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EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Company's Activity Under the At-The-Market Program

The following tables present the Company’s activity under its ATM programs:

 

Three Months Ended March 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Gross Wtd Avg Sales Price

 

 

Net Wtd Avg Sales Price

 

 

Net Proceeds (1)
($ in thousands)

 

Executed forward sale agreements

 

5,266,452

 

 

$

28.30

 

 

n/a

 

 

n/a

 

Physically settled forward sale agreements

 

 

 

$

 

 

$

 

 

$

 

Total shares sold and issued under the ATM programs

 

 

 

$

 

 

$

 

 

$

 

(1)
Net proceeds, after sales commissions and offering expenses

 

Three Months Ended March 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Gross Wtd Avg Sales Price

 

 

Net Wtd Avg Sales Price

 

 

Net Proceeds (1)
($ in thousands)

 

Executed forward sale agreements

 

 

 

$

 

 

n/a

 

 

n/a

 

Physically settled forward sale agreements

 

 

 

$

 

 

$

 

 

$

 

Total shares sold and issued under the ATM programs

 

280,914

 

 

$

25.02

 

 

$

24.56

 

 

$

6,899

 

(1)
Net proceeds, after sales commissions and offering expenses
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted net earnings per common share.

 

 

 

Three Months Ended March 31,

 

(In thousands except for shares and per share data)

 

2025

 

 

2024

 

Average common shares outstanding – basic

 

 

99,708,806

 

 

 

91,719,475

 

Net effect of dilutive equity awards

 

 

363,212

 

 

 

210,285

 

Average common shares outstanding – diluted

 

 

100,072,018

 

 

 

91,929,760

 

Net income available to common shareholders

 

$

26,156

 

 

$

24,044

 

Basic net earnings per share

 

$

0.26

 

 

$

0.26

 

Diluted net earnings per share

 

$

0.26

 

 

$

0.26