Gladstone Commercial Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity and Mezzanine Equity (Tables)

Stockholders' Equity and Mezzanine Equity (Tables)

12 Months Ended

Dec. 31, 2016

We paid the following distributions per share for the years ended December 31, 2016, 2015, and 2014:



	For the year ended December 31,
	2016			2015		2014
Common Stock	$	1.500		$	1.500	$	1.500
Senior Common Stock	1.0500			1.0500		1.0500
Series A Preferred Stock	1.9374996			1.9374996		1.9374996
Series B Preferred Stock	1.8750			1.8750		1.8750
Series C Preferred Stock	1.1330		(1)	1.7813		1.7813
Series D Preferred Stock	1.0538			—		—

(1) We fully redeemed our Series C Preferred Stock on August 19, 2016, and paid all outstanding shareholders a prorated dividend for the month of August.

Summary of Changes in Stockholders' Equity

The characterization of distributions during each of the last three years is reflected in the table below:



	Ordinary Income		Return of Capital		Long-Term Capital Gains
Common Stock
For the year ended December 31, 2014	—	%	100.00000	%	—	%
For the year ended December 31, 2015	18.80114	%	79.50018	%	1.69868	%
For the year ended December 31, 2016	28.81758	%	71.18242	%	—	%
Senior Common Stock
For the year ended December 31, 2014	—	%	100.00000	%	—	%
For the year ended December 31, 2015	91.71368	%	—	%	8.28632	%
For the year ended December 31, 2016	100.00000	%	—	%	—	%
Series A Preferred Stock
For the year ended December 31, 2014	24.10732	%	75.89268	%	—	%
For the year ended December 31, 2015	91.71368	%	—	%	8.28632	%
For the year ended December 31, 2016	100.00000	%	—	%	—	%
Series B Preferred Stock
For the year ended December 31, 2014	24.10732	%	75.89268	%	—	%
For the year ended December 31, 2015	91.71368	%	—	%	8.28632	%
For the year ended December 31, 2016	100.00000	%	—	%	—	%
Series C Preferred Stock
For the year ended December 31, 2014	24.10732	%	75.89268	%	—	%
For the year ended December 31, 2015	91.71368	%	—	%	8.28632	%
For the year ended December 31, 2016	100.00000	%	—	%	—	%
Series D Preferred Stock
For the year ended December 31, 2014	—	%	—	%	—	%
For the year ended December 31, 2015	—	%	—	%	—	%
For the year ended December 31, 2016	100.00000	%	—	%	—	%