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Equity
 6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
DividendReinvestmentPlan [policy text block] During February 2019, the Company approved a dividend reinvestment plan (the “DRIP”), which allowed stockholders to designate all or a portion of the cash dividends on their shares of common stock for reinvestment in additional shares of the Company’s Common Stock.
Equity Equity
The Company has two classes of common stock, Common Stock and Class B Common Stock, both of which entitle stockholders to one vote for each share. Each share of Class B Common Stock has equal status and rights to dividends as a share of Common Stock. The holders of Class B Common Stock have one vote for each share of Class B Common Stock held on all matters on which stockholders are entitled to vote generally except for voting on the election, appointment, or removal of directors of the Company. Additionally, each share of Class B Common Stock will immediately become convertible into one share of Common Stock, at the option of the holder, subject to certain timing and restrictions.
Dividends
The following table presents the Company’s dividends declared on common stock during the six months ended June 30, 2021 and 2020:
(in thousands, except per share data)Common Stock DividendsClass B Common Stock Dividends
Declaration DateRecord DatePayment DatePer ShareAggregatePer ShareAggregate
Six Months Ended June 30, 2021
5/5/20216/17/20217/1/2021$0.035 $27,268 $0.035 $1,916 
2/25/20213/18/20214/1/2021$0.035 $27,220 $0.035 $1,916 
Total$0.070 $54,488 $0.070 $3,832 
Six Months Ended June 30, 2020
5/7/20206/18/20207/2/2020$0.035 $26,767 $— $— 
3/5/20203/19/20204/2/2020$0.035 $27,117 $— $— 
Total$0.070 $53,884 $— $— 
Subsequent Event - On August 4, 2021, the Company announced a dividend of $0.035 per share to holders of Common Stock and Class B Common Stock of record on September 16, 2021, which will be distributed on October 5, 2021.
Other
During February 2019, the Company approved a dividend reinvestment plan (the “DRIP”), which allowed stockholders to designate all or a portion of the cash dividends on their shares of common stock for reinvestment in additional shares of the Company’s Common Stock. The DRIP terminated in accordance with its terms on February 27, 2021. Prior to termination, dividends settled in shares of Common Stock were not material during the three and six months ended June 30, 2021 and 2020.
Share Repurchase Program
During February 2019, the Company approved a share repurchase program (the “Share Repurchase Program”), which authorized the Company to repurchase shares of the Company’s Common Stock (up to a certain amount). The Share Repurchase Program terminated in accordance with its terms on March 23, 2021. Prior to termination, repurchases of shares of Common Stock under the Share Repurchase Program were not material during the three and six months ended June 30, 2021 and 2020.
Accumulated Other Comprehensive Loss
During the three months ended June 30, 2021 and 2020, the Company reclassified out of AOCI $15 million and $11 million, respectively, to interest expense, net, and $4 million and $3 million, respectively, to income tax benefit associated with cash flow hedges.
During the six months ended June 30, 2021 and 2020, the Company reclassified out of AOCI $30 million and $16 million, respectively, to interest expense, net, and $7 million and $4 million, respectively, to income tax benefit associated with cash flow hedges.
As of June 30, 2021, approximately $54 million of AOCI associated with cash flow hedges is estimated to be reclassified to interest expense, net, within the next twelve months.