Dividends and Distributions (Tables)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Schedule of dividends declared and distributions paid

The following tables summarize dividends declared and distributions paid to the holders of common shares and Series B Preferred Shares for the nine months ended September 30, 2018 and 2017.

Nine Months Ended September 30, 2018
Month Declared/Paid	Dividend Per Share		Distributions Declared				Distributions Paid
			Common Shares		Series B Preferred Shares		Common Shares			Series B Preferred Shares
(In thousands, except per share amounts)
January (a)	$	0.019	$	1,291	$	619	$	1,291		$	619
March/April	0.140		20,145		—		20,145
March (c)							(79		)	—		Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
March/April							20			—		Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
June/July	0.190		27,250		—		27,246			—
June (d)							(114		)	—		Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
June/July							28			—		Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
September/October	0.190		28,072		—		—
			$	76,758			$	48,537
Series B Preferred Shares - Fixed Dividend
January (a)					1,198					1,198
Total distributions paid to holders of Series B Preferred Shares (b)					$	1,817				$	1,817

(a) Stub period dividend paid to shareholders of record prior to the IPO.

(b) Last Participating and Fixed Dividend paid to holders of Series B Preferred Shares in connection with the conversion to common shares on the IPO date.

(c) Declared in March and included in the $20.1 million declared, see description to the right regarding timing of payment.

(d) Declared in June and included in the $27.3 million declared, see description to the right regarding timing of payment.

Nine Months Ended September 30, 2017
Month Declared/Paid	Dividend Per Share		Distributions Declared					Distributions Paid
			Common Shares		Series B Preferred Shares			Common Shares		Series B Preferred Shares
(In thousands, except per share amounts)
March/April	$	0.073	$	5,053	$	2,421	(a)	$	5,053	$	2,421
June/July	0.073		5,054		2,422		(a)	5,054		2,422
September/October	0.073		5,053		2,421		(a)	—		—
			$	15,160	7,264			$	10,107	4,843
Series B Preferred Shares - Fixed Dividend
March/April					4,688					4,688
June/July					4,687					4,687
September/October					4,688					—
Total distributions paid or accrued to holders of Series B Preferred Shares					$	21,327				$	14,218

(a) Participating Dividend.