Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of dividends paid per share on Series A Cumulative Preferred Stock and common shares


	Year Ended December 31,
Record Date	2016		2015		2014
Common Stock:
Ordinary income	$	2.36	$	1.70	$	1.15
Qualified dividend		—		—		—
Capital gains		—		—		—
Return of capital		—		—		—
Total dividend (1)	$	2.36	$	1.70	$	1.15

Preferred Stock:
Ordinary income	$	1.81	$	1.81	$	1.81
Qualified dividend		—		—		—
Capital gains		—		—		—
Total dividend (2)	$	1.81	$	1.81	$	1.81

(1)

Of the $2.36 taxable dividend in 2016, $0.80 was paid in January 2017, of which $0.44 will apply to tax year 2017. Of the $1.70 taxable dividend in 2015, $0.53 was paid in January 2016, of which $0.41 will apply to tax year 2016. Of the $1.15 taxable dividends in 2014, $0.42 was paid in January 2015, of which $0.32 applies to tax year 2015.

(2)

Of the $1.81 taxable dividend in 2016, $0.45 was paid in January 2017. Of the $1.81 taxable dividend in 2015, $0.45 was paid in January 2016. Of the $1.81 taxable dividend in 2014, $0.45 was paid in January 2015.