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Distributions Paid and Payable (Tables) - Common stock
12 Months Ended
Dec. 31, 2016
Issuance of common stock  
Schedule of Stock by Class and Dividends Paid or Payable

The following is a summary of monthly distributions paid per common share for 2016, 2015 and 2014:

 

Month

 

2016

 

2015

 

2014

January

 

$

0.1910000

 

$

0.1834167

 

$

0.1821667

February

 

0.1985000

 

0.1890000

 

0.1821667

March

 

0.1985000

 

0.1890000

 

0.1821667

April

 

0.1990000

 

0.1895000

 

0.1824792

May

 

0.1990000

 

0.1895000

 

0.1824792

June

 

0.1990000

 

0.1895000

 

0.1824792

July

 

0.1995000

 

0.1900000

 

0.1827917

August

 

0.1995000

 

0.1900000

 

0.1827917

September

 

0.2015000

 

0.1900000

 

0.1827917

October

 

0.2020000

 

0.1905000

 

0.1831042

November

 

0.2020000

 

0.1905000

 

0.1831042

December

 

0.2020000

 

0.1905000

 

0.1831042

Total

 

$

2.3915000

 

$

2.2714167

 

$

2.1916254

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:

 

 

 

2016

 

2015

 

2014

 

Ordinary income

 

$

1.8771975

 

$

1.7307023

 

$

1.6483522

 

Nontaxable distributions

 

0.5143025

 

0.5407144

 

0.5432732

 

Totals

 

$

2.3915000

 

$

2.2714167

 

$

2.1916254