Distributions Paid and Payable

3 Months Ended

Mar. 31, 2015

Distributions Paid and Payable

Distributions Paid and Payable

14.Distributions Paid and Payable

A.Common Stock

We pay monthly distributions to our common stockholders.  The following is a summary of monthly distributions paid per common share for the first three months of 2015 and 2014:

Month	2015		2014
January	$	0.1834167	$	0.1821667
February	0.1890000		0.1821667
March	0.1890000		0.1821667
Total	$	0.5614167	$	0.5465001

At March 31, 2015, a distribution of $0.1895 per common share was payable and was paid in April 2015.

B.Class E Preferred Stock

Prior to the redemption of the Class E preferred stock in October 2014, dividends of $0.140625 per share were paid monthly in arrears on the Class E preferred stock.  During the first three months of 2014, we paid three monthly dividends to holders of our Class E preferred stock totaling $0.421875 per share, or $3.7 million.

C.Class F Preferred Stock

Dividends of $0.138021 per share are paid monthly in arrears on the Class F preferred stock.  During each of the first three months of 2015 and 2014, we paid three monthly dividends to holders of our Class F preferred stock totaling $0.414063 per share, or $6.8 million, and at March 31, 2015, a monthly dividend of $0.138021 per share was payable and was paid in April 2015.