26 unchanged sentences
Ordinary taxable dividend $ — — % $ — — % $ 0.0300000 100.00000 %
−Removed: Capital gain distribution — — % —
Unrecaptured 1250 gain — — % — — % —
+Added: Capital gain distribution — — % — — % — — %
Return of capital 0.2000000 100.00000 % 0.2000000 100.00000 % — — %
4 unchanged sentences
Ordinary taxable dividend $ — — % $ 0.1781351 12.95340 % $ 1.3752000 100.00000 %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
−Removed: 2023 2022 2021
−Removed: Amount % Amount % Amount %
+Added: Capital gain distribution 1.0383956 75.50870 % — — % — — %
Return of capital 0.3368044 24.49130 % 1.1970649 87.04660 % — — %
2 unchanged sentences
100.00000 % $ 1.3752000 (1)
+Added: 2024 2023 2022
+Added: Amount % Amount % Amount %
Preferred Stock – Series D:
Ordinary taxable dividend $ — — % $ 0.2671508 12.95340 % $ 2.0624000 100.00000 %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5572914 75.50870 % — — % — — %
Return of capital 0.5051086 24.49130 % 1.7952492 87.04660 % — — %
4 unchanged sentences
Ordinary taxable dividend $ — — % $ 0.2475692 12.95340 % $ 1.9732000 100.00000 %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.4157881 75.50870 % — — % — — %
Return of capital 0.4592119 24.49130 % 1.6636608 87.04660 % — — %
4 unchanged sentences
Ordinary taxable dividend $ — — % $ 0.2701249 12.95340 % $ 2.0621000 100.00000 %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5935356 75.50870 % — — % — — %
Return of capital 0.5168644 24.49130 % 1.8152351 87.04660 % — — %
4 unchanged sentences
Ordinary taxable dividend $ — — % $ 0.2693166 12.95340 % $ 2.0538000 100.00000 %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5888239 75.50870 % — — % — — %
Return of capital 0.5153361 24.49130 % 1.8098034 87.04660 % — — %
4 unchanged sentences
Ordinary taxable dividend $ — — % $ 0.2685057 12.95340 % $ 1.8788000 100.00000 %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5841121 75.50870 % — — % — — %
Return of capital 0.5138079 24.49130 % 1.8043000 87.04660 % — — %
4 unchanged sentences
Ordinary taxable dividend $ — — % $ 0.2676897 12.95340 % $ — — %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5794004 75.50870 % — — % — — %
Return of capital 0.5122796 24.49130 % 1.7988703 87.04660 % — — %
1 unchanged sentence
100.00000 % $ 2.0665600 (1) (3)
+Added: 100.00000 % $ — — %
Preferred Stock – Series M (CUSIP #10482B770):
Ordinary taxable dividend $ — — % $ 0.2668775 12.95340 % $ — — %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5746886 75.50870 % — — % — — %
Return of capital 0.5107514 24.49130 % 1.7934125 87.04660 % — — %
1 unchanged sentence
100.00000 % $ 2.0602900 (1) (3)
+Added: 100.00000 % $ — — %
Preferred Stock – Series M (CUSIP #10482B846):
Ordinary taxable dividend $ — — % $ 0.2660653 12.95340 % $ — — %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5699769 75.50870 % — — % — — %
Return of capital 0.5092231 24.49130 % 1.7879000 87.04660 % — — %
1 unchanged sentence
100.00000 % $ 2.0539653 (1) (3)
+Added: 100.00000 % $ — — %
Preferred Stock – Series M (CUSIP #10482B820):
Ordinary taxable dividend $ — — % $ 0.2433000 12.95340 % $ — — %
−Removed: Capital gain distribution — — % — — % — — %
Unrecaptured 1250 gain — — % — — % — — %
+Added: Capital gain distribution 1.5652576 75.50870 % — — % — — %
Return of capital 0.5076924 24.49130 % 1.6356405 87.04660 % — — %
2 unchanged sentences
100.00000 % $ — — %
−Removed: (1) The fourth quarter 2020 distributions paid January 15, 2021 to stockholders of record as of December 31, 2020 are treated as 2021 distributions for tax purposes.
+Added: ____________________
(1) The fourth quarter 2021 distributions paid January 18, 2022 to stockholders of record as of December 31, 2021 are treated as 2022 distributions for tax purposes.
1 unchanged sentence
The fourth quarter 2023 distributions paid January 16, 2024 to stockholders of record as of December 29, 2023 are treated as 2024 distributions for tax purposes.
+Added: The fourth quarter 2024 distributions paid January 15, 2025 to stockholders of record as of December 31, 2024 are treated as 2025 distributions for tax purposes.
(2) Distributions per share reflects the annual rate per share for distributions reportable in 2022.
(3) Distributions per share reflects the annual rate per share for distributions reportable in 2023.
+Added: (4) Distributions per share reflects the annual rate per share for distributions reportable in 2024.
Equity Compensation Plan Information
8 unchanged sentences
Total 766,744
−Removed: N/A 1,613,606
____________________
−Removed: (1) Consists of rights to acquire our common stock subject to the satisfaction of service and or performance vesting conditions (with the amount shown assuming the maximum level of performance under the 2022 and 2023 PSU awards).
+Added: (1) Consists of rights to acquire our common stock subject to the satisfaction of service and or performance vesting conditions (with the amount shown assuming the maximum level of performance under the 2023 PSU awards).
The number of shares subject to issuance under the PSUs (if any) will depend on the ultimate actual performance level, and the Company in its discretion may settle the 2023 PSUs in cash rather than shares of common stock.
−Removed: (2) As of December 31, 2023, approximately 1,613,606 shares of our common stock, or securities convertible into approximately 1.6 million shares of our common stock, remained available for issuance under our 2013 Equity Incentive Plan.
+Added: (2) As of December 31, 2024, 920,000 shares of our common stock, or securities convertible into approximately 920,000 shares of our common stock, remained available for issuance under our 2013 Equity Incentive Plan.
Purchases of Equity Securities by the Issuer
−Removed: On December 7, 2022, our board of directors approved a new stock repurchase program pursuant to which the board granted a repurchase authorization to acquire shares of the Company’s common stock, par value $0.01 per share, having an aggregate value of up to $25 million.
+Added: On May 3, 2024, the board of directors approved a new share repurchase program pursuant to which the board of directors granted a repurchase authorization to acquire shares of the Company’s common stock, par value $0.01 per share, having an aggregate value of up to $50 million.
The Board’s authorization replaced any previous repurchase authorizations.
−Removed: During the year ended December 31, 2023, we repurchased 3.9 million shares of our common stock for approximately $18.9 million.
−Removed: As of December 31, 2023, the Company has completed the $25.0 million repurchase authorization.
+Added: As of December 31, 2024, the Company has not repurchased any common stock pursuant to this program.
The following table provides the information with respect to purchases of our common stock during each of the months in the quarter ended December 31, 2024:
4 unchanged sentences
December 1 to December 31 — — — $ 50,000,000
−Removed: Total — $ — —
Performance Graph
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.