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Equity (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of At the Market Program The following table presents information about the 2022 ATM Program and the Company's prior ATM Programs:
Program NameDate EstablishedDate TerminatedMaximum Sales Authorization
Gross Sales through December 31, 2022
2019 ATM ProgramAugust 2019June 2020$200,000 $184,400 
2020 ATM ProgramJune 2020July 2021$250,000 $166,800 
2021 ATM ProgramJuly 2021May 2022$350,000 $348,140 
2022 ATM Program (1)
May 2022$500,000 $75,419 
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(1)Includes 957,453 shares as of December 31, 2022 that the Company sold on a forward basis that were physically settled for cash in January 2023.
The following table details information related to activity under the ATM Program for each period presented:
Year ended December 31,
(in thousands, except share and per share data)202220212020
Shares of common stock sold (1)
9,794,137 10,005,890 4,499,057 
Weighted average sale price per share$24.00 $27.58 $19.02 
Gross proceeds$235,060 $275,972 $85,559 
Net proceeds$232,478 $271,949 $84,104 
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(1)Includes 957,453 shares during the year ended December 31, 2022 that the Company sold on a forward basis that were physically settled for cash in January 2023.
Summary of Quarterly Cash Dividends
During the years ended December 31, 2022, 2021 and 2020, the Company's board of directors declared the following quarterly cash dividends on common stock: 
Date DeclaredRecord DateDate PaidDividend per Share of
Common Stock
Total Dividend (dollars in thousands)
November 30, 2022December 30, 2022January 13, 2023$0.275 $39,246 
September 2, 2022September 30, 2022October 14, 2022$0.27 $38,533 
June 2, 2022June 30, 2022July 14, 2022$0.27 $35,916 
March 14, 2022March 31, 2022April 13, 2022$0.26 $34,188 
December 3, 2021December 31, 2021January 13, 2022$0.26 $32,466 
September 2, 2021September 30, 2021October 14, 2021$0.25 $30,397 
May 27, 2021June 30, 2021July 15, 2021$0.25 $29,559 
March 5, 2021March 31, 2021April 15, 2021$0.24 $26,265 
December 3, 2020December 31, 2020January 15, 2021$0.24 $25,570 
September 4, 2020September 30, 2020October 15, 2020$0.23 $24,115 
June 11, 2020June 30, 2020July 15, 2020$0.23 $21,419 
March 18, 2020March 31, 2020April 15, 2020$0.23 $21,168