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EQUITY (Tables)
9 Months Ended
Sep. 30, 2021
EQUITY  
Schedule of details of public offering

The following details the public offering (in thousands, except per share data):

Series

Dividend Rate

Issued

Shares Outstanding

Gross Proceeds

Net Proceeds

Dividend
per Share

Earliest Redemption Date

Series A

6.375%

July 2021

3,000,000

$

75,000

$

72,428

$

0.3763

July 2026

Schedule of dividend declared and paid for stock

The following table outlines dividends declared and paid for each issuance of CTO’s stock during the three and nine months ended September 30, 2021 and 2020 (in thousands, except per share data):

Three Months Ended

Nine Months Ended

    

September 30,
2021

    

September 30,
2020

    

September 30,
2021

    

September 30,
2020

Series A Preferred Stock

Dividends

$

1,129

$

$

1,129

$

Per Share

$

0.3763

$

$

0.3763

$

Common Stock

Dividends

$

5,904

$

1,863

$

17,700

$

4,210

Per Share

$

1.00

$

0.40

$

3.00

$

0.90