XML 31 R17.htm IDEA: XBRL DOCUMENT

Dividends Declared and Paid

12 Months Ended

Dec. 31, 2020

The Company declared regular common share dividends of $0.22 per share and distributions on LTIP units of $0.22 per unit for the year ended December 31, 2020. The dividends and distributions and their tax characterization were as follows:


	Record Date	Payment Date	Common share distribution amount		LTIP unit distribution amount		Taxable Ordinary Income		Return of Capital		Section 199A Dividends
January	1/31/2020	2/28/2020	$	0.11	$	0.11	$	—	$	0.1100	$	—
February	2/28/2020	3/27/2020	0.11		0.11		—		0.1100		—



















Total 2020			$	0.22	$	0.22	$	—	$	0.2200	$	—


	Record Date	Payment Date	Common share distribution amount		LTIP unit distribution amount		Taxable Ordinary Income		Return of Capital		Section 199A Dividends
January	1/31/2019	2/22/2019	$	0.11	$	0.11	$	0.0847	$	0.0253	$	0.0847
February	2/28/2019	3/29/2019	0.11		0.11		0.0847		0.0253		0.0847
March	3/29/2019	4/26/2019	0.11		0.11		0.0847		0.0253		0.0847
1st Quarter 2019			$	0.33	$	0.33	$	0.2541	$	0.0759	$	0.2541

April	4/30/2019	5/31/2019	$	0.11	$	0.11	$	0.0847	$	0.0253	$	0.0847
May	5/31/2019	6/28/2019	0.11		0.11		0.0847		0.0253		0.0847
June	6/28/2019	7/26/2019	0.11		0.11		0.0847		0.0253		0.0847
2nd Quarter 2019			$	0.33	$	0.33	$	0.2541	$	0.0759	$	0.2541

July	7/31/2019	8/30/2019	$	0.11	$	0.11	$	0.0847	$	0.0253	$	0.0847
August	8/30/2019	9/27/2019	0.11		0.11		0.0847		0.0253		0.0847
September	9/30/2019	10/25/2019	0.11		0.11		0.0847		0.0253		0.0847
3rd Quarter 2019			$	0.33	$	0.33	$	0.2541	$	0.0759	$	0.2541

October	10/31/2019	11/29/2019	$	0.11	$	0.11	$	0.0847	$	0.0253	$	0.0847
November	11/29/2019	12/27/2019	0.11		0.11		0.0847		0.0253		0.0847
December	12/31/2019	1/31/2020	0.11		0.11		0.0847		0.0253		0.0847
4th Quarter 2019			$	0.33	$	0.33	$	0.2541	$	0.0759	$	0.2541

Total 2019			$	1.32	$	1.32	$	1.0164	$	0.3036	$	1.0164

For the year ended December 31, 2020, 100.0% of the distributions paid to stockholders were considered return of capital. For the year ended December 31, 2019, approximately 77.0% of the distributions paid to stockholders were considered ordinary income and approximately 23.0% were considered return of capital.