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Equity (Tables) | 9 Months Ended
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Sep. 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 nine months ended September 30, 2018 and 2017 are reflected in the table below.
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
Issuance |  | 2018 |  | 2017 |  | 2018 |  | 2017
Series A Term Preferred Stock(1) |  | $ | 0.3984375 |  |  | $ | 0.3984375 |  |  | $ | 1.1953125 |  |  | $ | 1.1953125 |
Series B Preferred Stock(2) |  | 0.375 |  |  | — |  |  | 0.500 |  |  | — |
Common Stock(3) |  | 0.13305 |  |  | 0.13200 |  |  | 0.39870 |  |  | 0.39150 |
(1) | Treated similar to interest expense on the accompanying Condensed Consolidated Statements of Operations.
(2) | Of the dividends declared on the Series B Preferred Stock by our Board of Directors on July 10, 2018, approximately $49,000 was paid by us (as scheduled) on October 5, 2018. The resulting dividend payable is included within Accounts payable and accrued expenses on the accompanying Condensed Consolidated Balance Sheet as of September 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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