| | | | IMPORTANT NOTICE REGARDING AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON SEPTEMBER Our proxy statement, form of proxy card and are also available at http://www.bluerockresidential.com. | |
Name of Beneficial Owner | | Title of Class of Securities Owned | | Amount and Nature of Beneficial Ownership | | Percent of Class(6) | | | Title of Class of Securities Owned | | Amount and Nature of Beneficial Ownership | | Percent of Class(6) | | Amount of Beneficial Ownership | | Percent of Common Stock(10) | | ||||||||||||||||||||||||||
Named Executive Officers and Directors:(1) | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||
Executive Officers and Directors:(1) | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
R. Ramin Kamfar | | Class A Common Stock(2) | | | | 14,763 | | | | | * | | | | Class A Common Stock(2) | | | | 16,149 | | | | | * | | | | | 5,165,517 | | | | | 17.37% | | | ||||||||
| | Class C Common Stock(2) | | | | 41,979 | | | | | 54.80% | | | | Class C Common Stock(2) | | | | 41,979 | | | | | 54.80% | | | | | | | | | | | | | ||||||||
| | OP Units(2) | | | | 4,332,723 | | | | | 69.54% | | | | OP Units(2) | | | | 4,332,723 | | | | | 67.86% | | | | | | | | | | | | | ||||||||
| | LTIP Units(2)(3) | | | | 707,584 | | | | | 96.42% | | | | LTIP Units(2)(3) | | | | 774,666 | | | | | 80.00% | | | | | | | | | | | | | ||||||||
Jordan B. Ruddy(4) | | Class A Common Stock | | | | 6,000 | | | | | * | | | | Class A Common Stock | | | | 6,000 | | | | | * | | | | | 540,812 | | | | | 1.82% | | | ||||||||
| | Class C Common Stock | | | | 8,670 | | | | | 11.32% | | | | Class C Common Stock | | | | 8,670 | | | | | 11.32% | | | | | | | | | | | | | ||||||||
| | OP Units | | | | 424,845 | | | | | 6.82% | | | | OP Units | | | | 494,558 | | | | | 7.75% | | | | | | | | | | | | | ||||||||
| | LTIP Units | | | | 31,584 | | | | | 3.26% | | | | | | | | | | | | | |||||||||||||||||||||
James G. Babb(4) | | Class A Common Stock | | | | 9,480 | | | | | * | | | | Class A Common Stock | | | | 9,480 | | | | | * | | | | | 674,632 | | | | | 2.27% | | | ||||||||
| | Class C Common Stock | | | | 10,916 | | | | | 14.25% | | | | | | | | | | | | | |||||||||||||||||||||
| | Class C Common Stock | | | | 10,916 | | | | | 14.25% | | | | OP Units | | | | 622,652 | | | | | 9.75% | | | | | | | | | | | | | ||||||||
| | OP Units | | | | 594,626 | | | | | 9.54% | | | | LTIP Units | | | | 31,584 | | | | | 3.26% | | | | | | | | | | | | | ||||||||
Ryan S. MacDonald(4) | | Class A Common Stock | | | | 2,057 | | | | | * | | | | Class A Common Stock | | | | 4,417 | | | | | * | | | | | 205,082 | | | | | * | | | ||||||||
| | Class C Common Stock | | | | 2,729 | | | | | 3.56% | | | | Class C Common Stock | | | | 2,729 | | | | | 3.56% | | | | | | | | | | | | | ||||||||
| | OP Units | | | | 139,597 | | | | | 2.24% | | | | OP Units | | | | 167,289 | | | | | 2.62% | | | | | | | | | | | | | ||||||||
| | LTIP Units | | | | 30,647 | | | | | 3.16% | | | | | | | | | | | | | |||||||||||||||||||||
Christopher J. Vohs(4) | | Class A Common Stock | | | | 2,575 | | | | | * | | | | Class A Common Stock | | | | 2,575 | | | | | * | | | | | 14,085 | | | | | * | | | ||||||||
Michael L. Konig(4) | | Class C Common Stock | | | | 8,670 | | | | | 11.32% | | | |||||||||||||||||||||||||||||||
| | OP Units(5) | | | | 472,296 | | | | | 7.58% | | | | LTIP Units | | | | 11,510 | | | | | 1.19% | | | | | | | | | | | | | ||||||||
Brian D. Bailey, Independent Director | | Class A Common Stock | | | | 15,274 | | | | | * | | | |||||||||||||||||||||||||||||||
| | LTIP Units | | | | 8,763 | | | | | 1.19%* | | | |||||||||||||||||||||||||||||||
Elizabeth Harrison, Independent Director | | — | | | | — | | | | | — | | | |||||||||||||||||||||||||||||||
I. Bobby Majumder, Independent Director | | Class A Common Stock | | | | 14,225 | | | | | * | | | |||||||||||||||||||||||||||||||
| | LTIP Units | | | | 8,763 | | | | | 1.19%* | | |
Name of Beneficial Owner | | Title of Class of Securities Owned | | Amount and Nature of Beneficial Ownership | | Percent of Class(6) | | | Title of Class of Securities Owned | | Amount and Nature of Beneficial Ownership | | Percent of Class(6) | | Amount of Beneficial Ownership | | Percent of Common Stock(10) | | ||||||||||||||||||||||||||
Michael L. Konig(4) | | Class A Common Stock | | | | 20,000 | | | | | * | | | | | 554,812 | | | | | 1.87% | | | |||||||||||||||||||||
| | Class C Common Stock | | | | 8,670 | | | | | 11.32% | | | | | | | | | | | | | |||||||||||||||||||||
| | OP Units(5) | | | | 494,558 | | | | | 7.75% | | | | | | | | | | | | | |||||||||||||||||||||
| | LTIP Units | | | | 31,584 | | | | | 3.26% | | | | | | | | | | | | | |||||||||||||||||||||
Michael DiFranco(6) | | LTIP Units | | | | — | | | | | * | | | | | — | | | | | * | | | |||||||||||||||||||||
Elizabeth Harrison, Independent Director | | LTIP Units | | | | 10,001 | | | | | 1.03% | | | | | 10,001 | | | | | * | | | |||||||||||||||||||||
Kamal Jafarnia | | — | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
I. Bobby Majumder, Independent Director | | Class A Common Stock | | | | 14,225 | | | | | * | | | | | 29,824 | | | | | * | | | |||||||||||||||||||||
| | LTIP Units | | | | 15,599 | | | | | 1.61% | | | | | | | | | | | | | |||||||||||||||||||||
Romano Tio, Independent Director | | Class A Common Stock | | | | 18,244 | | | | | * | | | | Class A Common Stock | | | | 18,244 | | | | | * | | | | | 33,843 | | | | | * | | | ||||||||
| | LTIP Units | | | | 8,763 | | | | | 1.19%* | | | | LTIP Units | | | | 15,599 | | | | | 1.61% | | | | | | | | | | | | | ||||||||
All Named Executive Officers and Directors as a Group(3)(4)(6) | | | | | | 6,853,542 | | | | | 22.32% | | | |||||||||||||||||||||||||||||||
All Executive Officers and Directors as a Group(3)(4)(6)(7) | | | | | | 7,228,608 | | | | | 24.31% | | | | | 7,228,608 | | | | | 24.31% | | | |||||||||||||||||||||
5% Stockholders: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
BlackRock, Inc.(7) 55 East 52nd Street New York, NY 10022 | | Class A Common Stock | | | | 1,555,701 | | | | | 6.6% | | | |||||||||||||||||||||||||||||||
Renaissance Technologies LLC(8) Renaissance Technologies Holdings Corporation 800 Third Avenue New York, NY 10022 | | Class A Common Stock | | | | 1,391,896 | | | | | 5.88% | | | |||||||||||||||||||||||||||||||
BlackRock, Inc.(8) 55 East 52nd Street New York, NY 10022 | | Class A Common Stock | | | | 1,734,100 | | | | | 7.77% | | | | | N/A | | | | | N/A | | | |||||||||||||||||||||
The Vanguard Group, Inc.(9) 100 Vanguard Blvd. Malvern, PA 19355 | | Class A Common Stock | | | | 1,298,675 | | | | | 5.82% | | | | | N/A | | | | | N/A | | | |
Name | | Position(s) | | Age* | | Year First Became a Director | | | Position(s) | | Age* | | Year First Became a Director | | ||||||
R. Ramin Kamfar | | Chairman of the Board, Chief Executive Officer | | 54 | | 2008 | | | Chairman of the Board, Chief Executive Officer | | 55 | | 2008 | | ||||||
Brian D. Bailey | | Independent Director | | 52 | | 2009 | | |||||||||||||
I. Bobby Majumder | | Independent Director | | 49 | | 2009 | | | Independent Director | | 50 | | 2009 | | ||||||
Romano Tio | | Independent Director | | 58 | | 2009 | | | Independent Director | | 59 | | 2009 | | ||||||
Elizabeth Harrison | | Independent Director | | 53 | | 2018 | | | Independent Director | | 54 | | 2018 | | ||||||
Kamal Jafarnia | | Independent Director | | 52 | | 2019 | |
Name | | Position(s) | | Age* | | Year First Became a Director | | | Position(s) | | Age* | | Year First Became a Director | | ||||||
R. Ramin Kamfar | | Chairman of the Board, Chief Executive Officer | | 54 | | 2008 | | | Chairman of the Board, Chief Executive Officer | | 55 | | 2008 | | ||||||
Jordan B. Ruddy | | Chief Operating Officer and President | | 55 | | N/A | | | Chief Operating Officer and President | | 56 | | N/A | | ||||||
James G. Babb | | Chief Investment Officer | | 53 | | N/A | | | Chief Investment Officer | | 54 | | N/A | | ||||||
Ryan S. MacDonald | | Chief Acquisitions Officer | | 35 | | N/A | | | Chief Acquisitions Officer | | 36 | | N/A | | ||||||
Michael L. Konig | | Chief Legal Officer and Secretary | | 57 | | N/A | | | Chief Legal Officer and Secretary | | 58 | | N/A | | ||||||
Christopher J. Vohs | | Chief Financial Officer and Treasurer | | 42 | | N/A | | | Chief Financial Officer and Treasurer | | 43 | | N/A | | ||||||
Michael DiFranco | | Executive Vice President, Operations | | 54 | | N/A | |
Name and Principal Position | | | Base Salary/Base Payment | | |||
R. Ramin Kamfar Chief Executive Officer | | | | $ | 400,000 | | |
James G. Babb, III Chief Investment Officer | | | | $ | 325,000 | | |
Jordan B. Ruddy Chief Operating Officer and President | | | | $ | 300,000 | | |
Michael L. Konig (through K&A) Chief Legal Officer and Secretary | | | | $ | 300,000 | | |
Christopher J. Vohs Chief Financial Officer and Treasurer | | | | $ | 250,000 | | |
Ryan S. MacDonald Chief Acquisitions Officer | | | | $ | 250,000 | | |
Name and Principal Position | | | 2018 Base Salary/Base Payment | | |||
R. Ramin Kamfar, Chief Executive Officer | | | | $ | 400,000 | | |
James G. Babb, III, Chief Investment Officer | | | | $ | 325,000 | | |
Jordan B. Ruddy, Chief Operating Officer and President | | | | $ | 300,000 | | |
Michael L. Konig, Chief Legal Officer and Secretary | | | | $ | 300,000 | | |
Ryan S. MacDonald, Chief Acquisitions Officer | | | | $ | 250,000 | | |
Christopher J. Vohs, Chief Financial Officer and Treasurer | | | | $ | 250,000 | | |
2018 Objective Performance Criteria | | | Weighting | | | Threshold | | | Target | | | Maximum | | |||
Total Stockholder Return (TSR) Rank vs. SNL U.S. Multifamily REIT Index Peer Group* | | | | | 33.33% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Same Store NOI Growth Rank vs. SNL U.S. Multifamily REIT Index Peer Group* | | | | | 33.33% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Development Projects: Schedule Performance vs. Targets | | | | | 8.33% | | | | 1 Qtr Behind | | | On Schedule | | | 1 Qtr Ahead | |
Development Projects: Budget Performance vs. Target | | | | | 8.34% | | | | 3% Over | | | On Budget | | | 3% Under | |
Redevelopment Projects: Return on Investment (IRR)* | | | | | 16.67% | | | | 15% ROI | | | 20% ROI | | | 25% ROI | |
2018 Objective Performance Criteria | | | Weighting | | | Threshold | | | Target | | | Maximum | | |||
Total Stockholder Return (TSR) Rank vs. SNL U.S. Multifamily REIT Index* | | | | | 33.33% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Same Store NOI Growth Rank vs. SNL U.S. Multifamily REIT Index* | | | | | 33.33% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Inclusion in Morgan Stanley REIT (MSCI) and S&P 600 Indices | | | | | 33.34% | | | | None | | | 1 | | | 2 | |
| | | | Name and Principal Position | | | 2019 Base Salary/Base Payment | | |||
| | | | R. Ramin Kamfar, Chief Executive Officer | | | | $ | 400,000 | | |
| | | | James G. Babb, III, Chief Investment Officer | | | | $ | 325,000 | | |
| | | | Jordan B. Ruddy, Chief Operating Officer and President | | | | $ | 300,000 | | |
| | | | Michael L. Konig, Chief Legal Officer and Secretary | | | | $ | 300,000 | | |
| | | | Ryan S. MacDonald, Chief Acquisitions Officer | | | | $ | 300,000 | | |
| | | | Christopher J. Vohs, Chief Financial Officer and Treasurer | | | | $ | 250,000 | | |
| | | | Michael DiFranco, Executive Vice President, Operations | | | | $ | 300,000 | | |
2019 Objective Performance Criteria | | | Weighting | | | Threshold | | | Target | | | Maximum | | |||
Total Stockholder Return (TSR) Rank vs. SNL U.S. Multifamily REIT Index Peer Group* | | | | | 30.00% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Same Store NOI Growth Rank vs. SNL U.S. Multifamily REIT Index Peer Group* | | | | | 30.00% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Development Projects: Schedule Performance vs. Targets | | | | | 5.00% | | | | 1 Qtr Behind | | | On Schedule | | | 1 Qtr Ahead | |
Development Projects: Budget Performance vs. Target | | | | | 5.00% | | | | 3% Over | | | On Budget | | | 3% Under | |
Redevelopment Projects: Return on Investment (IRR)* | | | | | 30.00% | | | | 15% ROI | | | 20% ROI | | | 25% ROI | |
2019 Objective Performance Criteria | | | Weighting | | | Threshold | | | Target | | | Maximum | | |||
Total Stockholder Return (TSR) Rank vs. SNL U.S. Multifamily REIT Index* | | | | | 33.33% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Same Store NOI Growth Rank vs. SNL U.S. Multifamily REIT Index* | | | | | 33.33% | | | | 25th Percentile | | | 50th Percentile | | | 75th Percentile | |
Redevelopment Projects – Return on Investment (IRR)* | | | | | 33.34% | | | | 15% ROI | | | 20% ROI | | | 25% ROI | |
| | | | • Cedar Realty Trust, Inc. | | | • Rexford Industrial Realty, Inc. | |
| | | | • Chatham Lodging Trust | | | • Retail Opportunity Investments Corp. | |
| | | | • Cousins Properties Incorporated | | | • Silver Bay Realty Trust Corp. | |
| | | | • Easterly Government Properties, Inc. | | | • STAG Industrial, Inc. | |
| | | | • EastGroup Properties, Inc. | | | • | |
| | | | • Education Realty Trust, Inc. | | | • | |
| | | | • First Potomac Realty Trust | | | • Whitestone REIT | |
| | | | | | | • Xenia Hotels & Resorts, Inc. | |
| | | | • Armada Hoffler Properties, Inc. | | | • Hersha Hospitality Trust | |
| | | | • CatchMark Timber Trust, Inc. | | | • Independence Realty Trust, Inc. | |
| | | | • Cedar Realty Trust, Inc. | | | • Rexford Industrial Realty, Inc. | |
| | | | • Chatham Lodging Trust | | | • Summit Hotel Properties, Inc. | |
| | | | • Chesapeake Lodging Trust | | | • Terreno Realty Corporation | |
| | | | • Easterly Government Properties, Inc. | | | • TIER REIT, Inc. | |
| | | | | | | • Whitestone REIT | |
Plan Category | | | Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights | | | Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights | | | Number of Securities Remaining Available for Future Issuance | | |||||||||
Equity compensation plans approved by security holders | | | | | — | | | | | | — | | | | | | | | |
Equity compensation plans not approved by security holders | | | | | — | | | | | | — | | | | | | — | | |
Total: | | | | | — | | | | | | — | | | | | | | |
Name | | | Fees Paid in Cash in 2017(1) | | | LTIP Unit Awards(2) | | | Total | | |||||||||
Brian D. Bailey(3) | | | | $ | 128 | | | | | $ | 33 | | | | | $ | 161 | | |
I. Bobby Majumder(4) | | | | | 144 | | | | | | 33 | | | | | | 177 | | |
Romano Tio(5) | | | | | 122 | | | | | | 33 | | | | | | 155 | | |
Gary T. Kachadurian(6) | | | | | — | | | | | | — | | | | | | — | | |
R. Ramin Kamfar | | | | | — | | | | | | — | | | | | | — | | |
Name and Principal Position | | Year | | Salary ($) | | Bonus ($) | | Stock Awards ($)(1) | | Non-Equity Incentive Plan Compensation ($)(2) | | All Other Compensation ($) | | Total ($) | | | Year | | Salary ($) | | Bonus ($)(1) | | Stock Awards ($)(2) | | Non-Equity Incentive Plan Compensation ($)(3) | | All Other Compensation ($) | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
R. Ramin Kamfar Chairman and Chief Executive Officer | | | | | 2017 | | | | | 66,667 | | | | | 66,667 | | | | | — | | | | | — | | | | | — | | | | | 133,334 | | | | | | | 2018 | | | | | 400,000 | | | | | 385,200 | | | | | 3,968,912 | | | | | — | | | | | — | | | | | 4,754,112 | | | ||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2017 | | | | | 66,667 | | | | | 66,667 | | | | | — | | | | | — | | | | | — | | | | | 133,334 | | | |||||||||||||||
| | | 2015 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||
Jordan B. Ruddy President and Chief Operating Officer | | | | | 2017 | | | | | 50,000 | | | | | 50,000 | | | | | — | | | | | — | | | | | — | | | | | 100,000 | | | | | | | 2018 | | | | | 300,000 | | | | | 288,900 | | | | | 1,728,870 | | | | | — | | | | | — | | | | | 2,317,770 | | | ||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2017 | | | | | 50,000 | | | | | 50,000 | | | | | — | | | | | — | | | | | — | | | | | 100,000 | | | |||||||||||||||
| | | 2015 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||
James G. Babb, III Chief Investment Officer | | | | | 2017 | | | | | 54,167 | | | | | 54,167 | | | | | — | | | | | — | | | | | — | | | | | 108,334 | | | | | | | 2018 | | | | | 325,000 | | | | | 312,975 | | | | | 1,728,870 | | | | | — | | | | | — | | | | | 2,366,845 | | | ||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2017 | | | | | 54,167 | | | | | 54,167 | | | | | — | | | | | — | | | | | — | | | | | 108,334 | | | |||||||||||||||
| | | 2015 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||
Ryan S. MacDonald Chief Acquisitions Officer | | | | | 2017 | | | | | 41,667 | | | | | 41,667 | | | | | — | | | | | — | | | | | — | | | | | 83,334 | | | | | | | 2018 | | | | | 250,000 | | | | | 240,750 | | | | | 1,664,972 | | | | | — | | | | | — | | | | | 2,155,722 | | | ||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2017 | | | | | 41,667 | | | | | 41,667 | | | | | — | | | | | — | | | | | — | | | | | 83,334 | | | |||||||||||||||
| | | 2015 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||
Christopher J. Vohs Chief Financial Officer and Treasurer | | | | | 2017 | | | | | 41,667 | | | | | 20,833 | | | | | — | | | | | — | | | | | — | | | | | 62,500 | | | | | | | 2018 | | | | | 250,000 | | | | | 120,375 | | | | | 614,875 | | | | | — | | | | | — | | | | | 985,250 | | | ||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2017 | | | | | 41,667 | | | | | 20,833 | | | | | — | | | | | — | | | | | — | | | | | 62,500 | | | |||||||||||||||
| | | 2015 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||
Michael L. Konig* Chief Legal Officer and Secretary | | | | | 2017 | | | | | 50,000 | | | | | 50,000 | | | | | — | | | | | — | | | | | — | | | | | 100,000 | | | | | | | 2018 | | | | | 300,000 | | | | | 288,900 | | | | | 1,728,870 | | | | | — | | | | | — | | | | | 2,317,770 | | | ||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2017 | | | | | 50,000 | | | | | 50,000 | | | | | — | | | | | — | | | | | — | | | | | 100,000 | | | |||||||||||||||
| | | 2015 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||
Michael DiFranco Executive Vice President, Operations | | | | | 2018 | | | | | 39,231 | | | | | 30,079 | | | | | — | | | | | — | | | | | — | | | | | 69,310 | | | |||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2017 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2016 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | |
Name | | | Grant Date | | | Threshold (#) | | | Target (#) | | | Maximum (#) | | | All Other Stock Awards: Number of Shares of Stock or Units (#) | | | Grant Date Fair Value of Stock and Option Awards ($)(1) | | ||||||||||||||||||
R. Ramin Kamfar | | | | | 1/1/2018(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | 240,892 | | | | | $ | 2,435,418 | | |
| | | 1/1/2018(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | 57,814 | | | | | $ | 584,500 | | | ||
| | | 1/1/2018(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | 9,636 | | | | | $ | 97,420 | | | ||
| | | 1/1/2018(5) | | | | | | 17,567 | | | | | | 35,134 | | | | | | 52,701 | | | | | | — | | | | | $ | 532,807 | | | ||
| | | 10/4/2018(6) | | | | | | 11,340 | | | | | | 22,680 | | | | | | 34,020 | | | | | | — | | | | | $ | 318,767 | | | ||
Jordan B. Ruddy | | | | | 1/1/2018(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | 120,446 | | | | | $ | 1,217,709 | | |
| | | 1/1/2018(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | 19,271 | | | | | $ | 194,830 | | | ||
| | | 1/1/2018(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,212 | | | | | $ | 32,473 | | | ||
| | | 1/1/2018(5) | | | | | | 5,856 | | | | | | 11,711 | | | | | | 17,567 | | | | | | — | | | | | $ | 177,602 | | | ||
| | | 10/4/2018(6) | | | | | | 3,780 | | | | | | 7,560 | | | | | | 11,340 | | | | | | — | | | | | $ | 106,256 | | | ||
James G. Babb III | | | | | 1/1/2018(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | 120,446 | | | | | $ | 1,217,709 | | |
| | | 1/1/2018(3) | | | | | | — | | | ��� | | | — | | | | | | — | | | | | | 19,271 | | | | | $ | 194,830 | | | ||
| | | 1/1/2018(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,212 | | | | | $ | 32,473 | | | ||
| | | 1/1/2018(5) | | | | | | 5,856 | | | | | | 11,711 | | | | | | 17,567 | | | | | | — | | | | | $ | 177,602 | | | ||
| | | 10/4/2018(6) | | | | | | 3,780 | | | | | | 7,560 | | | | | | 11,340 | | | | | | — | | | | | $ | 106,256 | | | ||
Ryan S. MacDonald | | | | | 1/1/2018(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | 120,446 | | | | | $ | 1,217,709 | | |
| | | 1/1/2018(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | 16,862 | | | | | $ | 170,475 | | | ||
| | | 1/1/2018(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,810 | | | | | $ | 28,409 | | | ||
| | | 1/1/2018(5) | | | | | | 5,124 | | | | | | 10,247 | | | | | | 15,371 | | | | | | — | | | | | $ | 155,401 | | | ||
| | | 10/4/2018(6) | | | | | | 3,308 | | | | | | 6,615 | | | | | | 9,923 | | | | | | — | | | | | $ | 92,979 | | | ||
Christopher J. Vohs | | | | | 1/1/2018(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | 48,178 | | | | | $ | 487,080 | | |
| | | 1/1/2018(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,818 | | | | | $ | 48,710 | | | ||
| | | 1/1/2018(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | 803 | | | | | $ | 8,118 | | | ||
| | | 1/1/2018(5) | | | | | | 1,464 | | | | | | 2,928 | | | | | | 4,392 | | | | | | — | | | | | $ | 44,403 | | | ||
| | | 10/4/2018(6) | | | | | | 945 | | | | | | 1,890 | | | | | | 2,835 | | | | | | — | | | | | $ | 26,564 | | | ||
Michael L. Konig | | | | | 1/1/2018(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | 120,446 | | | | | $ | 1,217,709 | | |
| | | 1/1/2018(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | 19,271 | | | | | $ | 194,830 | | | ||
| | | 1/1/2018(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,212 | | | | | $ | 32,473 | | | ||
| | | 1/1/2018(5) | | | | | | 5,856 | | | | | | 11,711 | | | | | | 17,567 | | | | | | — | | | | | $ | 177,602 | | | ||
| | | 10/4/2018(6) | | | | | | 3,780 | | | | | | 7,560 | | | | | | 11,340 | | | | | | — | | | | | $ | 106,256 | | | ||
Michael DiFranco(7) | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | — | | |
Name | | | Grant Date | | | Number of Shares or Units of Stock That Have Not Vested (#) | | | Market Value of Shares or Units of Stock That Have Not Vested ($)(1) | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(1) | | |||||||||||||||
R. Ramin Kamfar | | | | | 1/1/2018(2) | | | | | | 192,714 | | | | | | 1,738,280 | | | | | | — | | | | | | — | | |
| | | 1/1/2018(3) | | | | | | 57,814 | | | | | | 521,482 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(4) | | | | | | 6,424 | | | | | | 57,944 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(5) | | | | | | — | | | | | | — | | | | | | 52,701 | | | | | | 475,363 | | | ||
| | | 10/4/2018(6) | | | | | | — | | | | | | — | | | | | | 34,020 | | | | | | 306,860 | | | ||
Jordan B. Ruddy | | | | | 1/1/2018(2) | | | | | | 96,357 | | | | | | 869,140 | | | | | | — | | | | | | — | | |
| | | 1/1/2018(3) | | | | | | 19,271 | | | | | | 173,824 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(4) | | | | | | 2,141 | | | | | | 19,312 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(5) | | | | | | — | | | | | | — | | | | | | 17,567 | | | | | | 158,454 | | | ||
| | | 10/4/2018(6) | | | | | | — | | | | | | — | | | | | | 11,340 | | | | | | 102,287 | | | ||
James G. Babb III | | | | | 1/1/2018(2) | | | | | | 96,357 | | | | | | 869,140 | | | | | | — | | | | | | — | | |
| | | 1/1/2018(3) | | | | | | 19,271 | | | | | | 173,824 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(4) | | | | | | 2,141 | | | | | | 19,312 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(5) | | | | | | — | | | | | | — | | | | | | 17,567 | | | | | | 158,454 | | | ||
| | | 10/4/2018(6) | | | | | | — | | | | | | — | | | | | | 11,340 | | | | | | 102,287 | | | ||
Ryan S. MacDonald | | | | | 1/1/2018(2) | | | | | | 96,357 | | | | | | 869,140 | | | | | | — | | | | | | — | | |
| | | 1/1/2018(3) | | | | | | 16,862 | | | | | | 152,095 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(4) | | | | | | 1,873 | | | | | | 16,894 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(5) | | | | | | — | | | | | | — | | | | | | 15,371 | | | | | | 138,646 | | | ||
| | | 10/4/2018(6) | | | | | | — | | | | | | — | | | | | | 9,923 | | | | | | 89,505 | | | ||
Christopher J. Vohs | | | | | 1/1/2018(2) | | | | | | 38,542 | | | | | | 347,649 | | | | | | — | | | | | | — | | |
| | | 1/1/2018(3) | | | | | | 4,818 | | | | | | 43,458 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(4) | | | | | | 535 | | | | | | 4,826 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(5) | | | | | | — | | | | | | — | | | | | | 4,392 | | | | | | 39,616 | | | ||
| | | 10/4/2018(6) | | | | | | — | | | | | | — | | | | | | 2,835 | | | | | | 25,572 | | | ||
Michael L. Konig | | | | | 1/1/2018(2) | | | | | | 96,357 | | | | | | 869,140 | | | | | | — | | | | | | — | | |
| | | 1/1/2018(3) | | | | | | 19,271 | | | | | | 173,824 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(4) | | | | | | 2,141 | | | | | | 19,312 | | | | | | — | | | | | | — | | | ||
| | | 1/1/2018(5) | | | | | | — | | | | | | — | | | | | | 17,567 | | | | | | 158,454 | | | ||
| | | 10/4/2018(6) | | | | | | — | | | | | | — | | | | | | 11,340 | | | | | | 102,287 | | | ||
Michael DiFranco(7) | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | | Name | | | Number of Shares Acquired on Vesting (#) | | | Value Received on Vesting ($)(1) | | ||||||
| | | | R. Ramin Kamfar | | | | | 51,390 | | | | | $ | 463,538 | | |
| | | | Jordan B. Ruddy | | | | | 25,160 | | | | | $ | 226,943 | | |
| | | | James G. Babb III | | | | | 25,160 | | | | | $ | 226,943 | | |
| | | | Ryan S. MacDonald | | | | | 25,026 | | | | | $ | 225,735 | | |
| | | | Christopher J. Vohs | | | | | 9,904 | | | | | $ | 89,334 | | |
| | | | Michael L. Konig | | | | | 25,160 | | | | | $ | 226,943 | | |
| | | | Michael DiFranco(2) | | | | | — | | | | | $ | — | | |
Name | | Benefit | | | Reason for Termination/Acceleration | | | Benefit | | | Reason for Termination/Acceleration | | ||||||||||||||||||||||||||||||||||||||||||||
| Disability(1) | | Company non-renewal(2) | | Termination by Company without cause or by Executive for good reason(3) | | Change in Control(4) | | | Disability(1) | | Company non-renewal(2) | | Termination by Company without cause or by Executive for good reason(3) | | Change in Control(4) | | |||||||||||||||||||||||||||||||||||||||
R. Ramin Kamfar | | Cash Severance | | | $ | — | | | | $ | 2,400,000 | | | | $ | 2,400,000 | | | | $ | — | | | | Cash Severance | | | $ | — | | | | $ | 2,400,000 | | | | $ | 2,400,000 | | | | $ | — | | | ||||||||||
| | Acceleration of Share-Based Awards(5) | | | | — | | | | | — | | | | | — | | | | | — | | | | Acceleration of Share-Based Awards | | | | 2,444,193 | | | | | 2,444,193 | | | | | 2,444,193 | | | | | — | | | ||||||||||
| | Annual Disability Benefits(6) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | ||||||||||
| | Other(7) | | | | — | | | | | 37,702 | | | | | 37,702 | | | | | — | | | | Other(6) | | | | — | | | | | 41,626 | | | | | 41,626 | | | | | — | | | ||||||||||
| | Total | | | $ | 120,000 | | | | $ | 2,437,702 | | | | $ | 2,437,702 | | | | $ | — | | | | Total | | | $ | 2,564,193 | | | | $ | 4,885,819 | | | | $ | 4,885,819 | | | | $ | — | | | ||||||||||
Jordan B. Ruddy | | Cash Severance | | | $ | — | | | | $ | 1,200,000 | | | | $ | 1,200,000 | | | | $ | 1,800,000 | | | | Cash Severance | | | $ | — | | | | $ | 1,200,000 | | | | $ | 1,200,000 | | | | $ | 1,800,000 | | | ||||||||||
| | Acceleration of Share-Based Awards(5) | | | | — | | | | | — | | | | | — | | | | | — | | | | Acceleration of Share-Based Awards | | | | 1,104,438 | | | | | 1,104,438 | | | | | 1,104,438 | | | | | 1,104,438 | | | ||||||||||
| | Annual Disability Benefits(6) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | ||||||||||
| | Other(7) | | | | — | | | | | 11,314 | | | | | 11,314 | | | | | 11,314 | | | | Other(6) | | | | — | | | | | 12,459 | | | | | 12,459 | | | | | 12,459 | | | ||||||||||
| | Total | | | $ | 120,000 | | | | $ | 1,211,314 | | | | $ | 1,211,314 | | | | $ | 1,811,314 | | | | Total | | | $ | 1,224,438 | | | | $ | 2,316,897 | | | | $ | 2,316,897 | | | | $ | 2,916,897 | | | |
Name | | Benefit | | | Reason for Termination/Acceleration | | | Benefit | | | Reason for Termination/Acceleration | | ||||||||||||||||||||||||||||||||||||||||||||
| Disability(1) | | Company non-renewal(2) | | Termination by Company without cause or by Executive for good reason(3) | | Change in Control(4) | | | Disability(1) | | Company non-renewal(2) | | Termination by Company without cause or by Executive for good reason(3) | | Change in Control(4) | | |||||||||||||||||||||||||||||||||||||||
James G. Babb, III | | Cash Severance | | | $ | — | | | | $ | 1,300,000 | | | | $ | 1,300,000 | | | | $ | 1,950,000 | | | | Cash Severance | | | $ | — | | | | $ | 1,300,000 | | | | $ | 1,300,000 | | | | $ | 1,950,000 | | | ||||||||||
| | Acceleration of Share-Based Awards(5) | | | | — | | | | | — | | | | | — | | | | | — | | | | Acceleration of Share-Based Awards | | | | 1,104,438 | | | | | 1,104,438 | | | | | 1,104,438 | | | | | 1,104,438 | | | ||||||||||
| ��� | | Annual Disability Benefits(6) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | |||||||||
| | Other(7) | | | | — | | | | | 34,299 | | | | | 34,299 | | | | | 34,299 | | | | Other(6) | | | | — | | | | | 35,829 | | | | | 35,829 | | | | | 35,829 | | | ||||||||||
| | Total | | | $ | 120,000 | | | | $ | 1,334,299 | | | | $ | 1,334,299 | | | | $ | 1,984,299 | | | | Total | | | $ | 1,224,438 | | | | $ | 2,440,267 | | | | $ | 2,440,267 | | | | $ | 3,090,267 | | | ||||||||||
Ryan S. MacDonald | | Cash Severance | | | $ | — | | | | $ | 1,000,000 | | | | $ | 1,000,000 | | | | $ | 1,500,000 | | | | Cash Severance | | | $ | — | | | | $ | 1,000,000 | | | | $ | 1,000,000 | | | | $ | 1,500,000 | | | ||||||||||
| | Acceleration of Share-Based Awards(5) | | | | — | | | | | — | | | | | — | | | | | — | | | | Acceleration of Share-Based Awards | | | | 1,075,022 | | | | | 1,075,022 | | | | | 1,075,022 | | | | | 1,075,022 | | | ||||||||||
| | Annual Disability Benefits(6) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | ||||||||||
| | Other(7) | | | | — | | | | | 11,314 | | | | | 11,314 | | | | | 11,314 | | | | Other(6) | | | | — | | | | | 41,626 | | | | | 41,626 | | | | | 41,626 | | | ||||||||||
| | Total | | | $ | 120,000 | | | | $ | 1,011,314 | | | | $ | 1,011,314 | | | | $ | 1,511,314 | | | | Total | | | $ | 1,195,022 | | | | $ | 2,116,648 | | | | $ | 2,116,648 | | | | $ | 2,616,648 | | | ||||||||||
Christopher J. Vohs | | Cash Severance | | | $ | — | | | | $ | 750,000 | | | | $ | 750,000 | | | | $ | 1,125,000 | | | | Cash Severance | | | $ | — | | | | $ | 750,000 | | | | $ | 750,000 | | | | $ | 1,125,000 | | | ||||||||||
| | Acceleration of Share-Based Awards(5) | | | | — | | | | | — | | | | | — | | | | | — | | | | Acceleration of Share-Based Awards | | | | 406,474 | | | | | 406,474 | | | | | 406,474 | | | | | 406,474 | | | ||||||||||
| | Annual Disability Benefits(6) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | ||||||||||
| | Other(7) | | | | — | | | | | 37,836 | | | | | 37,836 | | | | | 37,836 | | | | Other(6) | | | | — | | | | | 41,626 | | | | | 41,626 | | | | | 41,626 | | | ||||||||||
| | Total | | | $ | 120,000 | | | | $ | 787,836 | | | | $ | 787,836 | | | | $ | 1,162,836 | | | | Total | | | $ | 526,474 | | | | $ | 1,198,100 | | | | $ | 1,198,100 | | | | $ | 1,573,100 | | | ||||||||||
Michael L. Konig | | Cash Severance | | | $ | — | | | | $ | 1,200,000 | | | | $ | 1,200,000 | | | | $ | 1,800,000 | | | | Cash Severance | | | $ | — | | | | $ | 1,200,000 | | | | $ | 1,200,000 | | | | $ | 1,800,000 | | | ||||||||||
| | Acceleration of Share-Based Awards(5) | | | | — | | | | | — | | | | | — | | | | | — | | | | Acceleration of Share-Based Awards | | | | 1,104,438 | | | | | 1,104,438 | | | | | 1,104,438 | | | | | 1,104,438 | | | ||||||||||
| | Annual Disability Benefits(6) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | ||||||||||
| | Other(7) | | | | — | | | | | 34,547 | | | | | 34,547 | | | | | 34,547 | | | | Other(6) | | | | — | | | | | 27,370 | | | | | 27,370 | | | | | 27,370 | | | ||||||||||
| | Total | | | $ | 120,000 | | | | $ | 1,234,547 | | | | $ | 1,234,547 | | | | $ | 1,834,547 | | | | Total | | | $ | 1,224,438 | | | | $ | 2,331,808 | | | | $ | 2,331,808 | | | | $ | 2,931,808 | | | ||||||||||
Michael DiFranco | | Cash Severance | | | $ | — | | | | $ | 500,000 | | | | $ | 500,000 | | | | $ | — | | | |||||||||||||||||||||||||||||||||
| | | Acceleration of Share-Based Awards | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||
| | Annual Disability Benefits(5) | | | | 120,000 | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||||||
| | Other(6) | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||||||
| | Total | | | $ | 120,000 | | | | $ | 500,000 | | | | $ | 500,000 | | | | $ | — | | | |||||||||||||||||||||||||||||||||
| |
Name | | | Fees Paid in Cash in 2018(1) | | | LTIP Unit Awards(2) | | | Total | | |||||||||
Brian D. Bailey(3)(4) | | | | $ | 74 | | | | | $ | 63 | | | | | $ | 137 | | |
Elizabeth Harrison(5) | | | | | 25 | | | | | | 30 | | | | | | 55 | | |
I. Bobby Majumder(6) | | | | | 89 | | | | | | 63 | | | | | | 152 | | |
Romano Tio(7) | | | | | 71 | | | | | | 63 | | | | | | 134 | | |
R. Ramin Kamfar | | | | | — | | | | | | — | | | | | | — | | |
| | | | | | | OP Units | | | Class C Common Stock | | | Cash | | |||||||||
| | | | Bluerock | | | | | 1,869,318 | | | | | | 38,149 | | | | | $ | 20,316 | | |
| | | | Mr. Babb | | | | | 534,887 | | | | | | 10,916 | | | | | $ | 5,813 | | |
| | | | Mr. MacDonald | | | | | 133,722 | | | | | | 2,729 | | | | | $ | 1,453 | | |
| | | | Mr. Ruddy | | | | | 424,845 | | | | | | 8,670 | | | | | $ | 4,617 | | |
| | | | K&A | | | | | 424,845 | | | | | | 8,670 | | | | | $ | 4,617 | | |
| | | | Kachadurian Group | | | | | 178,296 | | | | | | 3,639 | | | | | $ | 1,938 | | |
| | | | Jenco | | | | | 187,680 | | | | | | 3,830 | | | | | $ | 2,040 | | |
| | | | Totals: | | | | | 3,753,593 | | | | | | 76,603 | | | | | $ | 40,794 | | |
| | | | | | | Approximate Dollar Value of Mr. Kamfar’s Interest In Company Incurred Amounts | | | Year Ended December 31, 2017 | | ||||||
| | | | Base Management Fee | | | | $ | 8,743 | | | | | $ | 8,743 | | |
| | | | Incentive Fee | | | | $ | 3,983 | | | | | $ | 3,983 | | |
| | | | Expense Reimbursement | | | | $ | 1,378 | | | | | $ | 1,378 | | |
| | | | Offering Expense Reimbursements | | | | $ | 702 | | | | | $ | 702 | | |
| | | | | | | Approximate Dollar Value of Mr. Kamfar’s Interest In Company Incurred Amounts | | | Year Ended December 31, 2017 | | ||||||
| | | | Expense Reimbursements | | | | $ | 542 | | | | | $ | 542 | | |
| | | | Offering expense reimbursements | | | | | 119 | | | | | | 119 | | |
| | | | | | | Approximate Dollar Value of Mr. Kamfar’s Interest In Company Incurred Amounts | | | Incurred for the Year Ended December 31, 2017 | | ||||||
| | | | Type of Compensation | | | | | | | | | | | | | |
| | | | Selling Commissions | | | | $ | 11,424 | | | | | $ | 11,424 | | |
| | | | Dealer Manager Fees | | | | | 4,896 | | | | | | 4,896 | | |
| | | | Total: | | | | $ | 16,320 | | | | | $ | 16,320 | | |
|
| | | | | | | Approximate Dollar Value of Mr. Kamfar’s Interest In Company Incurred Amounts | | | Year Ended December 31, 2018 | | ||||||
| | | | Expense Reimbursements | | | | $ | 2,162 | | | | | $ | 2,162 | | |
| | | | Offering expense reimbursements | | | | | 1,314 | | | | | | 1,314 | | |
| | | | | | | Approximate Dollar Value of Mr. Kamfar’s Interest In REIT Incurred Amounts | | | Incurred for the Year Ended December 31, 2018 | | ||||||
| | | | Type of Compensation | | | | | | | | | | | | | |
| | | | Selling Commissions | | | | $ | 8,651 | | | | | $ | 8,651 | | |
| | | | Dealer Manager Fees | | | | | 3,708 | | | | | | 3,708 | | |
| | | | Total: | | | | $ | 12,359 | | | | | $ | 12,359 | | |
| | | | | 2017 | | 2016 | | | | | | 2018 | | 2017 | | ||||||||||||||||||
| | | Audit fees | | | $ | 886 | | | | $ | 958 | | | | | Audit fees | | | $ | 824 | | | | $ | 886 | | | ||||||
| | | Audit-related fees | | | | — | | | | | — | | | | | Audit-related fees | | | | — | | | | | — | | | ||||||
| | | Tax fees | | | | 209 | | | | | 149 | | | | | Tax fees | | | | 271 | | | | | 209 | | | ||||||
| | | All other fees | | | | — | | | | | — | | | | | All other fees | | | | — | | | | | — | | | ||||||
| | | Total | | | $ | 1,095 | | | | $ | 1,107 | | | | | Total | | | $ | 1,095 | | | | $ | 1,095 | | | ||||||
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| | | The Audit Committee of the Board of Directors: I. Bobby Majumder (Chairman) Kamal Jafarnia Romano Tio | |
| ATTEST: | | | BLUEROCK RESIDENTIAL GROWTH REIT, INC. | | ||||||
| | | By: | | | | | (SEAL) | | ||
| Name: Michael L. Konig | | | | | | Name: R. Ramin Kamfar | | | ||
| Title: Chief Legal Officer and Secretary | | | | | | Title: Chief Executive Officer | | |