Schedule of Preferred Shares |
At June 30, 2025 and December 31, 2024, we had the following series of Cumulative Preferred Shares (“Preferred Shares”) outstanding:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | At June 30, 2025 | | At December 31, 2024 | Series | | Earliest Redemption Date | | Dividend Rate | | Shares Outstanding | | Liquidation Preference | | Shares Outstanding | | Liquidation Preference | | | | | | | | | | | | | | | | | | | | (Dollar amounts in thousands) | Series F | | 6/2/2022 | | 5.150 | % | | 11,200 | | | $ | 280,000 | | | 11,200 | | | $ | 280,000 | | Series G | | 8/9/2022 | | 5.050 | % | | 12,000 | | | 300,000 | | | 12,000 | | | 300,000 | | Series H | | 3/11/2024 | | 5.600 | % | | 11,400 | | | 285,000 | | | 11,400 | | | 285,000 | | Series I | | 9/12/2024 | | 4.875 | % | | 12,650 | | | 316,250 | | | 12,650 | | | 316,250 | | Series J | | 11/15/2024 | | 4.700 | % | | 10,350 | | | 258,750 | | | 10,350 | | | 258,750 | | Series K | | 12/20/2024 | | 4.750 | % | | 9,200 | | | 230,000 | | | 9,200 | | | 230,000 | | Series L | | 6/17/2025 | | 4.625 | % | | 22,600 | | | 565,000 | | | 22,600 | | | 565,000 | | Series M | | 8/14/2025 | | 4.125 | % | | 9,200 | | | 230,000 | | | 9,200 | | | 230,000 | | Series N | | 10/6/2025 | | 3.875 | % | | 11,300 | | | 282,500 | | | 11,300 | | | 282,500 | | Series O | | 11/17/2025 | | 3.900 | % | | 6,800 | | | 170,000 | | | 6,800 | | | 170,000 | | Series P | | 6/16/2026 | | 4.000 | % | | 24,150 | | | 603,750 | | | 24,150 | | | 603,750 | | Series Q | | 8/17/2026 | | 3.950 | % | | 5,750 | | | 143,750 | | | 5,750 | | | 143,750 | | Series R | | 11/19/2026 | | 4.000 | % | | 17,400 | | | 435,000 | | | 17,400 | | | 435,000 | | Series S | | 1/13/2027 | | 4.100 | % | | 10,000 | | | 250,000 | | | 10,000 | | | 250,000 | | Total Preferred Shares | | | | 174,000 | | | $ | 4,350,000 | | | 174,000 | | | $ | 4,350,000 | |
|