XML 55 R42.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Stockholders' Equity - Narrative (Details)
3 Months Ended 6 Months Ended 170 Months Ended
Mar. 27, 2024
USD ($)
$ / shares
shares
Sep. 05, 2023
USD ($)
May 02, 2023
$ / shares
shares
Feb. 13, 2023
USD ($)
$ / shares
shares
Jun. 30, 2024
USD ($)
period
$ / shares
shares
Mar. 31, 2024
USD ($)
Jun. 30, 2023
USD ($)
$ / shares
shares
Mar. 31, 2023
USD ($)
shares
Jun. 30, 2024
USD ($)
period
$ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Mar. 31, 2024
$ / shares
Dec. 31, 2023
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award                        
Common stock, shares authorized (in shares)         400,000,000       400,000,000     400,000,000
Common stock, par value (in dollars per share) | $ / shares         $ 0.01       $ 0.01     $ 0.01
Preferred stock, authorized (in shares)         100,000,000       100,000,000      
Preferred stock, par value (in dollars per share) | $ / shares         $ 0.01       $ 0.01      
Weighted average offering price (in dollars per share) | $ / shares             $ 62.75   $ 64.00 $ 62.95    
Total compensation to the applicable sales agents | $                 $ 2,200,000      
Issuance of common stock (in shares)             617,106     967,106    
Underwriting discount and offering costs | $         $ 0 $ 3,226,000 $ 822,000 $ 943,000        
Shares repurchase program, authorized repurchase amount (in shares)         3,000,000       3,000,000      
Withdraw from deferred compensation plan (in shares)         0   0   0 0    
Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Granted (in shares)                 67,210      
Grant date fair value per share of restricted stock awards (in dollars per share) | $ / shares                 $ 60.77      
Expense | $         $ 1,700,000   $ 1,500,000   $ 3,100,000 $ 2,900,000    
Fair value of the restricted stock granted | $                 4,100,000      
Unrecognized compensation costs related to restricted stock issuances | $         $ 13,800,000       $ 13,800,000      
Remaining weighted average period                 2 years 9 months 18 days      
Minimum | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Grant date fair value per share of restricted stock awards (in dollars per share) | $ / shares                     $ 14.20  
Vesting period for the restricted stock                 3 years      
Maximum | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Grant date fair value per share of restricted stock awards (in dollars per share) | $ / shares                     $ 78.33  
Vesting period for the restricted stock                 5 years      
Common Shares Held in Deferred Compensation Plan                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Deposits to deferred compensation plan (in shares)             2,080 94,794 0 2,080    
Deposits to deferred compensation plan (in shares)                 0 96,874    
2019 Plan                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Common stock, shares authorized (in shares)         1,898,961       1,898,961      
Granted (in shares)     11,385                  
Grant date fair value per share of restricted stock awards (in dollars per share) | $ / shares     $ 54.90                  
Expense | $         $ 600,000       $ 600,000      
Remaining balance of shares available (in shares)         438,232       438,232      
Long Term Incentive Plan                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Number of shares issued (in shares)                 0      
Number of measurement periods | period         3       3      
$500 Million ATM Program                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Common stock aggregate offering price | $                 $ 500,000,000      
Common stock aggregate offering price, remaining | $                 $ 155,200,000      
Number of shares issued (in shares)                 2,353,278      
Net proceeds form offerings | $                 $ 148,400,000      
$300 Million ATM Program                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Common stock aggregate offering price | $   $ 300,000,000             $ 300,000,000      
Net proceeds form offerings | $             $ 38,200,000     $ 60,000,000.0    
Total compensation to the applicable sales agents | $             $ 600,000     $ 900,000    
IPO | Common Stock                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Number of shares issued (in shares) 6,325,000     5,750,000                
Net proceeds form offerings | $ $ 387,100,000     $ 355,900,000                
Shares issued, price per share (in dollars per share) | $ / shares $ 62.00     $ 62.50                
Underwriting discount and offering costs | $ $ 5,000,000     $ 3,500,000                
Over-Allotment Option | Common Stock                        
Share-based Compensation Arrangement by Share-based Payment Award                        
Number of shares issued (in shares) 825,000     750,000