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EQUITY STRUCTURE AND ACCOUNTS (Tables)
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Common stock repurchase activity
The following table is a summary of the Company’s repurchase activity of its Class A common stock during the years ended December 31, 2021 and 2020 ($ in thousands):
SharesAmount(1)
Authorizations remaining as of December 31, 2020$38,102 
Additional authorizations(2)15,027 
Repurchases paid822,928 (9,007)
Repurchases unsettled— 
Authorizations remaining as of December 31, 2021$44,122 
(1)Amount excludes commissions paid associated with share repurchases.
(2)On August 4, 2021, the Board authorized additional repurchases of up to $50.0 million in aggregate.
SharesAmount(1)
Authorizations remaining as of December 31, 2019$41,132 
Additional authorizations— 
Repurchases paid384,251 (3,030)
Repurchases unsettled— 
Authorizations remaining as of December 31, 2020$38,102 
(1)Amount excludes commissions paid associated with share repurchases.
SharesAmount(1)
Authorizations remaining as of December 31, 2018$41,769 
Additional authorizations— 
Repurchases paid40,065 (637)
Repurchases unsettled— 
Authorizations remaining as of December 31, 2019$41,132 
(1)Amount excludes commissions paid associated with share repurchases.
Schedule of dividends declared and paid
The following table presents dividends declared (on a per share basis) of Class A common stock for the years ended December 31, 2021, 2020 and 2019:
Declaration DateDividend per Share
March 15, 2021$0.20 
June 15, 20210.20 
September 15, 20210.20 
December 15, 2021$0.20 
Total$0.80 
February 27, 2020$0.34 
May 28, 20200.20 
August 31, 20200.20 
December 31, 2020$0.20 
Total$0.94 
February 27, 2019$0.34 
May 30, 20190.34 
August 22, 20190.34 
November 26, 20190.34 
Total $1.36 

The following table presents the tax treatment for our aggregate distributions per share of common stock paid for the years ended December 31, 2021, 2020 and 2019:

Record DatePayment DateDividend per ShareOrdinary DividendsQualified DividendsCapital GainUnrecaptured 1250 GainReturn of CapitalSection 199A Dividends
December 31, 2020January 15, 2021(1)$0.200 $0.053 $0.001 $0.095 $0.039 $0.052 $0.053 
March 31, 2021April 15, 2021$0.200 $0.053 $0.001 $0.095 $0.039 $0.052 $0.053 
June 30, 2021July 15, 20210.200 0.053 0.001 0.095 0.039 0.052 0.053 
September 30, 2021October 15, 20210.200 0.053 0.001 0.095 0.039 0.052 0.053 
December 31, 2021January 18, 2022(2)— — — — — — — 
Total$0.800 $0.212 $0.004 $0.380 $0.156 $0.208 $0.212 

(1)The fourth quarter dividend paid on January 15, 2021 was $0.200 and is considered a 2021 dividend for U.S. federal income tax purposes.
(2)The fourth quarter dividend paid on January 18, 2022 was $0.200 and is considered a 2022 dividend for U.S. federal income tax purposes.
Record DatePayment DateDividend per ShareOrdinary DividendsQualified DividendsCapital GainUnrecaptured 1250 GainReturn of CapitalSection 199A Dividends
March 10, 2020April 1, 2020$0.340 $0.230 $— $0.039 $0.016 $0.071 $0.230 
June 10, 2020July 1, 20200.200 0.135 — 0.023 0.009 0.042 0.135 
September 10, 2020October 1, 20200.200 0.135 — 0.023 0.009 0.042 0.135 
December 31, 2020January 15, 2021(1)— — — — — — — 
Total$0.740 $0.500 $— $0.085 $0.034 $0.155 $0.500 
(1)The fourth quarter dividend paid on January 15, 2021 was $0.200 and is considered a 2021 dividend for U.S. federal income tax purposes.

Record DatePayment DateDividend per ShareOrdinary DividendsQualified DividendsCapital GainUnrecaptured 1250 Gain
March 11, 2019April 1, 2019$0.340 $0.324 $0.054 $0.016 $0.005 
June 10, 2019July 1, 20190.340 0.324 0.054 0.016 0.005 
September 10, 2019October 1, 20190.340 0.324 0.054 0.016 0.005 
December 10, 2019January 3, 2020(1)0.340 0.324 0.054 0.016 0.005 
Total$1.360 $1.296 $0.216 $0.064 $0.020 
(1) The $0.340 fourth quarter dividend paid on January 3, 2020 is considered a 2019 dividend for U.S. federal income tax purposes.
Schedule of accumulated other comprehensive Income
The following table presents changes in accumulated other comprehensive income related to the cumulative difference between the fair market value and the amortized cost basis of securities classified as available for sale for the years ended December 31, 2021, 2020 and 2019 ($ in thousands):
Accumulated Other Comprehensive Income (Loss)Accumulated Other Comprehensive Income (Loss) of Noncontrolling InterestsTotal Accumulated Other Comprehensive Income (Loss)
December 31, 2020$(10,463)$(2)$(10,465)
Other comprehensive income (loss)6,351 — 6,351 
December 31, 2021$(4,112)$(2)$(4,114)
Accumulated Other Comprehensive Income (Loss)Accumulated Other Comprehensive Income (Loss) of Noncontrolling InterestsTotal Accumulated Other Comprehensive Income (Loss)
December 31, 2019$4,218 $475 $4,693 
Other comprehensive income (loss)(9,950)(5,208)(15,158)
Exchange of noncontrolling interest for common stock(6,952)6,952 — 
Rebalancing of ownership percentage between Company and Operating Partnership2,221 (2,221)— 
December 31, 2020$(10,463)$(2)$(10,465)

Accumulated Other Comprehensive Income (Loss)Accumulated Other Comprehensive Income (Loss) of Noncontrolling InterestsTotal Accumulated Other Comprehensive Income (Loss)
December 31, 2018$(4,649)$(588)$(5,237)
Other comprehensive income (loss)8,785 1,145 9,930 
Exchange of noncontrolling interest for common stock65 (65)— 
Rebalancing of ownership percentage between Company and Operating Partnership17 (17)— 
December 31, 2019$4,218 $475 $4,693