Summary of Changes in Stockholders' Equity |
The following table summarizes the changes in our stockholders’ equity for the six months ended June 30, 2017 (dollars in thousands):
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Shares Issued and Retired |
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Series A and B Preferred Stock |
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Common Stock |
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Senior Common Stock |
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Series A and B Preferred Stock |
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Senior Common Stock |
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Common Stock |
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Additional Paid in Capital |
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Other Comprehensive Income |
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Distributions in Excess of Accumulated Earnings |
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Total Stockholders' Equity |
Balance at December 31, 2016 |
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2,264,000 |
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24,882,758 |
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|
959,552 |
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$ |
2 |
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$ |
1 |
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$ |
25 |
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$ |
463,436 |
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$ |
— |
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$ |
(223,587 |
) |
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$ |
239,877 |
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Issuance of Series A and B preferred stock and common stock, net |
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— |
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855,238 |
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— |
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— |
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— |
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1 |
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17,886 |
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— |
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— |
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17,887 |
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Conversion of senior common stock to common stock |
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— |
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16,880 |
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(18,768 |
) |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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Distributions declared to common, senior common and preferred stockholders |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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(24,159 |
) |
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(24,159 |
) |
Other comprehensive income |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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179 |
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— |
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|
179 |
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Net income |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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5,020 |
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|
5,020 |
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Balance at June 30, 2017 |
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2,264,000 |
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25,754,876 |
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|
940,784 |
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$ |
2 |
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$ |
1 |
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$ |
26 |
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$ |
481,322 |
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$ |
179 |
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$ |
(242,726 |
) |
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$ |
238,804 |
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