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Stockholder Equity and Noncontrolling Interest (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Sale of Stock by Subsidiary or Equity Method Investee Disclosure | The following table summarizes our sales transactions under the Previous ATM Program settled during the year ended December 31, 2022.
Forward Sale Transaction Date |  | Number of Shares Sold |  | Expiration Date of Forward Contract |  | Number of Shares Settled |  | Settlement Date |  | Settlement Price, Net of Commissions |  | Proceeds, Net of Commissions
November 1, 2021 |  | 676,500 |  |  | 12/15/22 |  | 676,500 |  |  | 9/28/22 |  | $ | 23.32 |  |  | $ | 15,775 |
November 1, 2021 |  | 323,500 |  |  | 12/15/22 |  | 323,500 |  |  | 9/28/22 |  | 24.17 |  |  | 7,818 |
March 7, 2022 |  | 1,000,000 |  |  | 3/31/23 |  | 1,000,000 |  |  | 9/28/22 |  | 26.34 |  |  | 26,342 |
|  | 2,000,000 |  |  |  |  | 2,000,000 |  |  |  |  |  |  | $ | 49,935 |
Schedule of Dividends Declared | Our board of directors declared the following dividends in 2023:
Quarter |  | Declaration Date |  | Record Date |  | Payment Date |  | Dividend Declared Per Share
First quarter 2023 |  | March 13, 2023 |  | March 31, 2023 |  | April 21, 2023 |  | $ | 0.14 |
Second quarter 2023 |  | May 10, 2023 |  | June 30, 2023 |  | July 21, 2023 |  | $ | 0.16 |
Third quarter 2023 |  | September 12, 2023 |  | September 29, 2023 |  | October 20, 2023 |  | $ | 0.16 |
Fourth quarter 2023 |  | December 11, 2023 |  | December 29, 2023 |  | January 19, 2024 |  | $ | 0.16 |
Our board of directors declared the following dividends in 2022:
Quarter |  | Declaration Date |  | Record Date |  | Payment Date |  | Dividend Declared Per Share
First quarter 2022 |  | March 14, 2022 |  | April 1, 2022 |  | April 22, 2022 |  | $ | 0.12 |
Second quarter 2022 |  | May 18, 2022 |  | July 1, 2022 |  | July 22, 2022 |  | $ | 0.14 |
Third quarter 2022 |  | September 12, 2022 |  | September 30, 2022 |  | October 21, 2022 |  | $ | 0.14 |
Fourth quarter 2022 |  | December 12, 2022 |  | December 30, 2022 |  | January 20, 2023 |  | $ | 0.14 |
Noncontrolling Interest During 2023, holders of IROP units exchanged 144,600 units for 144,600 shares of our common stock. As of December 31, 2023, 5,946,571 IROP units held by unaffiliated third parties were outstanding. During 2022, holders of IROP units exchanged 890,669 units for 890,669 shares of our common stock. As of December 31, 2022, 6,091,171 IROP units held by unaffiliated third parties were outstanding. Our board of directors declared the following distributions on our operating partnership’s LP units during 2023:
Quarter |  | Declaration Date |  | Record Date |  | Payment Date |  | Dividend Declared Per Unit
First quarter 2023 |  | March 13, 2023 |  | March 31, 2023 |  | April 21, 2023 |  | $ | 0.14 |
Second quarter 2023 |  | May 10, 2023 |  | June 30, 2023 |  | July 21, 2023 |  | $ | 0.16 |
Third quarter 2023 |  | September 12, 2023 |  | September 29, 2023 |  | October 20, 2023 |  | $ | 0.16 |
Fourth quarter 2023 |  | December 11, 2023 |  | December 29, 2023 |  | January 19, 2024 |  | $ | 0.16 |
Our board of directors declared the following distributions on our operating partnership’s LP units during 2022:
Quarter |  | Declaration Date |  | Record Date |  | Payment Date |  | Dividend Declared Per Share
First quarter 2022 |  | March 14, 2022 |  | April 1, 2022 |  | April 22, 2022 |  | $ | 0.12 |
Second quarter 2022 |  | May 18, 2022 |  | July 1, 2022 |  | July 22, 2022 |  | $ | 0.14 |
Third quarter 2022 |  | September 12, 2022 |  | September 30, 2022 |  | October 21, 2022 |  | $ | 0.14 |
Fourth quarter 2022 |  | December 12, 2022 |  | December 30, 2022 |  | January 20, 2023 |  | $ | 0.14 |

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- Definition Tabular disclosure of sales of stock or previously unissued stock made by subsidiary or equity method investee to investors outside the consolidated group. This includes stock issued in a business combination in exchange for shares of an acquired entity. + References No definition available. + Details
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