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Stockholders' Equity Matters (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Dividends Declared and Payments
In 2023, 2024 and 2025, our board of directors declared the following dividends:
DECLARATION DATEDIVIDEND
PER SHARE
RECORD DATETOTAL AMOUNTPAYMENT DATE
February 23, 2023$0.6185 March 15, 2023$180,339 April 5, 2023
May 4, 20230.6185 June 15, 2023180,493 July 6, 2023
August 3, 20230.6500 September 15, 2023189,730 October 5, 2023
November 2, 20230.6500 December 15, 2023189,886 January 4, 2024
February 22, 20240.6500 March 15, 2024190,506 April 4, 2024
May 2, 20240.6500 June 17, 2024190,643 July 5, 2024
August 1, 20240.7150 September 16, 2024209,776 October 3, 2024
November 6, 20240.7150 December 16, 2024209,913 January 7, 2025
February 13, 20250.7850 March 17, 2025231,549 April 4, 2025
May 1, 20250.7850 June 16, 2025231,789 July 3, 2025
August 6, 20250.7850 September 15, 2025231,972 October 3, 2025
November 5, 20250.8640 December 15, 2025255,560 January 6, 2026
During the years ended December 31, 2025, 2024 and 2023, we declared dividends in an aggregate and per share amount, based on the weighted average number of common shares outstanding during each respective year, as follows:
 YEAR ENDED DECEMBER 31,
 202520242023
Declared distributions$950,870 $800,838 $740,448 
Amount per share each distribution represents based on weighted average number of common shares outstanding3.22 2.73 2.54 
Schedule of Classification of Dividends Paid For the years ended December 31, 2025, 2024 and 2023, the dividends we paid on our common shares were classified as follows:
YEAR ENDED DECEMBER 31,
 202520242023
Nonqualified ordinary dividends61.1 %82.6 %98.2 %
Qualified ordinary dividends(1)
— %— %0.8 %
Return of capital38.9 %17.4 %1.0 %
100.0 %100.0 %100.0 %
(1)During the year ended December 31, 2023, the percentage of our dividends that was classified as qualified ordinary dividends for federal income tax purposes primarily related to the distribution of historical C corporation earnings and profits during the year ended December 31, 2023.