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Stockholder Equity and Noncontrolling Interest (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Sale of Stock by Subsidiary or Equity Method Investee Disclosure
The following table summarizes our sales transactions under the 2023 ATM Program settled during the year ended December 31, 2024:
Forward Sale Transaction DateNumber of Shares SoldExpiration Date of Forward ContractNumber of Shares SettledSettlement DateSettlement Price, Net of Commissions Proceeds, Net of Commissions
August 20241,500,000 09/05/251,500,000 12/30/24$19.57 $29,358 
November 2024998,300 11/13/25998,300 12/30/2420.78 20,748 
2,498,300 2,498,300 $20.06 $50,106 
Schedule of Dividends Declared
Our board of directors declared the following dividends in 2024:
QuarterDeclaration DateRecord DatePayment DateDividend Declared
Per Share
First quarter 2024March 11, 2024March 29, 2024April 19, 2024$0.16 
Second quarter 2024June 10, 2024June 28, 2024July 19, 2024$0.16 
Third quarter 2024September 17, 2024September 30, 2024October 18, 2024$0.16 
Fourth quarter 2024December 16, 2024December 31, 2024January 17, 2025$0.16 
Our board of directors declared the following dividends in 2023:
QuarterDeclaration DateRecord DatePayment DateDividend Declared
Per Share
First quarter 2023March 13, 2023March 31, 2023April 21, 2023$0.14 
Second quarter 2023May 10, 2023June 30, 2023July 21, 2023$0.16 
Third quarter 2023September 12, 2023September 29, 2023October 20, 2023$0.16 
Fourth quarter 2023December 11, 2023December 29, 2023January 19, 2024$0.16 
Noncontrolling Interest
During 2024, holders of IROP units exchanged 4,928 units for 4,928 shares of our common stock. As of December 31, 2024, 5,941,643 IROP units held by unaffiliated third parties were outstanding.
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.
Our board of directors declared the following distributions on our operating partnership’s LP units during 2024:
QuarterDeclaration DateRecord DatePayment DateDividend Declared
Per Unit
First quarter 2024March 11, 2024March 29, 2024April 19, 2024$0.16 
Second quarter 2024June 10, 2024June 28, 2024July 19, 2024$0.16 
Third quarter 2024September 17, 2024September 30, 2024October 18, 2024$0.16 
Fourth quarter 2024December 16, 2024December 31, 2024January 17, 2025$0.16 
Our board of directors declared the following distributions on our operating partnership’s LP units during 2023:
QuarterDeclaration DateRecord DatePayment DateDividend Declared
Per Share
First quarter 2023March 13, 2023March 31, 2023April 21, 2023$0.14 
Second quarter 2023May 10, 2023June 30, 2023July 21, 2023$0.16 
Third quarter 2023September 12, 2023September 29, 2023October 20, 2023$0.16 
Fourth quarter 2023December 11, 2023December 29, 2023January 19, 2024$0.16