Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Dividends Activity

The following table details our dividend activity:

	Year ended December 31,
Dividends declared per share of:	2020	2019	2018
Common Stock(1)	$1.45	$1.84	$1.84
Series B Preferred Stock	2.00	2.00	2.00
Series C Preferred Stock(2)	N/A	0.7223	2.00

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(1)As our aggregate 2020 distributions exceeded our earnings and profits, $0.35 of the January 2021 distribution declared in the fourth quarter of 2020 are payable to common stockholders of record as of December 31, 2020 will be treated as a 2021 distribution for U.S. federal income tax purposes.

(2)The Series C Preferred Stock was redeemed in full in June 2019.

Common Stock Repurchases

The following table details our common stock repurchase activity during the year ended December 31, 2020:

	Three months ended
	March 31, 2020	June 30, 2020	September 30, 2020	December 31, 2020	Total
Shares Repurchased	300,000	5,495,976	5,038,619	3,998,037	14,832,632
Weighted Average Price	$8.11	$7.96	$9.01	$9.03	$8.61