Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events (Tables)

v3.23.1
Subsequent Events (Tables)
 3 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
Schedule of Equity Activity
The following table provides information on equity sales that have occurred subsequent to March 31, 2023 (dollars in thousands, except per-share amounts):
Type of Issuance Number of
Shares Sold		 Weighted Average Offering
Price Per Share		 Gross Proceeds
Net Proceeds(1)
Series E Preferred Stock 39,781 $ 24.89  $ 990  $ 895 
(1)Net of Selling Commissions and Dealer-Manager Fees or underwriting discounts and commissions (in each case, as applicable).
Schedule of Monthly Distributions Declared by Company's Board of Directors
On April 11, 2023, our Board of Directors authorized and we 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, 2023 April 28, 2023 $ 0.125 
May 23, 2023 May 31, 2023 0.125 
June 21, 2023 June 30, 2023 0.125 
Total Series B Preferred Stock Distributions: $ 0.375 
Series C Preferred Stock: April 26, 2023 May 5, 2023 $ 0.125 
May 26, 2023 June 5, 2023 0.125 
June 27, 2023 July 5, 2023 0.125 
Total Series C Preferred Stock Distributions: $ 0.375 
Series D Term Preferred Stock: April 21, 2023 April 28, 2023 $ 0.104167 
May 23, 2023 May 31, 2023 0.104167 
June 21, 2023 June 30, 2023 0.104167 
Total Series D Term Preferred Stock Distributions: $ 0.312501 
Series E Preferred Stock: April 26, 2023 May 5, 2023 $ 0.104167 
May 26, 2023 June 5, 2023 0.104167 
June 27, 2023 July 5, 2023 0.104167 
Total Series E Preferred Stock Distributions: $ 0.312501 
Common Stock(1):
April 21, 2023 April 28, 2023 $ 0.046 
May 23, 2023 May 31, 2023 0.046 
June 21, 2023 June 30, 2023 0.046 
Total Common Stock Distributions $ 0.138 
(1)The same amounts paid to common stockholders will be paid as distributions on each OP Unit held by non-controlling OP Unitholders as of the above record dates.