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Dividends/Distributions
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Dividends/Distributions Dividends/DistributionsDuring the three months ended September 30, 2021 and 2020, the Company declared and paid cash distributions in an aggregate amount of $101,225 or $1.00 per share and $50,416 or $0.50 per share, respectively. During the nine months ended September 30, 2021 and 2020, the Company declared and paid cash distributions in an aggregate amount of $252,917 or $2.50 per share and $201,499 or $2.00 per share, respectively. The amount, timing and frequency of future distributions will be at the sole discretion of the Board of Directors and will be declared based upon various factors, a number of which may be beyond the Company’s control, including financial condition and operating cash flows, the amount required to maintain REIT status and reduce any income and excise taxes that the Company otherwise would be required to pay, limitations on distributions in our existing and future debt instruments, the Company’s ability to utilize net operating losses to offset, in whole or in part, the Company’s distribution requirements, limitations on its ability to fund distributions using cash generated through its taxable REIT subsidiaries (TRSs), the impact of COVID-19 on the Company’s operations and other factors that the Board of Directors may deem relevant. During the three and nine months ended September 30, 2021 and 2020, the Company paid cash dividend distributions to holders of its Series AA Preferred Stock in an aggregate amount of $91 or $15.95 per share and $273 or $47.85 for each period, respectively.