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EQUITY (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of At-The-Market Offering Program
The following table summarizes the ATM Program activity for the three and nine months ended September 30, 2024 and 2023 (in thousands, except per share amounts):
For the Three Months Ended
For the Nine Months Ended
September 30, 2024
September 30, 2023
September 30, 2024
September 30, 2023
Number of shares17,241 16,285 40,986 16,285 
Average sales price per share$29.01 $19.89 $26.35 $19.89 
Gross proceeds(1)
$500,085 $323,886 $1,079,852 $323,886 
(1) Total gross proceeds is before $6.2 million and $4.0 million of commissions paid to the sales agents and forward adjustments during the three months ended September 30, 2024 and 2023, respectively, under the ATM Program. Total gross proceeds is before $13.4 million and $4.0 million of commissions paid to the sales agents and forward adjustments during the nine months ended September 30, 2024 and 2023, respectively, under the ATM Program.
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 the first nine months of 2024 (dollars in thousands, except per share amounts):
For the Three Months Ended
March 31, 2024June 30, 2024
September 30, 2024
Dividends declared per share$0.29 $0.29 $0.29 
Dividends payment dateApril 15, 2024July 15, 2024October 15, 2024
Dividends payable as of record date$41,192 $44,721 $49,721 
Dividends record dateMarch 28, 2024June 28, 2024September 30, 2024