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Equity (Tables) | 6 Months Ended
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Jun. 30, 2018
Equity [Abstract] |
Monthly Distributions Declared and Paid by Company's Board of Directors | The distributions to preferred and common stockholders declared by our Board of Directors and paid by us (except as noted) during the six months ended June 30, 2018 and 2017 are reflected in the table below.
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
Issuance |  | 2018 |  | 2017 |  | 2018 |  | 2017
Series A Term Preferred Stock(1) |  | $ | 0.3984375 |  |  | $ | 0.3984375 |  |  | $ | 0.7968750 |  |  | $ | 0.7968750 |
Series B Preferred Stock(2) |  | 0.125 |  |  | — |  |  | 0.125 |  |  | — |
Common Stock(3) |  | 0.13290 |  |  | 0.13050 |  |  | 0.26565 |  |  | 0.25950 |
(1) | Treated similar to interest expense on the accompanying Condensed Consolidated Statements of Operations.
(2) | On June 11, 2018, this dividend was declared by our Board of Directors for each share of Series B Preferred Stock issued and outstanding as of June 26, 2018, and was paid by us on July 5, 2018. The resulting dividend payable of approximately $3,000 is included within Accounts Payable and Accrued Expense, on the accompanying Condensed Consolidated Balance Sheet as of June 30, 2018.
(3) | The same amounts were paid as distributions on each OP Unit held by non-controlling limited partners of the Operating Partnership.

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