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EQUITY (Notes) | 6 Months Ended
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Jun. 30, 2020
Equity [Abstract] |
EQUITY | EQUITY Equity Issuances - In June 2020, we completed an underwritten public offering of 29.9 million shares of our common stock at a public offering price of $32.00 per share, generating net proceeds, after deducting underwriting discounts, commissions and offering expenses, of $937.0 million. We expect to use the net proceeds from this offering for general corporate purposes, which could include the repayment of existing indebtedness and the funding of capital expenditures. Dividends - Holders of our common stock share equally in any dividend declared by our Board of Directors, subject to the rights of the holders of outstanding preferred stock. Dividends paid on our common stock in February 2020 and May 2020 were $0.935 per share. A dividend of $0.935 per share was declared for shareholders of record at the close of business on August 3, 2020, payable August 14, 2020. The Series E Preferred Stock pays quarterly dividends on each share of Series E Preferred Stock, when, as and if declared by our Board of Directors, at a rate of 5.5% per year. We paid dividends for the Series E Preferred Stock of $0.3 million in February 2020 and May 2020. Dividends totaling $0.3 million were declared for the Series E Preferred Stock and are payable August 14, 2020.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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