Distributions Paid and Payable (Tables)

12 Months Ended

Dec. 31, 2020

Dividends [Abstract]

Summary of monthly distributions paid per common share

The following is a summary of monthly distributions paid per common share for 2020, 2019 and 2018:

Month	2020		2019		2018
January	$	0.2275	$	0.2210	$	0.2125
February	0.2325		0.2255		0.2190
March	0.2325		0.2255		0.2190
April	0.2330		0.2260		0.2195
May	0.2330		0.2260		0.2195
June	0.2330		0.2260		0.2195
July	0.2335		0.2265		0.2200
August	0.2335		0.2265		0.2200
September	0.2335		0.2265		0.2200
October	0.2340		0.2270		0.2205
November	0.2340		0.2270		0.2205
December	0.2340		0.2270		0.2205
Total	$	2.7940	$	2.7105	$	2.6305

Schedule of federal income tax characterization of distributions paid or deemed to be paid

The following presents the federal income tax characterization of distributions paid or deemed to be paid per common share for the years:

	2020		2019		2018
Ordinary income	$	2.2798764	$	2.1206964	$	2.0269173
Nontaxable distributions	0.4902835		0.5898036		0.6035827
Total capital gain distribution	0.0238401		—		—
Totals	$	2.7940000	$	2.7105000	$	2.6305000