Subsequent Events	6 Months Ended
Jun. 30, 2022
Subsequent Events
Subsequent Events	10. Subsequent Events On July 5, 2022, the Company announced that its Board of Directors had adopted a variable quarterly dividend policy, which replaces its previous regular quarterly dividend policy. Under the new variable quarterly dividend policy, the Company’s Board of Directors will determine quarterly dividends based upon a variety of factors, including the Company’s estimates of its annual taxable income and the amount that the Company is required to distribute annually in the aggregate to enable the Company to continue to qualify as a real estate investment trust for federal income tax purposes. On July 5, 2022, the Board of Directors of the Company declared a cash distribution of $0.01 per share of common stock payable on August 11, 2022 to stockholders of record on July 19, 2022. On July 6, 2022, the Company entered into a reinstatement of, and amendment to, a Purchase and Sale Agreement with a third-party buyer for the disposition of two properties located in Broomfield, Colorado. Assuming satisfaction of certain customary conditions to close, the closing of the sale of the properties is expected to take place during the third quarter of 2022.

Subsequent Events

6 Months Ended

Jun. 30, 2022

10. Subsequent Events

On July 5, 2022, the Company announced that its Board of Directors had adopted a variable quarterly dividend policy, which replaces its previous regular quarterly dividend policy. Under the new variable quarterly dividend policy, the Company’s Board of Directors will determine quarterly dividends based upon a variety of factors, including the Company’s estimates of its annual taxable income and the amount that the Company is required to distribute annually in the aggregate to enable the Company to continue to qualify as a real estate investment trust for federal income tax purposes. On July 5, 2022, the Board of Directors of the Company declared a cash distribution of $0.01 per share of common stock payable on August 11, 2022 to stockholders of record on July 19, 2022.

On July 6, 2022, the Company entered into a reinstatement of, and amendment to, a Purchase and Sale Agreement with a third-party buyer for the disposition of two properties located in Broomfield, Colorado. Assuming satisfaction of certain customary conditions to close, the closing of the sale of the properties is expected to take place during the third quarter of 2022.