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Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Summary of the At-The-Market Equity Offering Program The following table summarizes ATM Program activity and predecessor at-the-market equity offering program activity for the years ended December 31, 2021 and 2019 (in thousands, except per share amounts):
For the Year Ended December 31,
20212019
Number of shares990 2,459 
Average sales price per share$23.74 $19.48 
Gross proceeds(1)
$23,505 $47,893 
(1)    Total gross proceeds is before $0.3 million and $0.6 million of commissions paid to the sales agents during the year ended December 31, 2021 and December 31, 2019 under the ATM Program and a predecessor at-the-market equity offering program.
Summary 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 2021, 2020 and 2019 (dollars in thousands, except per share amounts):
For the Three Months Ended
2021March 31,June 30,September 30,December 31,
Dividends declared$0.265 $0.265 $0.265 $0.265 
Dividends payment dateApril 15, 2021July 15, 2021October 15, 2021January 14, 2022
Dividends payable as of record date$25,633 $25,714 $25,714 $25,755 
Dividends record dateMarch 31, 2021June 30, 2021September 30, 2021December 31, 2021
2020
Dividends declared$0.25 $0.25 $0.25 $0.25 
Dividends payment dateApril 15, 2020July 15, 2020October 15, 2020January 15, 2021
Dividends payable as of record date$23,931 $23,931 $23,934 $23,933 
Dividends record dateMarch 31, 2020June 30, 2020September 30, 2020December 31, 2020
2019
Dividends declared$0.225 $0.225 $0.225 $0.225 
Dividends payment dateApril 15, 2019July 15, 2019October 15, 2019January 15, 2020
Dividends payable as of record date$20,011 $21,508 $21,500 $21,500 
Dividends record dateMarch 29, 2019June 28, 2019September 30, 2019December 31, 2019