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Equity (Tables)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Summary of At-The-Market Offering Program
The following table summarizes the quarterly ATM Program activity for 2018 (in thousands, except per share amounts):
 
For the Three Months Ended
 
 
 
March 31, 2018
 
June 30, 2018
 
September 30, 2018
 
Total
Number of shares

 
2,989

 
4,772

 
7,761

Average sales price per share
$

 
$
16.13

 
$
17.62

 
$
17.04

Gross proceeds*
$

 
$
48,198

 
$
84,077

 
$
132,275

*Total gross proceeds is before $0.6 million and $1.1 million of commissions paid to the sales agents during the three months ended June 30, 2018 and September 30, 2018, respectively.
Schedule of Dividends on Common Stock
The following table summarizes the cash dividends per share of common stock declared by the Company’s Board of Directors for 2018:
 
For the Three Months Ended
 
March 31, 2018
 
June 30, 2018
 
September 30, 2018
Dividends declared
$
0.205

 
$
0.205

 
$
0.205

Dividends payment date
April 13, 2018

 
July 13, 2018

 
October 15, 2018