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Common Stock and Other Equity Related Transactions (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Stock by Class

The following table presents the shares that were issued under our ATM equity offering programs, as adjusted for the stock split, during the years ended December 31, 2019, 2018, and 2017:

	Years Ended December 31,
(amounts in thousands, except share data)	2019				2018				2017
Shares of common stock sold	1,010,472				1,722,282				2,760,034
Weighted average price	$	58.71			$	45.73			$	43.73
Total gross proceeds	$	59,319			$	78,755			$	120,698
Commissions paid to sales agents	$	771			$	1,028			$	1,512

Schedule of Common Stock Outstanding Roll Forward

The following table presents the changes in our outstanding common stock (excluding OP Units of 10,491,222, 11,491,932, and 11,668,200 outstanding at December 31, 2019, 2018 and 2017, respectively), as adjusted for the stock split: 

	Years Ended December 31,
	2019			2018			2017
Shares outstanding at January 1,	179,842,036			177,170,320			171,058,772
Common stock issued through the ATM Equity Offering Program and its predecessor	1,010,472			1,722,282			2,760,034
Common stock issued through exchange of OP Units	997,750			176,268			2,671,800
Common stock issued through exercise of options	5,600			405,600			440,000
Common stock issued through restricted stock grants	193,262			385,010			260,852
Common stock forfeitures	—			—			(1,980	)
Common stock issued through ESPP and Dividend Reinvestment Plan	41,589			45,144			50,202
Common stock repurchased and retired	(1,114	)		(62,588	)		(69,360	)
Shares outstanding at December 31,	182,089,595			179,842,036			177,170,320

Dividends Declared

The following regular quarterly distributions have been declared and paid to common stockholders and Common OP Unitholders since January 1, 2017:

 

Distribution Amount Per Share		For the Quarter Ended		Stockholder Record Date		Payment Date
$0.2438		March 31, 2017		March 31, 2017		April 14, 2017
$0.2438		June 30, 2017		June 30, 2017		July 14, 2017
$0.2438		September 30, 2017		September 29, 2017		October 13, 2017
$0.2438		December 31, 2017		December 29, 2017		January 12, 2018
$0.2750		March 31, 2018		March 30, 2018		April 13, 2018
$0.2750		June 30, 2018		June 29, 2018		July 13, 2018
$0.2750		September 30, 2018		September 28, 2018		October 12, 2018
$0.2750		December 31, 2018		December 28, 2018		January 11, 2019
$0.3063		March 31, 2019		March 29, 2019		April 12, 2019
$0.3063		June 30, 2019		June 28, 2019		July 12, 2019
$0.3063		September 30, 2019		September 27, 2019		October 11, 2019
$0.3063		December 31, 2019		December 27, 2019		January 10, 2020

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