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COMMON STOCK ACTIVITY
 12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
COMMON STOCK ACTIVITY COMMON STOCK ACTIVITY
The following table presents the common stock activity for the three years ended December 31, 2020:
 Years Ended December 31,
202020192018
Common Stock (in shares)
Shares outstanding at beginning of year38,925,953 36,501,356 34,758,167 
Common stock offerings                                                            709,924 2,388,342 1,706,474 
Dividend reinvestment plan                                                            — 1,893 1,844 
Incentive restricted stock granted                                                            69,446 59,943 50,217 
Incentive restricted stock forfeited                                                            (440)(3,010)— 
Director common stock awarded                                                            8,182 6,384 8,478 
Director restricted stock granted208 — — 
Restricted stock withheld for tax obligations(36,445)(28,955)(23,824)
Shares outstanding at end of year                                                            39,676,828 38,925,953 36,501,356 

Common Stock Issuances
The following table presents the common stock issuance activity for the three years ended December 31, 2020:
Years Ended December 31,Number of Shares of
Common Stock Issued		Net Proceeds
(In thousands)
2020709,924 $92,663 
20192,388,342 284,710 
20181,706,474 157,319 

Dividend Reinvestment Plan
The Company had a dividend reinvestment plan that allowed stockholders to reinvest cash distributions in new shares of the Company. On December 12, 2019, the dividend reinvestment plan was terminated and any unsold shares pursuant to the plan were deregistered.