purchased these common shares at their fair market values based upon the trading prices of our common shares at the close of trading on Nasdaq on the applicable purchase dates. Distributions During the six months ended June 30, 2024, we declared and paid regular quarterly distributions to common shareholders as follows:
Declaration Date |  | Record Date |  | Paid Date |  | Dividend Per Common Share |  | Total Distributions
January 11, 2024 |  | January 22, 2024 |  | February 15, 2024 |  | $ | 0.20 |  |  | $ | 33,154 |
April 11, 2024 |  | April 22, 2024 |  | May 16, 2024 |  | 0.20 |  |  | 33,152 |
|  |  |  |  |  | $ | 0.40 |  |  | $ | 66,306 |
On July 11, 2024, we declared a regular quarterly distribution to common shareholders of record as of July 22, 2024 of $0.20 per common share, or approximately $33,178. We expect to pay this distribution on or about August 15, 2024.

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