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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Summary of distribution of taxable income The following reconciles dividends paid and dividends applied in 2019, 2018, and 2017 to meet REIT distribution requirements (in thousands):
 
2019
 
2018
 
2017
Common and preferred dividends
$
142,940

 
$
107,167

 
$
99,138

Dividends treated as taxable compensation
(161
)
 
(150
)
 
(129
)
Dividends applied to meet current year REIT distribution requirements
$
142,779

 
$
107,017

 
$
99,009
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, 2019, 2018, and 2017:
 
Total 
Distributions
Per Share
 
Ordinary
Dividends
 
Long-Term
Capital Gain
 
Unrecaptured
Section 1250
Gain (1)
 
Nondividend Distributions
 
AMT Adjustment (2)
2019
$
1.130000

 
$
0.983133

 
$
0.146867

 
$
—

 
$
—

 
$
—

2018
$
1.020000

 
$
1.005584

 
$
0.014416

 
$
—

 
$
—

 
$
—

2017
$
0.960000

 
$
0.373248

 
$
0.586752

 
$
0.282088

 
$
—

 
$
0.071024

 
(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.