Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.7.0.1
Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Distributions

On April 11, 2017, our Board of Directors declared the following monthly distributions for the months of April, May and June of 2017:

 
Record Date
 
Payment Date
 
Common Stock Distributions per Share
 
Series A Preferred Distributions per Share
 
Series B Preferred Distributions per Share
 
Series D Preferred Distributions per Share
April 21, 2017
 
April 28, 2017
 
$
0.125

 
$
0.1614583

 
$
0.15625

 
$
0.1458333

May 19, 2017
 
May 31, 2017
 
0.125

 
0.1614583

 
0.15625

 
0.1458333

June 21, 2017
 
June 30, 2017
 
0.125

 
0.1614583

 
0.15625

 
0.1458333


 
 
 
$
0.375

 
$
0.4843749

 
$
0.46875

 
$
0.4375


Senior Common Stock Distributions
Payable to the Holders of Record During the Month of:
 
Payment Date
 
Distribution per Share
April
 
May 5, 2017
 
$
0.0875

May
 
June 7, 2017
 
0.0875

June
 
July 10, 2017
 
0.0875


 
 
 
$
0.2625



Sale Activity

On April 7, 2017, we completed the sale of our Hazelwood, Missouri property for $2.1 million, recognizing a loss of $0.1 million. This property was classified as held for sale on our condensed consolidated balance sheet as of March 31, 2017.