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Dividends and Distribution Payable
9 Months Ended
Sep. 30, 2022
Dividends and Distribution Payable  
Dividends and Distribution Payable

Note 7 – Dividends and Distribution Payable

During the three months ended September 30, 2022, the Company declared monthly dividends of $0.234 per common share for July, August and September 2022. Holders of Operating Partnership Common Units are entitled to an equal distribution per Operating Partnership Common Unit held. The dividends and distributions payable for July and August were paid during the quarter, while the September amounts were recorded as liabilities on the Condensed Consolidated Balance Sheets at September 30, 2022. The September dividends and distributions were paid on October 14, 2022.

During the three months ended September 30, 2022, the Company declared monthly dividends on the Series A Preferred Shares in the amount of $0.08854 per Depositary Share for July, August and September 2022.  The dividends payable for July and August were paid during the quarter, while the September dividend was recorded as a liability on the Condensed Consolidated Balance Sheet at September 30, 2022 and was paid on October 3, 2022.