Stockholders' Equity

9 Months Ended

Sep. 30, 2017

7. Stockholders’ Equity

On October 16, 2017, we announced that we intend to redeem all 4,600,000 shares of our outstanding 7.25% Series A cumulative redeemable preferred stock (“Series A Preferred Stock”) on December 12, 2017. The Series A Preferred Stock will be redeemed for $25.00 per share, plus all accrued and unpaid dividends in an amount equal to $0.292014 per share, for a total payment of $25.292014 per share.

We declared the following dividends per share on our Series A Preferred Stock and common stock during the nine months ended September 30, 2017:


Declaration Date	Record Date	Payment Date	Series A Preferred Stock			Common Stock
March 9, 2017	March 31, 2017	April 17, 2017	$	0.4531	(1)	$	0.80
May 30, 2017	June 30, 2017	July 17, 2017		0.4531	(2)		0.90
September 1, 2017	September 29, 2017	October 16, 2017		0.4531	(3)		0.90
			$	1.3593		$	2.60

(1)

Dividend covers the period from January 15, 2017, to April 14, 2017.

(2)

Dividend covers the period from April 15, 2017, to July 14, 2017.

(3)

Dividend covers the period from July 15, 2017, to October 14, 2017.