v3.22.4
Preferred Stock (Tables)
 9 Months Ended
Sep. 30, 2022
Temporary Equity Disclosure [Abstract]  
Summary of the Activity of Temporary Equity
The following table summarizes dividends declared (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Series B Convertible Preferred Stock$1,059 $1,058 $3,175 $3,689 
The issuance activity of the Series E Preferred Stock is summarized below (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Series E Preferred Stock shares issued (1)
4,362 266 7,151 266 
Net proceeds$98,140 $5,976 $160,894 $5,976 
__________________
(1)Exclusive of shares issued under the dividend reinvestment plan.
The redemption value adjustment of Series E Preferred Stock is summarized below (in thousands):
September 30, 2022December 31, 2021
Series E Preferred Stock$204,252 $39,339 
Adjustments to Series E Preferred Stock (1)
$7,413 $3,128 
________
(1)    Reflects the excess of the redemption value over the accumulated carrying value.
The following table summarizes dividends declared (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Series E Preferred Stock$3,697 $90 $7,149 $90 
The issuance activity of Series M Preferred Stock is summarized below (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Series M Preferred Stock shares issued (1)
673 151,040 15
Net proceeds$16,311 $355 $25,208 $355 
__________________
(1)Exclusive of shares issued under the dividend reinvestment plan.
The redemption value adjustment of Series M Preferred stock is summarized below (in thousands):
September 30, 2022December 31, 2021
Series M Preferred Stock$26,274 $715 
Adjustments to Series M Preferred Stock (1)
$650 $133 
__________________
(1)    Reflects the excess of the redemption value over the accumulated carrying value.
The following table summarizes dividends declared (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Series M Preferred Stock$447 $4 $596 $4 
Summary of Series B Cumulative Convertible Preferred Stock Activity The table below summarizes the activity (in thousands):
Three Months Ended September 30, 2021Nine Months Ended September 30, 2021
Preferred Shares TenderedCommon Shares IssuedPreferred Shares TenderedCommon Shares Issued
 Series B Convertible Preferred Stock
30 120 1,953 7,291 
Preferred Stock Redemption Activities
The redemption activities of Series E Preferred Stock is summarized below (in thousands):
Three Months Ended September 30, 2022Nine Months Ended September 30, 2022
Series E Preferred Stock shares redeemed3 5 
Redemption amount, net of redemption fees$84 $134 
The redemption activities of Series M Preferred Stock is summarized below (in thousands):
Three Months Ended September 30, 2022Nine Months Ended September 30, 2022
Series M Preferred Stock shares redeemed2 2 
Redemption amount, net of redemption fees$59 $59