Details of the Company’s common and preferred stock repurchases were as follows (dollars in thousands): | | | | | | | | | Three Months Ended March 31, | | | 2026 | | 2025 | Number of common shares | | | 3,184,768 | | | 821,771 | Number of preferred shares (1) | | | 365,095 | | | — | Total cost, including fees and commissions | | $ | 36,468 | | $ | 8,016 |
| (1) | The Company repurchased 242,762 shares of its Series H preferred stock and 122,333 shares of its Series I preferred stock during the three months ended March 31, 2026, at average repurchase prices of $20.77 and $18.58 per share, respectively. As the Series H and Series I preferred stock were repurchased at a discount to their respective carrying values, the Company recorded net gains of $0.8 million and $0.7 million related to the Series H and Series I repurchases, respectively. These gains were included in preferred stock dividends, net of gain on repurchases on the accompanying consolidated statement of operations for the three months ended March 31, 2026. |
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