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Shareholders' Equity
 9 Months Ended
Sep. 30, 2022
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders' Equity
Common Share Awards:
On June 2, 2022, in accordance with our Trustee compensation arrangements, we awarded to each of our seven Trustees 20,000 of our common shares, valued at $2.14 per share, the closing price of our common shares on Nasdaq on that day.
On September 14, 2022, we awarded under our equity compensation plan an aggregate of 707,000 of our common shares, valued at $1.30 per share, the closing price of our common shares on Nasdaq on that day, to our officers and certain other employees of RMR.
Common Share Repurchases:
During the three and nine months ended September 30, 2022, we purchased an aggregate of 122,403 and 124,101 of our common shares, respectively, valued at a weighted average share price of $1.30 and $1.33 per share, respectively, from our officers and certain current and former officers and employees of RMR in satisfaction of tax withholding and payment obligations in connection with the vesting of awards of our common shares.
Distributions:
During the nine months ended September 30, 2022, we declared and paid quarterly distributions to common shareholders as follows:
Declaration DateRecord DatePayment DateDistribution Per ShareTotal Distributions
January 13, 2022January 24, 2022February 17, 2022$0.01 $2,390 
April 14, 2022April 25, 2022May 19, 20220.01 2,390 
July 14, 2022July 25, 2022August 18, 20220.01 2,391 
$0.03 $7,171 
On October 13, 2022, we declared a quarterly distribution to common shareholders of record on October 24, 2022 of $0.01 per share, or approximately $2,397. We expect to pay this distribution on or about November 17, 2022.