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Stockholders' Equity and Distributions (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Common Stock Shares Issued and Sold
The Company issued and sold the following shares of common stock during the years ended December 31, 2023, 2022, and 2021:
(in millions, except per share data)
Year Ending December 31,Number of Shares IssuedGross ProceedsUnderwriting Fees/Offering ExpensesNet ProceedsAverage Price/Share
20210.6$10.8 $0.2 $10.6 $16.62 
202214.6$232.1 $2.4 $229.7 $15.77 
202322.7$344.3 $6.1 $338.2 $14.88 
Schedule of Dividends Declared The following table summarizes the Company’s distributions declared during the years ended December 31, 2023, 2022 and 2021:
(in thousands, except per share data)
Distribution TypeDeclared DateRecord DatePayment DatePer Share AmountTotal Amount
BaseFebruary 17, 2021March 8, 2021March 15, 2021$0.32 $37,012 
SupplementalFebruary 17, 2021March 8, 2021March 15, 20210.05 5,783 
BaseApril 21, 2021May 12, 2021May 19, 20210.32 37,053 
SupplementalApril 21, 2021May 12, 2021May 19, 20210.07 8,105 
BaseJuly 21, 2021August 11, 2021August 18, 20210.32 37,079 
SupplementalJuly 21, 2021August 11, 2021August 18, 20210.07 8,111 
BaseOctober 21, 2021November 10, 2021November 17, 20210.33 38,306 
SupplementalOctober 21, 2021November 10, 2021November 17, 20210.07 8,126 
Total distributions declared during the year ended December 31, 2021$1.55 $179,575 
BaseFebruary 16, 2022March 9, 2022March 16, 2022$0.33 $39,794 
SupplementalFebruary 16, 2022March 9, 2022March 16, 20220.15 18,088 
BaseApril 27, 2022May 17, 2022May 24, 20220.33 41,245 
SupplementalApril 27, 2022May 17, 2022May 24, 20220.15 18,748 
BaseJuly 20, 2022August 9, 2022August 16, 20220.35 44,765 
SupplementalJuly 20, 2022August 9, 2022August 16, 20220.15 19,185 
BaseOctober 13, 2022November 10, 2022November 17, 20220.36 47,472 
SupplementalOctober 13, 2022November 10, 2022November 17, 20220.15 19,780 
Total distributions declared during the year ended December 31, 2022$1.97 $249,077 
BaseFebruary 9, 2023March 2, 2023March 9, 2023$0.39 $53,749 
SupplementalFebruary 9, 2023March 2, 2023March 9, 20230.08 11,025 
BaseApril 27, 2023May 16, 2023May 23, 20230.39 55,910 
SupplementalApril 27, 2023May 16, 2023May 23, 20230.08 11,469 
BaseJuly 28, 2023August 18, 2023August 25, 20230.40 60,445 
SupplementalJuly 28, 2023August 18, 2023August 25, 20230.08 12,089 
BaseOctober 26, 2023November 15, 2023November 22, 20230.40 61,345 
SupplementalOctober 26, 2023November 15, 2023November 22, 20230.08 12,269 
Total distributions declared during the year ended December 31, 2023$1.90 $278,301