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Common Stock and Other Equity Related Transactions (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Schedule of Stock by Class | The following table presents the shares that were issued under our prior ATM equity offering programs, during the years ended December 31, 2024, 2023, and 2022:
| Years Ended December 31,
(amounts in thousands, except share data) | 2024 |  | 2023 |  | 2022
Shares of common stock sold | 4,534,108 |  |  | — |  |  | 328,123 |
Weighted average price | $ | 70.00 |  |  | $ | — |  |  | $ | 84.46 |
Total gross proceeds | $ | 317,387 |  |  | $ | — |  |  | $ | 28,370 |
Commissions paid to sales agents | $ | 3,174 |  |  | $ | — |  |  | $ | 389 |
Schedule of Common Stock Outstanding Roll Forward | The following table presents the changes in our outstanding common stock (excluding OP Units of 9,103,904, 9,104,654 and 9,265,565 outstanding at December 31, 2024, 2023 and 2022, respectively):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Shares outstanding at January 1, | 186,426,281 |  |  | 186,120,298 |  |  | 185,640,379 |
Common stock issued through the ATM Equity Offering Program and its predecessor | 4,534,108 |  |  | — |  |  | 328,123 |
Common stock issued through exchange of OP Units | 750 |  |  | 160,911 |  |  | 40,086 |
Common stock issued through restricted stock grants | 107,004 |  |  | 143,275 |  |  | 130,600 |
Common stock forfeitures | (9,780) |  |  | — |  |  | (11,881) |
Common stock issued through ESPP and Dividend Reinvestment Plan | 26,765 |  |  | 30,205 |  |  | 37,660 |
Common stock repurchased and retired | (28,601) |  |  | (28,408) |  |  | (44,669) |
Shares outstanding at December 31, | 191,056,527 |  |  | 186,426,281 |  |  | 186,120,298 |
Schedule of Dividends Declared | The following regular quarterly distributions have been declared and paid to common stockholders and Common OP Unitholders since January 1, 2022:
Distribution Amount Per Share |  | For the Quarter Ended |  | Stockholder Record Date |  | Payment Date
$0.4100 |  | March 31, 2022 |  | March 25, 2022 |  | April 8, 2022
$0.4100 |  | June 30, 2022 |  | June 24, 2022 |  | July 8, 2022
$0.4100 |  | September 30, 2022 |  | September 30, 2022 |  | October 14, 2022
$0.4100 |  | December 31, 2022 |  | December 30, 2022 |  | January 13, 2023
$0.4475 |  | March 31, 2023 |  | March 31, 2023 |  | April 14, 2023
$0.4475 |  | June 30, 2023 |  | June 30, 2023 |  | July 14, 2023
$0.4475 |  | September 30, 2023 |  | September 29, 2023 |  | October 13, 2023
$0.4475 |  | December 31, 2023 |  | December 29, 2023 |  | January 12, 2024
$0.4775 |  | March 31, 2024 |  | March 28, 2024 |  | April 12, 2024
$0.4775 |  | June 30, 2024 |  | June 28, 2024 |  | July 12, 2024
$0.4775 |  | September 30, 2024 |  | September 27, 2024 |  | October 11, 2024
$0.4775 |  | December 31, 2024 |  | December 27, 2024 |  | January 10, 2025

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