Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.22.2
Subsequent Events
 6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Distributions

On July 12, 2022, our Board of Directors declared the following monthly distributions for the months of July, August and September of 2022:

 
Record Date Payment Date Common Stock and Non-controlling OP Unit Distributions per Share Series E Preferred Distributions per Share Series G Preferred Distributions per Share
July 22, 2022 July 29, 2022 $ 0.12540  $ 0.138021  $ 0.125 
August 23, 2022 August 31, 2022 0.12540  0.138021  0.125 
September 22, 2022 September 30, 2022 0.12540  0.138021  0.125 
$ 0.37620  $ 0.414063  $ 0.375 

Senior Common Stock Distributions
Payable to the Holders of Record During the Month of: Payment Date Distribution per Share
July August 5, 2022 $ 0.0875 
August September 6, 2022 0.0875 
September October 5, 2022 0.0875 
$ 0.2625 

Series F Preferred Stock Distributions
Record Date Payment Date Distribution per Share
July 27, 2022 August 5, 2022 $ 0.125 
August 25, 2022 September 6, 2022 0.125 
September 27, 2022 October 5, 2022 0.125 
$ 0.375 

Equity Activity

Subsequent to June 30, 2022 and through August 1, 2022, we raised $7.4 million in net proceeds from the sale of 396,027 shares of common stock under our Common Stock ATM Program and $0.4 million in net proceeds from the sale of 16,808 shares of Series F Preferred Stock.

Sale Activity

On July 1, 2022, we sold our property in Jupiter, Florida for $19.0 million, resulting in a gain on sale, net of $8.0 million.

Financing Activity

On July 5, 2022, we repaid $3.6 million in fixed rate mortgage debt, collateralized by one property, at an interest rate of 5.05%.

On July 27, 2022, we extended the maturity date of $11.0 million in fixed rate mortgage debt, collateralized by one property, for 1.0 year at an interest rate of 5.50%.

On August 1, 2022, we repaid $6.6 million in fixed rate mortgage debt, collateralized by one property, at an interest rate of 4.53%.