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Dividends and Distributions (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of dividends declared and distributions paid
The following tables summarize dividends declared and distributions paid to the holders of common shares for the nine months ended September 30, 2020 and 2019.
Nine Months Ended September 30, 2020
Month Declared/PaidDividend Per ShareDistributions DeclaredDistributions Paid
Common Shares Common Shares
(In thousands, except per share amounts)
December (2019)/January$0.2000 $— $38,796 
December(a)
— (169)Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
December (2019)/January— Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
March/April0.2100 42,568 42,568 
March(b)
— (233)Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
March/April— 10 Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
May/July0.2100 43,271 43,271 
May (c)
— (232)Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
May/July— 10 Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
September/October$0.2100 43,282 — 
$129,121 $124,025 
(a)Declared in December 2019 and included in the $38.8 million declared, see description to the right regarding timing of payment.
(b)Declared in March and included in the $42.6 million declared, see description to the right regarding timing of payment.
(c)Declared in May and included in the $43.3 million declared, see description to the right regarding timing of payment.
Nine Months Ended September 30, 2019
Month Declared/PaidDividend Per ShareDistributions DeclaredDistributions Paid
Common Shares Common Shares
(In thousands, except per share amounts)
December (2018)/January$0.1875 $— $28,218 
December(a)
(127)Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
December (2018)/JanuaryDividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
March/April0.2000 30,235 30,235 
March (b)
(142)Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
March/April15 Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
May/July0.2000 38,764 38,764 
May (c)
— (172)Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
May/July— 13 Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
August/October$0.2000 38,795 — 
$107,794 $96,811 
(a)Declared in December 2018 and included in the $28.2 million declared, see description to the right regarding timing of payment.
(b)Declared in March and included in the $30.2 million declared, see description to the right regarding timing of payment.
(c)Declared in May and included in the $38.8 million declared, see description to the right regarding timing of payment.