Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of reconciliation of the beginning and ending common stock outstanding

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 year	150,457,433	139,487,375	134,706,154
Issuance of common stock	229,618,304	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 year	380,589,894	150,457,433	139,487,375

Schedule of sale of stock under 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 The Company's previous ATM agreements involving Legacy HR are no longer in effect following the Merger on July 20, 2022.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 PRICED	SHARES SETTLED	SHARES REMAINING TO BE SETTLED	NET PROCEEDS in millions
2021	$	31.09	9,763,680	10,859,539	727,400	$	330.3
2022	$	31.73	—	727,400	—	$	22.3

Schedule of reconciliation of beginning and ending balances of accumulated other comprehensive income

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 thousands	2022		2021
Beginning balance	$	(9,981)	$	(17,832)
Other comprehensive loss before reclassifications	1,531		4,472
Amounts reclassified from accumulated other comprehensive income	10,590		3,379
Net current-period other comprehensive income	12,121		7,851
Ending balance	$	2,140	$	(9,981)

Schedule of reclassifications out of accumulated other comprehensive income

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 swaps	937		Interest Expense
	$	1,531