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Preferred Stock and Units (Tables)
9 Months Ended
Sep. 30, 2019
Preferred Stock And Units [Abstract]  
Schedule of Series of Cumulative Redeemable Perpetual Preferred Stock The following table sets forth our Cumulative Redeemable Perpetual Preferred Stock by series:

 

 

Per

 

 

 

 

Number of Shares

 

 

Quarterly

 

 

 

 

Annum

 

 

Liquidation

 

Issued and Outstanding as of

 

 

Distributions

 

 

Preferred Stock - Series

 

Rate

 

 

Preference

 

September 30, 2019

 

 

December 31, 2018

 

 

Per Share

 

 

Series B Preferred Stock

 

 

8.000

%

 

$25.00

 

 

1,610,000

 

 

 

1,610,000

 

 

$

0.500000

 

 

Series C Preferred Stock

 

 

7.875

%

 

$25.00

 

 

1,554,610

 

 

 

1,352,141

 

 

$

0.492188

 

 

Series D Preferred Stock

 

 

8.250

%

 

$25.00

 

 

1,200,000

 

 

 

-

 

 

$

0.515625

 

(1)

 

 

(1)

The initial quarterly distribution for the Series D Preferred Stock paid on July 15, 2019 was pro-rated per the terms of the security in the amount of $0.41823 per share.

Schedule of Series of Cumulative Redeemable Perpetual Preferred Units The following table sets forth our Cumulative Redeemable Perpetual Preferred Units by series:

 

 

Per

 

 

 

 

Number of Units

 

 

Quarterly

 

 

 

 

Annum

 

 

Liquidation

 

Issued and Outstanding as of

 

 

Distributions

 

 

Preferred Units - Series

 

Rate

 

 

Preference

 

September 30, 2019

 

 

December 31, 2018

 

 

Per Unit

 

 

Series B Preferred Units

 

 

8.000

%

 

$25.00

 

 

1,610,000

 

 

 

1,610,000

 

 

$

0.500000

 

 

Series C Preferred Units

 

 

7.875

%

 

$25.00

 

 

1,554,610

 

 

 

1,352,141

 

 

$

0.492188

 

 

Series D Preferred Units

 

 

8.250

%

 

$25.00

 

 

1,200,000

 

 

 

-

 

 

$

0.515625

 

(1)

 

(1)

The initial quarterly distribution for the Series D Preferred Units paid on July 15, 2019 was pro-rated per the terms of the security in the amount of $0.41823 per unit.