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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Stockholders Equity
The following table presents the changes in Stockholders' Equity for the following periods.
For the Three Months EndedFor the Three Months EndedBalance at
Stockholders' Equity March 31, 2022June 30, 2022March 31, 2021June 30, 2021June 30, 2021
Balance, beginning of period$1,143,639 $1,021,935 $938,304 $1,027,186 $938,304 
Other comprehensive loss(78,538)(34,650)(42,234)7,842 (34,392)
Net income (loss)(66,434)(58,591)71,327 (69,174)2,153 
Issuance of Series C Preferred Stock— — 28,173 8,412 36,585 
Issuance of Common stock, net54,436 79,702 52,960 159,264 212,224 
Stock based compensation, net of withholding requirements935 959 1,199 1,205 2,404 
Common Stock repurchased— (1,544)— — — 
Series C Preferred dividends ($0.14583 per share)
(2,995)(2,996)(2,486)(2,996)(5,482)
Common stock dividends ($0.10 per share)
(29,108)(32,157)(20,057)(23,197)(43,254)
Balance, end of period$1,021,935 $972,658 $1,027,186 $1,108,542 $1,108,542 
Schedule of Dividends Payable
The following table presents the components of cumulative distributions to stockholders at June 30, 2022 and December 31, 2021.
Cumulative Distributions to StockholdersJune 30,
 2022
December 31, 2021
Preferred dividends$138,836 $132,845 
Common stock dividends1,766,375 1,705,110 
Total$1,905,211 $1,837,955 
Equity Transactions
The following tables present our equity transactions for the six months ended June 30, 2022 and for the year ended December 31, 2021.
Transaction TypeCompletion DateNumber of Shares
Per Share price (1)
Net Proceeds (costs)
June 30, 2022
2021 Common stock ATM Sales AgreementJanuary 11, 2022 - June 27, 202216,587 $8.09 $134,138 
Common stock repurchasedJune 21, 2022(248)$6.23 $(1,544)
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 six months ended June 30, 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 
April 15, 2022April 27, 2022$0.14583 998.5 
May 15, 2022May 27, 2022$0.14583 998.5 
June 15, 2022June 27, 2022$0.14583 998.5 
Total dividends paid$5,991 
The following table presents our common stock dividend transactions for the six months ended June 30, 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 
April 18, 2022April 29, 2022$0.10 10,359 
May 16, 2022May 27, 2022$0.10 10,639 
June 15, 2022June 29, 2022$0.10 11,159 
Total dividends paid$61,265