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DIVIDENDS AND DISTRIBUTIONS | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
DIVIDENDS AND DISTRIBUTIONS | 11. DIVIDENDS AND DISTRIBUTIONS The following table summarizes the Company’s dividends declared and payable during the three months ended March 31, 2023 and 2022:
Date declared |  | Record date |  | Payment date |  | Per share amount |  | Total amount
February 7, 2023 |  | March 15, 2023 |  | March 31, 2023 |  | $ | 0.48 |  |  | $ | 261 |
Total dividends declared and payable for the three months ended March 31, 2023 |  |  |  |  |  | $ | 0.48 |  |  | $ | 261 |
February 9, 2022 |  | March 15, 2022 |  | March 31, 2022 |  | 0.42 |  |  | 205 |
February 9, 2022 |  | March 15, 2022 |  | March 31, 2022 |  | 0.03 |  | (1) | 15 |
Total dividends declared and payable for the three months ended March 31, 2022 |  |  |  |  |  | $ | 0.45 |  |  | $ | 220 |
___________________________________________________________________________ (1)Represents an additional dividend. The Company has a dividend reinvestment plan, whereby the Company may buy shares of its common stock in the open market or issue new shares in order to satisfy dividend reinvestment requests. When the Company issues new shares in connection with the dividend reinvestment plan, the issue price is equal to the closing price of its common stock on the dividend payment date. Dividend reinvestment plan activity for the three months ended March 31, 2023 and 2022, was as follows:
| For the Three Months Ended March 31, |
| 2023 |  | 2022 |  |  |
Shares issued | — |  |  | 0.6 |  |  |  |
Average issue price per share | $ | — |  |  | $ | 20.95 |  |  |  |
Shares purchased by plan agent to satisfy dividends declared and payable during the period for stockholders | 0.8 |  |  | — |  |  |  |
Average purchase price per share | $ | 18.35 |  |  | $ | — |  |  |  |

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