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At-the-Market Equity Offerings (Tables) | 9 Months Ended
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Sep. 30, 2023
At Market Equity Offerings [Abstract] |
Summary of Active At-the-Market Equity Offering | The following table summarizes the terms and provisions of each sales agreement, and sales activity pursuant to each at-the-market equity offering program that was active during the nine months ended September 30, 2023 or 2022. The maximum aggregate offering price and net proceeds (less sales commissions and expenses) for each at-the-market equity offering program in the following table are reported in thousands.
|  | 2022 Sales Agreement |  |  | May 2023 Sales Agreement |  |  | August 2023 Sales Agreement |
Agreement effective date |  | September 9, 2022 |  |  | May 1, 2023 |  |  | August 1, 2023 |
Sales agents |  | Cowen and Company, LLC and BTIG, LLC ("2022 Sales Agents") |  |  | Cowen and Company, LLC and Canaccord Genuity LLC ("May 2023 Sales Agents") |  |  | Cowen and Company, LLC, Canaccord Genuity LLC, and Berenberg Capital Markets LLC ("August 2023 Sales Agents") |
Maximum aggregate offering price |  | $ | 500,000 |  |  | $ | 625,000 |  |  | $ | 750,000 |
Maximum commissions payable to sales agents on gross proceeds from the sale of shares |  |  | 2.0 | % |  |  | 2.0 | % |  |  | 2.0 | %
Date terminated |  | May 1, 2023 |  |  | August 1, 2023 |  |  | n/a |
Shares sold under such sales agreement during the three months ended September 30, 2023 |  | n/a |  |  |  | 0 |  |  |  | 403,362 |
Net proceeds received from shares sold under such sales agreement during the three months ended September 30, 2023 |  | n/a |  |  | $ | 0 |  |  | $ | 147,218 |
Shares sold under such sales agreement during the nine months ended September 30, 2023 |  |  | 1,348,855 |  |  |  | 1,079,170 |  |  |  | 403,362 |
Net proceeds received from shares sold under such sales agreement during the nine months ended September 30, 2023 |  | $ | 338,962 |  |  | $ | 333,494 |  |  | $ | 147,218 |
Cumulative shares sold under such sales agreement as of September 30, 2023 |  |  | 1,567,430 |  |  |  | 1,079,170 |  |  |  | 403,362 |
Cumulative net proceeds received from shares sold under such sales agreement as of September 30, 2023 |  | $ | 385,181 |  |  | $ | 333,494 |  |  | $ | 147,218 |
Maximum aggregate offering price remaining under such sales agreement as of September 30, 2023 |  | n/a |  |  | n/a |  |  | $ | 602,124 |

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- Definition At-the-market equity offerings. + References No definition available. + Details
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- Definition Summary of active at-the-market equity offering. + References No definition available. + Details
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