Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.5.0.2
Subsequent Events
 6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
On July 12, 2016, our Board of Directors declared the following monthly distributions for the months of July, August and September:
 
Record Date
 
Payment Date
 
Common Stock Distributions per Share
 
Series A Preferred Distributions per Share
 
Series B Preferred Distributions per Share
 
Series C Preferred Distributions per Share (1)
 
Series D Preferred Distributions per Share
July 22, 2016
 
August 2, 2016
 
$
0.125

 
$
0.1614583

 
$
0.15625

 
$
0.1484375

 
$
0.1458333

August 22, 2016
 
August 31, 2016
 
0.125

 
0.1614583

 
0.15625

 
—

 
0.1458333

September 21, 2016
 
September 30, 2016
 
0.125

 
0.1614583

 
0.15625

 
—

 
0.1458333

Total
 
 
 
$
0.375

 
$
0.4843749

 
$
0.46875

 
$
0.1484375

 
$
0.4374999


(1) On July 12, 2016, we sent notices of redemption for the remaining 540,000 shares outstanding of our Series C Preferred Stock. We intend to redeem these shares on August 19, 2016 at a redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends.

Senior Common Stock Distributions
 
Payable to the Holders of Record During the Month of:
 
Payment Date
 
Distribution per Share
 
July
 
August 5, 2016
 
$
0.0875

 
August
 
September 8, 2016
 
0.0875

 
September
 
October 7, 2016
 
0.0875

 
Total
 
 
 
$
0.2625

 

On July 12, 2016, we amended and restated our existing advisory agreement with our Adviser to redefine the definition of adjusted stockholders' equity, by entering into a third amended and restated advisory agreement, to include total mezzanine equity in the calculation of both the base management and incentive fee. All other provisions remained unchanged. The amended definition is effective as of July 1, 2016.