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At-the-Market Program
6 Months Ended
Jun. 30, 2023
Stockholders' Equity Note [Abstract]  
At-the-Market Program

9. At-the-Market Program

On February 27, 2023, the Company entered into an Amended and Restated Equity Distribution Agreement (the “at-the-market agreement”) with Goldman Sachs & Co., LLC and BofA Securities, Inc. (each a “Sales Agent”), which amended and restated its Equity Distribution Agreement with Goldman Sachs & Co., LLC, dated August 8, 2022, to add BofA Securities, Inc. as an additional Sales Agent under that agreement. Under the at-the-market agreement, the Company may issue and sell, from time to time and through the Sales Agents, shares of its common stock having an aggregate offering price of up to $200.0 million (the “ATM Program”).

For the three and six months ended June 30, 2023, the Company sold 930,511 and 2,472,090 shares under the ATM Program, respectively, for proceeds of approximately $17.3 million and $48.4 million, respectively, net of commissions to Sales Agents, at a weighted-average offering prices per share of $18.61 and $19.63, respectively.