v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events  
Subsequent Events

13.      Subsequent Events

As of May 13, 2026, the following events have occurred subsequent to the March 31, 2026 effective date of the consolidated financial statements:

Redemption of OP Units

On April 16, 2026, Francis P. Kavanaugh, the Company’s President and Chief Executive Officer and the Chairman of the Board, submitted a Notice of Exercise of Common Unit Redemption Right (the “Notice”) for 200,000 OP Units.  Upon receipt of the Notice and pursuant to the Operating Partnership’s Agreement of Limited Partnership, the Company exercised its option to issue 200,000 Common Shares in exchange for the OP Units.  

Common Stock Dividend

On April 21, 2026, a dividend in the amount of $0.0675 per share was paid to holders of Common Shares and OP Unit holders of record on April 15, 2026.