14 unchanged sentences
The graph assumes that the value of the investment in our common stock and in each of the indices (including reinvestment of dividends) was $100 on December 31, 2017 and tracks it through December 31, 2022.
+Added: Table of Conten t s
Index 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022
8 unchanged sentences
Our Manager determines the percentage of our stockholders' equity that will be invested in each of our target assets.
−Removed: Repurchases of Equity Securities
+Added: Repurchases of Common Equity Securities
In December 2011, our board of directors approved a share repurchase program with no stated expiration date.
3 unchanged sentences
During the quarter ended December 31, 2022, we did not repurchase any shares of our common stock.
+Added: Table of Conten t s
+Added: Repurchases of Preferred Equity Securities
+Added: In May 2022, our board of directors approved a share repurchase program for our Series B and Series C Preferred Stock with no stated expiration date.
+Added: As of December 31, 2022, we had authority to purchase 1,337,634l shares of our Series B Preferred Stock and 1,316,470 shares of our Series C Preferred Stock under the current share repurchase program.
+Added: The shares may be repurchased from time to time through privately negotiated transactions or open market transactions, including under a trading plan in accordance with Rules 10b5-1 and 10b-18 under Exchange Act or by any combination of such methods.
+Added: The manner, price, number and timing of share repurchases are subject to a variety of factors, including market conditions and applicable SEC rules.
+Added: During the quarter ended December 31, 2022, we did not repurchase any shares of our preferred stock.
Equity Compensation Plans
1 unchanged sentence
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.