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COMMON STOCK ACTIVITY | 12 Months Ended
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Dec. 31, 2019
Equity [Abstract] |
COMMON STOCK ACTIVITY | COMMON STOCK ACTIVITY The following table presents the common stock activity for the three years ended December 31, 2019:
| Years Ended December 31,
2019 |  | 2018 |  | 2017
Common Stock (in shares)
Shares outstanding at beginning of year | 36,501,356 |  |  | 34,758,167 |  |  | 33,332,213 |
Common stock offerings | 2,388,342 |  |  | 1,706,474 |  |  | 1,370,457 |
Dividend reinvestment plan | 1,893 |  |  | 1,844 |  |  | 2,744 |
Incentive restricted stock granted | 59,943 |  |  | 50,217 |  |  | 93,285 |
Incentive restricted stock forfeited | (3,010 | ) |  | — |  |  | (16,000 | )
Director common stock awarded | 6,384 |  |  | 8,478 |  |  | 8,881 |
Director restricted stock granted | — |  |  | — |  |  | 282 |
Restricted stock withheld for tax obligations | (28,955 | ) |  | (23,824 | ) |  | (33,695 | )
Shares outstanding at end of year | 38,925,953 |  |  | 36,501,356 |  |  | 34,758,167 |
Common Stock Issuances The following table presents the common stock issuance activity for the three years ended December 31, 2019:
Years Ended December 31, |  | Number of Shares of Common Stock Issued |  | Net Proceeds
|  |  |  | (In thousands)
2019 |  | 2,388,342 |  |  | $ | 284,710 |
2018 |  | 1,706,474 |  |  | 157,319 |
2017 |  | 1,370,457 |  |  | 109,207 |
Dividend Reinvestment Plan The Company had a dividend reinvestment plan that allowed stockholders to reinvest cash distributions in new shares of the Company. On December 12, 2019, the dividend reinvestment plan was terminated and any unsold shares pursuant to the plan were deregistered.

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- Definition Element captures additional disclosures pertaining to an entity's common stock. Such disclosures may include par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation. + References No definition available. + Details
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- References No definition available. + Details
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