XML 63 R50.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders' Equity - Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended 125 Months Ended
May 05, 2020
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Dec. 31, 2019
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Common stock, shares authorized (in shares)   400,000,000   400,000,000   400,000,000 400,000,000 400,000,000 400,000,000  
Common stock, par value (in dollars per share)   $ 0.01       $ 0.01   $ 0.01 $ 0.01  
Preferred stock, authorized (in shares)   100,000,000       100,000,000   100,000,000    
Preferred stock, par value (in dollars per share)   $ 0.01       $ 0.01   $ 0.01    
Common stock aggregate offering price, remaining           $ 93,300,000        
Issuance of common stock, net of issuance costs (in shares)       2,375,270     4,364,071      
Shares issued, price per share (in dollars per share)   $ 52.81       $ 52.81   $ 52.81    
Net proceeds of common share issuance           $ 55,492,000 $ 191,018,000      
Total compensation to the applicable sales agents   $ 500,000   $ 1,600,000   $ 800,000 2,800,000      
Shares repurchase program, authorized repurchase amount (in shares)   3,000,000       3,000,000   3,000,000    
Shares granted to independent directors (in shares)           20,501        
Grant date fair value per share of restricted stock awards (in dollars per share)           $ 58.08        
Stock based compensation expense           $ 4,495,000 6,160,000      
Stockholders' Equity Attributable to Parent   $ 1,589,266,000 $ 1,542,722,000 $ 1,436,178,000 $ 1,333,176,000 1,589,266,000 1,436,178,000 $ 1,589,266,000 $ 1,517,123,000 $ 1,247,797,000
Common Stock                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Issuance of common stock, net of issuance costs (in shares)   630,490 562,521 2,386,470 2,184,888          
Deposits to deferred compensation plan (in shares)   (3,730) (135,494)              
Stockholders' Equity Attributable to Parent   $ 684,000 $ 677,000 $ 656,000 $ 632,000 684,000 656,000 684,000 $ 673,000 $ 610,000
Common Shares Held in Deferred Compensation Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Stockholders' Equity Attributable to Parent   $ 139,224,000 $ 135,494,000     $ 139,224,000   $ 139,224,000    
2019 Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Remaining balance of shares available (in shares)   1,429,652       1,429,652   1,429,652    
Long Term Incentive Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Issuance of common stock, net of issuance costs (in shares)           135,494        
Compensation costs   $ 119,000   2,392,000   $ 725,000 3,770,000      
Weighted average offering price per share (in dollars per share)           $ 54.22        
Restricted stock                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Compensation costs   700,000   $ 400,000   $ 1,400,000 $ 900,000      
Fair value of the restricted stock granted           $ 1,200,000        
Vesting period for the restricted stock           3 years        
Unrecognized compensation costs related to restricted stock issuances   $ 5,800,000       $ 5,800,000   $ 5,800,000    
Remaining weighted average period           3 years 6 months        
Restricted stock | Director                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Shares granted to independent directors (in shares) 11,190                  
Grant date fair value per share of restricted stock awards (in dollars per share) $ 53.62                  
Compensation costs $ 600,000                  
Restricted stock | 2019 Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Common stock authorized for issuance as restricted stock grants under 2019 plan (in shares)   1,898,961       1,898,961   1,898,961    
Minimum | Restricted stock                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Grant date fair value per share of restricted stock awards (in dollars per share)               $ 14.20    
Maximum | Restricted stock                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Grant date fair value per share of restricted stock awards (in dollars per share)               58.08    
$300 Million ATM Program                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Common stock aggregate offering price           $ 300,000,000        
Issuance of common stock, net of issuance costs (in shares)   619,300       1,046,327        
Shares issued, price per share (in dollars per share)   $ 53.04   $ 45.76   $ 53.04 $ 45.76 $ 53.04    
Net proceeds of common share issuance   $ 32,200,000       $ 54,700,000        
$250 Million ATM Program                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Common stock aggregate offering price             $ 250,000,000.0      
Shares issued, price per share (in dollars per share)       $ 43.77     $ 43.77      
$250 Million and $300 Million ATM Programs                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Net proceeds of common share issuance       $ 107,100,000     $ 188,200,000