XML 68 R20.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Stockholders' equity
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Stockholders' equity STOCKHOLDERS’ EQUITY
Common equity transactions

In February 2024, we entered into a new ATM common stock offering program, which allows us to sell up to an aggregate of $1.5 billion of our common stock. As of March 31, 2024, the full amount remained available for future sales of our common stock.

Dividends

During the three months ended March 31, 2024, we declared cash dividends on our common stock aggregating $222.1 million, or $1.27 per share. In April 2024, we paid the cash dividends on our common stock declared for the three months ended March 31, 2024.

Accumulated other comprehensive loss

The change in accumulated other comprehensive loss attributable to Alexandria Real Estate Equities, Inc.’s stockholders during the three months ended March 31, 2024 was entirely due to net unrealized losses of $7.9 million on foreign currency translation related to our operations primarily in Canada.

Common stock, preferred stock, and excess stock authorizations

Our charter authorizes the issuance of 400.0 million shares of common stock, of which 172.0 million shares were issued and outstanding as of March 31, 2024. Our charter also authorizes the issuance of up to 100.0 million shares of preferred stock, none of which were issued and outstanding as of March 31, 2024. In addition, 200.0 million shares of “excess stock” (as defined in our charter) are authorized, none of which were issued and outstanding as of March 31, 2024.