Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2017

Equity [Abstract]

Summary of Dividends and Distributions

The Company’s Board of Trustees declared the following common stock dividends during 2017 and 2016, with holders of Operating Partnership units entitled to an equal distribution per Operating Partnership unit held on the record date:

			Dividends per
			Class A and Class C
Declaration Date	Record Date	Payment Date	Common Share
2017
October 24	December 29	January 11, 2018	$	0.25
July 25	September 29	October 12		0.25
April 25	June 30	July 13		0.25
February 28	March 31	April 13		0.25
2016
November 1	December 31	January 12, 2017	$	0.25
August 2	September 30	October 13		0.25
May 3	June 30	July 14		0.25
March 8	March 31	April 14		0.25

The dividends have been reflected as follows for U.S. federal income tax purposes:

					July 7, 2015
					(Date Operations
	Year Ended		Year Ended		Commenced) to
	December 31, 2017		December 31, 2016		December 31, 2015
Ordinary income	$	0.53	$	1.00	$	0.50
Capital gain distributions	$	0.47		—		—
Return of capital		—		—		—
Total	$	1.00	$	1.00	$	0.50