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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Summary of distribution of taxable income
The following reconciles dividends paid and dividends applied in 2018, 2017, and 2016 to meet REIT distribution requirements (in thousands):
 
2018
 
2017
 
2016
Common and preferred dividends
$
107,167

 
$
99,138

 
$
1,077,179

Dividends treated as taxable compensation
(150
)
 
(129
)
 
(92
)
Portion of dividends declared in current year, and paid in current year, which was applied to the prior year distribution requirements
—

 
—

 
—

Portion of dividends declared in subsequent year, and paid in subsequent year, which apply to current year distribution requirements
—

 
—

 
—

Dividends in excess of current year REIT distribution requirements
—

 
—

 
(827,005
)
Dividends applied to meet current year REIT distribution requirements
$
107,017

 
$
99,009

 
$
250,082
Summary of components of the taxability of the Company's dividends
The following summarizes the components of the taxability of the Company’s common stock distributions for the years ended December 31, 2018, 2017, and 2016:
 
Total 
Distributions
Per Share
 
Ordinary
Dividends
 
Long-Term
Capital Gain
 
Unrecaptured
Section 1250
Gain (1)
 
Nondividend Distributions
 
AMT Adjustment (2)
2018
$
0.255000

 
$
0.251396

 
$
0.003604

 
$
—

 
$
—

 
$
—

2017
$
0.240000

 
$
0.093312

 
$
0.146688

 
$
0.070522

 
$
—

 
$
0.017756

2016
$
2.853075

 
$
0.079661

 
$
0.582778

 
$
0.100934

 
$
2.190636

 
$
—

 
(1)
Represents a portion of the dividend allocated to long-term capital gain.
(2)
The Company apportioned certain 2017 alternative minimum tax adjustments to its shareholders. Individual taxpayers should refer to Internal Revenue Service Form 6251, Alternative Minimum Tax - Individuals. Corporate taxpayers should refer to Internal Revenue Service Form 4626, Alternative Minimum Tax - Corporations.