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EQUITY AND REDEEMABLE NONCONTROLLING INTEREST (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of the at-the-Market Equity Offering Program
The following tables summarize ATM Program activity (or activity under any predecessor at-the-market equity offering programs) for the years ended December 31, 2024, 2023 and 2022 (in thousands, except per share amounts):
For the Year Ended December 31,
202420232022
Number of shares40,986 30,869 2,405 
Average sales price per share$26.35 $20.86 $20.00 
Gross proceeds(1)
$1,079,852 $643,802 $48,100 
(1)Total gross proceeds is before $13.4 million, $8.3 million, and $0.6 million of commissions paid to the sales agents and forward adjustments during the years ended December 31, 2024, 2023 and 2022, respectively, under the ATM Program. In addition, total gross proceeds is before other costs related to 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 2024, 2023 and 2022 (dollars in thousands, except per share amounts):
For the Three Months Ended
2024March 31,June 30,September 30,December 31,
Dividends declared per share$0.29 $0.29 $0.29 $0.29 
Dividends payment dateApril 15, 2024July 15, 2024October 15, 2024January 15, 2025
Dividends payable as of record date$41,192 $44,721 $49,721 $54,388 
Dividends record dateMarch 28, 2024June 28, 2024September 30, 2024December 31, 2024
2023
Dividends declared per share$0.28 $0.28 $0.28 $0.28 
Dividends payment dateApril 14, 2023July 14, 2023October 13, 2023January 12, 2024
Dividends payable as of record date[1]
$27,846 $27,853 $32,403 $36,531 
Dividends record dateMarch 31, 2023June 30, 2023September 29, 2023December 29, 2023
2022
Dividends declared per share$0.275 $0.275 $0.275 $0.275 
Dividends payment dateApril 15, 2022July 15, 2022October 14, 2022January 13, 2023
Dividends payable as of record date[1]
$26,691 $26,683 $26,683 $27,386 
Dividends record dateMarch 31, 2022June 30, 2022September 30, 2022December 30, 2022
(1)Dividends payable includes dividends on performance stock awards that will be paid if and when the shares subject to such awards vest if deemed probable of meeting their performance condition.