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Stockholders' Equity
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Stockholders' Equity Stockholders’ Equity
Common Stock
The Company had no preferred shares outstanding and had common shares outstanding for the three years ended December 31, 2022, 2021, and 2020 as follows: 
 YEAR ENDED DECEMBER 31,
2022 2021 2020 
Balance, beginning of year150,457,433 139,487,375 134,706,154 
Issuance of common stock229,618,304 10,899,301 4,637,445 
Non-vested share-based awards, net of withheld shares and forfeitures 514,157 70,757 143,776 
Balance, end of year380,589,894 150,457,433 139,487,375 
At-The-Market Equity Offering Program
The Company has in place an ATM equity offering program to sell shares of the Company’s common stock from time to time in at-the-market sales transactions. The Company has equity distribution agreements with various sales agents with respect to the ATM offering program of common stock with an aggregate sales amount of up to $750.0 million. As of December 31, 2022, $750.0 million remained available for issuance under the current ATM offering program. The Company's previous ATM agreements involving Legacy HR are no longer in effect following the Merger on July 20, 2022. The following table details the Company's at-the-market activity, including any forward transactions:
WEIGHTED AVERAGE SALE PRICE
per share		SHARES PRICEDSHARES SETTLEDSHARES REMAINING TO BE SETTLEDNET PROCEEDS
in millions
2021$31.09 9,763,680 10,859,539 727,400 $330.3 
2022$31.73 — 727,400 — $22.3 
Dividends Declared
During 2022, the Company declared and paid common stock dividends aggregating $1.24 per share ($0.31 per share per quarter).
On February 24, 2023, the Company declared a quarterly common stock dividend in the amount of $0.31 per share payable on March 21, 2023 to stockholders of record on March 7, 2023.

Authorization to Repurchase Common Stock
On August 2, 2022, the Company’s Board of Directors authorized the repurchase of up to $500.0 million of outstanding shares of the Company’s common stock either in the open market or through privately negotiated transactions, subject to market conditions, regulatory constraints, and other customary conditions. The Company is not obligated under this authorization to repurchase any specific number of shares. This authorization supersedes all previous stock repurchase authorizations. As of the date of these Consolidated Financial Statements, the Company has not repurchased any shares of its common stock under this authorization.
Accumulated Other Comprehensive Income
During the year ended December 31, 2020, the Company entered into two treasury rate locks that were settled for an aggregate amount of $4.3 million concurrent with the Company’s issuance of its Senior Notes due 2030. This amount will be reclassified out of accumulated other comprehensive over the 10-year term of the notes. The Company continues to amortize the 2015 settlement of forward-starting interest rate swaps. This amount will be reclassified out of accumulated other comprehensive income impacting net income over the 10-year term of the associated senior note issuance. See Note 11 for more information regarding the Company's derivative instruments.
The following table represents the changes in accumulated other comprehensive income (loss) during the years ended December 31, 2022 and 2021:
INTEREST RATE SWAPS
as of December 31,
Dollars in thousands20222021
Beginning balance$(9,981)$(17,832)
Other comprehensive loss before reclassifications1,531 4,472 
Amounts reclassified from accumulated other comprehensive income10,590 3,379 
Net current-period other comprehensive income12,121 7,851 
Ending balance$2,140 $(9,981)

The following table represents the details regarding the reclassifications from accumulated other comprehensive income (loss) during the year ended December 31, 2022 (dollars in thousands):
DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE
INCOME (LOSS) COMPONENTS		AMOUNT RECLASSIFIED
from accumulated other comprehensive income (loss)		AFFECTED LINE ITEM
in the statement where net
income is presented
Amounts reclassified from accumulated other comprehensive income (loss) related to settled interest rate swaps$594 Interest Expense
Amounts reclassified from accumulated other comprehensive income (loss) related to current interest rate swaps937 Interest Expense
$1,531