Common and Preferred Share (Tables)

12 Months Ended

Dec. 31, 2022

Common and Preferred Shares [Abstract]

Schedule of Dividends Per Common Share

Of the total distributions calculated for tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid per common share for the years ended December 31, 2022 and 2021 are as follows:

	Cash Distributions Per Share
	2022		2021
Taxable ordinary income (1)	$	2.5906	$	1.2500
Return of capital	0.6344		—
Long-term capital gain	—		—
Totals	$	3.2250	$	1.2500

Schedule of Dividends Per Preferred Share

For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid and non-cash deemed distributions per Series C preferred share for the years ended December 31, 2022 and 2021 are as follows:

	Cash Distributions per Share
	2022		2021
Taxable ordinary income (1)	$	1.4375	$	1.4375
Return of capital	—		—
Long-term capital gain	—		—
Totals	$	1.4375	$	1.4375

(1) Amounts qualify in their entirety as 199A distributions.

	Non-cash Distributions per Share
	2022		2021
Taxable ordinary income (2)	$	0.1735	$	0.0522
Return of capital	—		—
Long-term capital gain	—		—
Totals	$	0.1735	$	0.0522

(2) Amounts qualify in their entirety as 199A distributions for the year ended December 31, 2021. For the year ended December 31, 2022, no amounts qualify as 199A distributions.

For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid and non-cash deemed distributions per Series E preferred share for the years ended December 31, 2022 and 2021 are as follows:

	Cash Distributions per Share
	2022		2021
Taxable ordinary income (1)	$	2.2500	$	2.2500
Return of capital	—		—
Long-term capital gain	—		—
Totals	$	2.2500	$	2.2500

(1) Amounts qualify in their entirety as 199A distributions.

The Company's Board declared cash dividends totaling $1.4375 per Series G preferred share for each of the years ended December 31, 2022 and 2021. For tax purposes, the amounts characterized as ordinary income, return of capital and long-term capital gain for cash distributions paid per Series G preferred share for the years ended December 31, 2022 and 2021 are as follows:

	Cash Distributions per Share
	2022		2021
Taxable ordinary income (1)	$	1.4375	$	1.4375
Return of capital	—		—
Long-term capital gain	—		—
Totals	$	1.4375	$	1.4375

(1) Amounts qualify in their entirety as 199A distributions.