Note 15 - Stockholders' Equity

3 Months Ended

Mar. 31, 2019

15.

Stockholders’ Equity

Preferred Stock

The Company’s outstanding Preferred Stock is detailed below:

As of March 31, 2019 and December 31, 2018
Class of Preferred Stock	Shares Authorized		Shares Issued and Outstanding		Liquidation Preference (in thousands)		Dividend Rate			Annual Dividend per Depositary Share		Par Value		Optional Redemption Date
Class I		18,400		7,000	$	175,000		6.000	%	$	1.50000	$	1.00	3/20/2017
Class J		9,000		9,000		225,000		5.500	%	$	1.37500	$	1.00	7/25/2017
Class K		8,050		7,000		175,000		5.625	%	$	1.40625	$	1.00	12/7/2017
Class L		10,350		9,000		225,000		5.125	%	$	1.28125	$	1.00	8/16/2022
Class M		10,580		10,580		264,500		5.250	%	$	1.31250	$	1.00	12/20/2022
				42,580	$	1,064,500

Common Stock

During

February 2018,

the Company’s Board of Directors authorized a share repurchase program, which is effective for a term of

two

years, pursuant to which the Company

may

repurchase shares of its common stock, par value

$0.01

per share, with an aggregate gross purchase price of up to

$300.0

million. The Company did

not

repurchase any shares under the share repurchase program during the

three

months ended

March 31, 2019.

As of

March 31, 2019,

the Company had

$224.9

million available under this common share repurchase program.

Dividends Declared

The following table provides a summary of the dividends declared per share: