Equity (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Common Stock Issued and Outstanding

The following table provides a summary of the number of common shares issued and outstanding, including redeemable common shares, and average price per share since inception:

	Year Ended
Common Stock Outstanding	December 31, 2021			December 31, 2020 (1)		December 31, 2019 (1)
Beginning balance		132,848,720			129,348,720		102,036,901
Issuance of common shares		5,524,934			3,500,000		27,311,819
Conversion of fully vested RSUs to common shares		1,682,060			-		-
Repurchase of common shares		(215,626	)		-		-
Ending balance		139,840,088			132,848,720		129,348,720

(1)	Amounts at December 31, 2020 and 2019, include fully vested RSUs, which includes 877,498 common stock underlying the vested RSUs.

Summary of Dividends Declared For Common, Redeemable common, Vested Restricted Stock Units And Preferred Stock.

The following table details the Company’s dividend activity for common, redeemable common, vested restricted stock units and preferred stock (in thousands, except per share data):

	For the Quarter Ended
	March 31, 2021				June 30, 2021				September 30, 2021				December 31, 2021
	Amount		Per Share		Amount		Per Share		Amount		Per Share		Amount		Per Share
Dividends declared - common stock, redeemable common stock and vested restricted stock units	$	50,000	$	0.37	$	50,000	$	0.37	$	50,000	$	0.37	$	51,741	$	0.37
Dividends declared - preferred stock	$	4	$	0.03	$	4	$	0.03	$	4	$	0.03	$	4	$	0.03
Record Date - common stock, redeemable common stock and vested restricted stock units	March 19, 2021				June 16, 2021				September 17, 2021				December 31, 2021
Payment Date - common stock, redeemable common stock and vested restricted stock units	April 1, 2021				July 7, 2021				October 7, 2021				January 15, 2022

	For the Quarter Ended
	March 31, 2020				June 30, 2020				September 30, 2020				December 31, 2020
	Amount		Per Share		Amount		Per Share		Amount		Per Share		Amount		Per Share
Dividends declared - common stock, redeemable common stock and vested restricted stock units	$	56,000	$	0.43	$	59,000	$	0.44	$	50,000	$	0.37	$	50,000	$	0.37
Dividends declared - preferred stock	$	8	$	0.03	$	8	$	0.03	$	8	$	0.03	$	8	$	0.03
Record Date - common stock, redeemable common stock and vested restricted stock units	March 4, 2020				June 18, 2020				September 29, 2020				December 22, 2020
Payment Date - common stock, redeemable common stock and vested restricted stock units	April 2, 2020				July 1, 2020				October 1, 2020				January 4, 2021

	For the Quarter Ended
	March 31, 2019				June 30, 2019				September 30, 2019				December 31, 2019
	Amount		Per Share		Amount		Per Share		Amount		Per Share		Amount		Per Share
Dividends declared - common stock, redeemable common stock and vested restricted stock units	$	46,100	$	0.44	$	46,800	$	0.44	$	48,000	$	0.41	$	55,000	$	0.46
Dividends declared - preferred stock	$	8	$	0.03	$	8	$	0.03	$	8	$	0.03	$	8	$	0.03
Record Date - common stock, redeemable common stock and vested restricted stock units	March 15, 2019				June 14, 2019				September 17, 2019				December 1, 2019
Payment Date - common stock, redeemable common stock and vested restricted stock units	April 1, 2019				June 27, 2019				October 1, 2019				January 2, 2020