Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2025

The following table presents the components of cumulative distributions to stockholders at June 30, 2025 and December 31, 2024.


Cumulative Distributions to Stockholders	June 30, 2025		December 31, 2024
Preferred dividends	$	174,794	$	168,791
Common stock dividends	2,329,268		2,214,748
Totals	$	2,504,062	$	2,383,539

Schedule of Equity Transactions

The following tables present our equity transactions for the six months ended June 30, 2025 and for the year ended December 31, 2024.


Transaction Type	Completion Date	Number of Shares	Per Share price (1)		Net Proceeds (costs)
June 30, 2025
Preferred C ATM Sales Agreement	January 22, 2025 - January 23, 2025	17	$	16.08	$	279
2023 Common stock ATM Sales Agreement	January 2, 2025 - June 30, 2025	26,296	$	18.10	$	476,039
DRIP shares issued	January 27, 2025 - June 27, 2025	4	$	17.07	$	62
Common stock repurchased	April 8, 2025	(667)	$	15.05	$	(10,031)

December 31, 2024
2023 Common stock ATM Sales Agreement	July 26, 2024 - December 27, 2024	13,619	$	19.50	$	265,614
DRIP shares issued	January 25, 2024 - December 30, 2024	5	$	18.95	$	86
Common stock repurchased	January 22, 2024 - January 25, 2024	(70)	$	19.31	$	(1,344)

(1)Weighted average price.

Schedule of Dividends Transactions

The following table presents our Series C Preferred Stock dividend transactions for the six months ended June 30, 2025.


Record Date	Payment Date	Rate per Series C Preferred Share		Aggregate amount paid to holders of record
January 15, 2025	January 27, 2025	$	0.14583	$	998
February 15, 2025	February 27, 2025	$	0.14583	1,001
March 15, 2025	March 27, 2025	$	0.14583	1,001
April 15, 2025	April 28, 2025	$	0.14583	1,001
May 15, 2025	May 27, 2025	$	0.14583	1,001
June 15, 2025	June 27, 2025	$	0.14583	1,001



Total dividends paid				$	6,003

The following table presents our common stock dividend transactions for the six months ended June 30, 2025.


Record Date	Payment Date	Rate per common share		Aggregate amount paid to holders of record
January 15, 2025	January 30, 2025	$	0.24	$	16,009
February 14, 2025	February 27, 2025	$	0.24	18,384
March 17, 2025	March 27, 2025	$	0.24	19,689
April 15, 2025	April 29, 2025	$	0.24	19,661
May 15, 2025	May 29, 2025	$	0.24	19,954
June 16, 2025	June 27, 2025	$	0.24	20,823



Total dividends paid				$	114,520

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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