Equity (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Summary of the At-The-Market Offering Program

The following table summarizes predecessor at-the-market equity offering program activity for the nine months ended September 30, 2019 (in thousands, except per share amounts):

	For the Nine Months Ended
	September 30, 2019
Number of shares	2,459
Average sales price per share	$	19.48
Gross proceeds*	$	47,893

*Total gross proceeds is before $0.6 million of commissions paid to the sales agents during the nine months ended September 30, 2019 under the predecessor at-the-market equity offering program.

Schedule of Dividends on Common Stock

The following table summarizes the cash dividends on the Company’s common stock declared by the Company’s Board of Directors for the first nine months of 2020 (dollars in thousands, except per share amounts):

	For the Three Months Ended
	March 31, 2020		June 30, 2020		September 30, 2020
Dividends declared per share	$	0.25	$	0.25	$	0.25
Dividends payment date	April 15, 2020		July 15, 2020		October 15, 2020
Dividends payable as of record date	$	23,931	$	23,931	$	23,934
Dividends record date	March 31, 2020		June 30, 2020		September 30, 2020