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Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Common Stock Outstanding

The following table provides a summary of the number of common shares outstanding during the six months ended June 30, 2022 and 2021, including redeemable common stock:

 

 

 

Six Months Ended

 

Common Stock Outstanding

 

June 30, 2022

 

 

June 30, 2021

 

Beginning balance

 

 

139,840,088

 

 

 

132,848,720

 

Conversion of fully vested RSUs to common shares

 

 

-

 

 

 

584,767

 

Repurchase of common shares

 

 

(220,010

)

 

 

-

 

Ending balance

 

 

139,620,078

 

 

 

133,433,487

 

Summary of Dividends Declared For Common And Preferred Stock.

The following table details our dividend activity for common and preferred stock ($ in thousands, except per share data):

 

 

 

For the Quarter Ended

 

 

 

March 31, 2022

 

 

June 30, 2022

 

 

 

Amount

 

 

Per Share

 

 

Amount

 

 

Per Share

 

Dividends declared - common stock

 

$

51,672

 

 

$

0.37

 

 

$

51,659

 

 

$

0.37

 

Record Date - common stock

 

March 31, 2022

 

 

June 30, 2022

 

Payment Date - common stock

 

April 15, 2022

 

 

July 15, 2022

 

 

 

 

For the Quarter Ended

 

 

 

March 31, 2021

 

 

June 30, 2021

 

 

 

Amount

 

 

Per Share

 

 

Amount

 

 

Per Share

 

Dividends declared - common stock

 

$

50,000

 

 

$

0.37

 

 

$

50,000

 

 

$

0.37

 

Dividends declared - preferred stock(1)

 

$

4

 

 

$

0.03

 

 

$

4

 

 

$

0.03

 

Record Date - common stock

 

March 19, 2021

 

 

June 16, 2021

 

Payment Date - common stock

 

April 1, 2021

 

 

July 7, 2021

 

 

Includes 125 preferred units issued at a price of $1,000 per unit and entitled to a 12.5% dividend paid semi-annually that were redeemed on December 15, 2021 at a price of $1,000 per unit.