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Subsequent Events
 12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On January 21, 2025, the Company established a commercial paper program (the “Program”) pursuant to which it may issue short-term, unsecured commercial paper notes (the “Notes”) under the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). Amounts available under the Program may be borrowed, repaid and re-borrowed from time to time, with the aggregate face or principal amount of the Notes outstanding under the Program at any time not to exceed $2.0 billion. As of February 13, 2025, the Company had $330.0 million in outstanding borrowings under the commercial paper program at a weighted average interest rate of 4.74%.

On February 11, 2025, the Company’s board of directors approved quarterly cash dividends for the Company’s Class A common stock and Series B, Series C and Series D preferred stock. The following table summarizes the details of the dividends that were declared:

Title of each classCash dividend per shareRecord DatePayment Date
Class A Common Stock$0.22 March 18, 2025April 7, 2025
Series B Preferred Stock$11.625 February 28, 2025March 15, 2025
Series C Preferred Stock$10.3125 February 28, 2025March 15, 2025
Series D Preferred Stock$15.00 February 28, 2025March 15, 2025