Subsequent Events

9 Months Ended

Sep. 30, 2023

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

In addition to the subsequent events discussed elsewhere in the notes to the unaudited Consolidated Financial Statements, the following events occurred subsequent to September 30, 2023:

The Company's Board of Directors approved, and on October 23, 2023, the Company declared a third quarter common stock dividend of $0.2375 per share, which is payable on November 30, 2023 to stockholders of record as of November 1, 2023.

As of October 30, 2023, the Company had $200.0 million drawn on the Credit Facilities, with $75.0 million drawn on the 2021 Term Loan, $125.0 million drawn on the 2022 Term Loan and no amount drawn on the Revolving Credit Facility.

As of October 30, 2023 and during the period subsequent to September 30, 2023, the Company acquired six leased properties for approximately $1.9 million, excluding closing costs.

As of October 30, 2023 and during the period subsequent to September 30, 2023, the Company had entered into definitive agreements to acquire 19 properties for approximately $5.3 million. However, the Company can provide no assurances that the acquisitions of these properties will be consummated on the terms and timing the Company expects, or at all.