Quarterly report pursuant to Section 13 or 15(d)

Equity and Mezzanine Equity (Tables)

v3.10.0.1
Equity and Mezzanine Equity (Tables)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Schedule of potentially dilutive shares
As of September 30, 2018, the below shares are able to be converted to Common Stock. The common units, convertible preferred stock, cumulative convertible preferred stock, and warrants have been excluded from the Company’s diluted earnings per share calculation because their inclusion would be antidilutive. In addition to the below, 750,000 shares of the Company's Common Stock may be issued upon exercise of a warrant, solely in the event of a default under a loan agreement in which we serve as a guarantor.
 
 
September 30, 2018
 
 
Outstanding shares
 
Potential Dilutive Shares
 
 
 
 
 
 
 
(unaudited)
Common units
 
295,550

 
295,550

Series B Preferred Stock
 
1,875,748

 
1,172,343

Series D Preferred Stock
 
3,600,636

 
5,307,541

Warrants to purchase Common Stock
 
 
 
329,378

Schedule of dividends declared
Dividends were declared to holders of common units, common shares and preferred shares as follows (in thousands):

Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
(unaudited)
Common unit and common shareholders
$

 
$
3,187

 
$

 
$
10,288

Preferred shareholders
3,208

 
2,496

 
9,621

 
7,473

Total
$
3,208

 
$
5,683

 
$
9,621

 
$
17,761