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At-the-Market Equity Offerings (Tables) | 12 Months Ended
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Dec. 31, 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 2023, 2022, or 2021. 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.
|  | November 2023 Sales Agreement |  |  | August 2023 Sales Agreement |  |  | May 2023 Sales Agreement |  |  | 2022 Sales Agreement |  |  | 2021 Sales Agreement |
Agreement effective date |  | November 30, 2023 |  |  | August 1, 2023 |  |  | May 1, 2023 |  |  | September 9, 2022 |  |  | June 14, 2021 |
Sales agents |  | Cowen and Company, LLC, Canaccord Genuity LLC, and BTIG, LLC ("November 2023 Sales Agents") |  |  | Cowen and Company, LLC, Canaccord Genuity LLC, and Berenberg Capital Markets LLC ("August 2023 Sales Agents") |  |  | Cowen and Company, LLC and Canaccord Genuity LLC ("May 2023 Sales Agents") |  |  | Cowen and Company, LLC and BTIG, LLC ("2022 Sales Agents") |  |  | Jefferies, LLC ("2021 Sales Agents") |
Maximum aggregate offering price |  | $ | 750,000 |  |  | $ | 750,000 |  |  | $ | 625,000 |  |  | $ | 500,000 |  |  | $ | 1,000,000 |
Maximum commissions payable to sales agents on gross proceeds from the sale of shares |  |  | 2.0 | % |  |  | 2.0 | % |  |  | 2.0 | % |  |  | 2.0 | % |  |  | 2.0 | %
Date terminated |  | n/a |  |  | November 29, 2023 |  |  | August 1, 2023 |  |  | May 1, 2023 |  |  | December 28, 2021 |
Shares sold under such sales agreement during the year ended: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2023 |  |  | 1,076,915 |  |  |  | 1,592,950 |  |  |  | 1,079,170 |  |  |  | 1,348,855 |  |  | n/a |
December 31, 2022 |  | n/a |  |  | n/a |  |  | n/a |  |  |  | 218,575 |  |  | n/a |
December 31, 2021 |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |  |  |  | 1,413,767 |
Net proceeds received from shares sold under such sales agreement during the year ended: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2023 |  | $ | 609,873 |  |  | $ | 737,760 |  |  | $ | 333,494 |  |  | $ | 338,962 |  |  | n/a |
December 31, 2022 |  | n/a |  |  | n/a |  |  | n/a |  |  | $ | 46,219 |  |  | n/a |
December 31, 2021 |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |  |  | $ | 990,463 |
As of December 31, 2023: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cumulative shares sold under such sales agreement |  |  | 1,076,915 |  |  |  | 1,592,950 |  |  |  | 1,079,170 |  |  |  | 1,567,430 |  |  |  | 1,413,767 |
Cumulative net proceeds received from shares sold under such sales agreement |  | $ | 609,873 |  |  | $ | 737,760 |  |  | $ | 333,494 |  |  | $ | 385,181 |  |  | $ | 990,463 |
Maximum aggregate offering price remaining under such sales agreement |  | $ | 137,765 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |

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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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