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SUBSEQUENT EVENTS | 3 Months Ended
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Mar. 31, 2025
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Distributions On April 8, 2025, our Board of Directors declared the following monthly cash distributions to holders of our preferred and common stock:
Issuance |  | Record Date |  | Payment Date |  | Distribution per Share
Series B Preferred Stock: |  | April 21, 2025 |  | April 30, 2025 |  | $ | 0.125 |
|  | May 21, 2025 |  | May 30, 2025 |  | 0.125 |
|  | June 20, 2025 |  | June 30, 2025 |  | 0.125 |
Total Series B Preferred Stock Distributions: |  | $ | 0.375 |
Series C Preferred Stock: |  | April 21, 2025 |  | April 30, 2025 |  | $ | 0.125 |
|  | May 21, 2025 |  | May 30, 2025 |  | 0.125 |
|  | June 20, 2025 |  | June 30, 2025 |  | 0.125 |
Total Series C Preferred Stock Distributions: |  | $ | 0.375 |
Series D Term Preferred Stock: |  | April 21, 2025 |  | April 30, 2025 |  | $ | 0.104167 |
|  | May 21, 2025 |  | May 30, 2025 |  | 0.104167 |
|  | June 20, 2025 |  | June 30, 2025 |  | 0.104167 |
Total Series D Term Preferred Stock Distributions: |  | $ | 0.312501 |
Series E Preferred Stock: |  | April 25, 2025 |  | May 5, 2025 |  | $ | 0.104167 |
|  | May 27, 2025 |  | June 5, 2025 |  | 0.104167 |
|  | June 25, 2025 |  | July 3, 2025 |  | 0.104167 |
Total Series E Preferred Stock Distributions: |  | $ | 0.312501 |
Common Stock(1): |  | April 21, 2025 |  | April 30, 2025 |  | $ | 0.0467 |
|  | May 21, 2025 |  | May 30, 2025 |  | 0.0467 |
|  | June 20, 2025 |  | June 30, 2025 |  | 0.0467 |
Total Common Stock Distributions |  | $ | 0.1401 |
(1)The same amounts paid to common stockholders were or will be paid as distributions on each OP Unit held by non-controlling OP Unitholders, if any, as of the above record dates.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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