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Stockholders' Equity and Distributions (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Common Stock Shares Issued and Sold
The Company issued and sold the following shares of common stock during the six months ended June 30, 2025 and 2024:
(in millions, except per share data)
Six Months Ended June 30,Number of Shares IssuedGross ProceedsUnderwriting Fees/Offering ExpensesNet ProceedsAverage Price/Share
202510.4$191.0 $2.1 $188.9 $18.24 
20243.7$67.3 $0.9 $66.4 $17.83 
Schedule of Dividends Declared The following table summarizes the Company’s distributions declared during the six months ended June 30, 2025 and year ended December 31, 2024:
(in thousands, except per share data)
Distribution TypeDeclared DateRecord DatePayment DatePer Share AmountTotal Amount
BaseFebruary 8, 2024February 28, 2024March 6, 2024$0.40 $63,359 
SupplementalFebruary 8, 2024February 28, 2024March 6, 20240.08 12,672 
BaseApril 25, 2024May 14, 2024May 21, 20240.40 64,912 
SupplementalApril 25, 2024May 14, 2024May 21, 20240.08 12,982 
BaseJuly 25, 2024August 13, 2024August 20, 20240.40 64,953 
SupplementalJuly 25, 2024August 13, 2024August 20, 20240.08 12,990 
BaseOctober 24, 2024November 13, 2024November 20, 20240.40 66,980 
SupplementalOctober 24, 2024November 13, 2024November 20, 20240.08 13,396 
Total distributions declared during the year ended December 31, 2024$1.92 $312,244 
BaseFebruary 6, 2025February 26, 2025March 5, 2025$0.40 $69,263 
SupplementalFebruary 6, 2025February 26, 2025March 5, 20250.07 12,121 
BaseApril 23, 2025May 13, 2025May 20, 20250.40 70,709 
SupplementalApril 23, 2025May 13, 2025May 20, 20250.07 12,374 
Total distributions declared during the six months ended June 30, 2025$0.94 $164,467