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Subsequent Events
6 Months Ended
Jun. 30, 2018
Subsequent Events  
Subsequent Events

9.  Subsequent Events

 

On July 6, 2018, the Board of Directors of the Company declared a cash distribution of $0.09 per share of common stock payable on August 9, 2018 to stockholders of record on July 20, 2018.

 

On July 19, 2018, an office property owned by a Sponsored REIT, Grand Boulevard, was sold to a third party.  The Company held an equity investment in Grand Boulevard and anticipates receiving distributions of approximately $6.3 million as this investment is liquidated.