Subsequent Events |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Subsequent Events [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subsequent Events |
Distributions—Distributions paid to stockholders and OP unit holders of record subsequent to September 30, 2019, were as follows (in thousands, except distribution rate):
In November 2019, our Board authorized distributions for December 2019, as well as January and February 2020 to the stockholders of record at the close of business on December 16, 2019, January 15, 2020, and February 17, 2020, respectively, equal to a monthly amount of $0.05583344 per share of common stock. The distributions for November 2019 were previously authorized by our Board and are expected to be paid on December 2, 2019. OP unit holders will receive distributions at the same rate as common stockholders. We pay distributions to stockholders and OP unit holders based on monthly record dates. We expect to pay these distributions on the first business day after the end of each month. Property Sales—Subsequent to September 30, 2019, we sold the following real estate properties, which were classified as held for sale as of September 30, 2019 (dollars in thousands):
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