Distributions Paid and Payable

6 Months Ended

Jun. 30, 2015

Distributions Paid and Payable

Distributions Paid and Payable

15.Distributions Paid and Payable

A.Common Stock

We pay monthly distributions to our common stockholders.  The following is a summary of monthly distributions paid per common share for the first six months of 2015 and 2014:

Month	2015		2014
January	$	0.1834167	$	0.1821667
February	0.1890000		0.1821667
March	0.1890000		0.1821667
April	0.1895000		0.1824792
May	0.1895000		0.1824792
June	0.1895000		0.1824792
Total	$	1.1299167	$	1.0939377

At June 30, 2015, a distribution of $0.19 per common share was payable and was paid in July 2015.

B.Class E Preferred Stock

Prior to the redemption of the Class E preferred stock in October 2014, dividends of $0.140625 per share were paid monthly in arrears on the Class E preferred stock.  During the first six months of 2014, we paid six monthly dividends to holders of our Class E preferred stock totaling $0.84375 per share, or $7.4 million.

C.Class F Preferred Stock

Dividends of $0.138021 per share are paid monthly in arrears on the Class F preferred stock.  During each of the first six months of 2015 and 2014, we paid six monthly dividends to holders of our Class F preferred stock totaling $0.828126 per share, or $13.5 million, and at June 30, 2015, a monthly dividend of $0.138021 per share was payable and was paid in July 2015. We are current in our obligations to pay dividends on our Class F preferred stock.