Redeemable Preferred Stock Proceeds and offering costs (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Stockholders Equity [Table Text Block]

Cumulative gross proceeds and offering costs for our equity offerings that were active during 2019 consisted of:



(In thousands)							Deferred Offering Costs
Offering	Total offering				Gross proceeds as of December 31, 2019		Reclassified as reductions of stockholders' equity		Recorded as deferred assets		Total		Specifically identifiable offering costs ⁽¹⁾		Total offering costs
$1.5 Billion Unit Offering	$	1,500,000			$	1,171,116	$	11,979	$	807	$	12,786	$	109,844	$	122,630
mShares Offering	500,000		⁽²	⁾	105,984		3,855		—		3,855		3,911		7,766
Series A1/M1 Offering	1,000,000		⁽³	⁾	9,472		5		521		526		486		1,012
2016 Shelf Offering	300,000		⁽⁴	⁾	98,080		2,062		—		2,062		3,001		5,063
2019 Shelf Offering	400,000		⁽⁵	⁾	—		—		819		819		—		819

Total	$	3,700,000			$	1,384,652	$	17,901	$	2,147	$	20,048	$	117,242	$	137,290

⁽¹⁾These offering costs specifically identifiable to offering closing transactions, such as commissions, dealer manager fees, and other registration fees, are reflected as a reduction of stockholders' equity at the time of closing.

⁽²⁾ The mShares Offering expired on December 2, 2019.

⁽³⁾On September 27, 2019, the Company's Series A1/M1 Registration Statement was declared effective.

⁽⁴⁾ The $300 million 2016 Shelf Offering expired in second quarter 2019, and therefore all remaining deferred offering costs were reclassified as reductions of stockholder's equity.

⁽⁵⁾ On April 25, 2019, the Company's 2019 Shelf Registration Statement was declared effective.