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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of Stockholders Equity
The following table presents the changes in Stockholders' Equity for the following periods.
Stockholders' Equity March 31, 2022March 31, 2021
Balance, beginning of quarter$1,143,639 $938,304 
Other comprehensive loss(78,538)(42,234)
Net income (loss)(66,434)71,327 
Issuance of Series C Preferred Stock— 28,173 
Issuance of Common stock, net54,436 52,960 
Stock based compensation, net of withholding requirements935 1,199 
Series C Preferred dividends ($0.14583 per share)
(2,995)(2,486)
Common stock dividends ($0.10 per share)
(29,108)(20,057)
Balance, end of quarter$1,021,935 $1,027,186 
Schedule of Dividends Payable
The following table presents the components of cumulative distributions to stockholders at March 31, 2022 and December 31, 2021.
Cumulative Distributions to StockholdersMarch 31, 2022December 31, 2021
Preferred dividends$135,841 $132,845 
Common stock dividends1,734,217 1,705,110 
Total$1,870,058 $1,837,955 
Equity Transactions
The following tables present our equity transactions for the three months ended March 31, 2022 and for the year ended December 31, 2021.
Transaction TypeCompletion DateNumber of Shares
Per Share price (1)
Net Proceeds (Costs)
March 31, 2022
2021 Common stock ATM Sales AgreementJanuary 11, 2022 - March 31, 20226,162 $8.83 $54,436 
December 31, 2021
Preferred C ATM Sales AgreementJanuary 19, 2021 - April 9, 20211,500 $24.38 $36,585 
Common stock ATM Sales AgreementMarch 3, 2021 - May 18, 202110,713 $12.07 $129,336 
2021 Common stock ATM Sales AgreementMay 19, 2021 - December 10, 202117,915 $11.13 $199,444 
(1)Weighted average price
Dividends Transactions
The following table presents our Series C Preferred Stock dividend transactions for the three months ended March 31, 2022.
Record DatePayment Date
Rate per
Series C
Preferred Share
Aggregate
amount paid to
holders of record
January 15, 2022January 27, 2022$0.14583 $998.5 
February 15, 2022February 28, 2022$0.14583 998.5 
March 15, 2022March 28, 2022$0.14583 998.5 
Total dividends paid$2,995.5 
The following table presents our common stock dividend transactions for the three months ended March 31, 2022.
Record DatePayment DateRate per common shareAggregate
amount paid to
holders of record
January 18, 2022January 28, 2022$0.10 $9,654 
February 15, 2022February 28, 2022$0.10 9,690 
March 15, 2022March 28, 2022$0.10 9,764 
Total dividends paid$29,108