Common Stock and Other Equity Related Transactions

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Common Stock and Other Equity Related Transactions

Common Stock and Other Equity Related Transactions

Common Stockholder Distribution Activity

The following quarterly distribution has been declared and paid to common stockholders and common operating partnership unit ("OP Unit") non-controlling holders for the three months endedMarch 31, 2018.

Distribution Amount Per Share		For the Quarter Ended	Stockholder Record Date	Payment Date
$	0.5500	March 31, 2018	March 30, 2018	April 13, 2018

No shares were issued under the at-the-market (“ATM”) equity offering program during the quarter ended March 31, 2018 or the quarter ended March 31, 2017. As of March 31, 2018, approximately $150.0 million of Common Stock remained available for issuance under the ATM equity offering program.

Conversions

Subject to certain limitations, holders of OP Units can request an exchange of any or all of their OP Units for shares of Common Stock at any time. Upon receipt of such a request, we may, in lieu of issuing shares of Common Stock, cause the Operating Partnership to pay cash. During the quarter ended March 31, 2018,6,838 OP units were exchanged for an equal number of shares of Common Stock.