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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS
 
On May 7, 2015, the Company's board of directors declared a cash distribution for the quarter ended March 31, 2015 on its common shares totaling $34.3 million, or $342,908 per common share. The distribution was paid on May 8, 2015 to common shareholders of record as of the close of business on May 7, 2015.

On March 26, 2015, the Company’s board of directors declared a cash distribution on its Series A LLC Preferred Shares totaling $6.9 million, or $0.460938 per share. The distribution was paid on April 15, 2015 to preferred shareholders as of the close of business on April 8, 2015.