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COMMON STOCK ACTIVITY
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
COMMON STOCK ACTIVITY COMMON STOCK ACTIVITY
The following table presents the common stock activity for the three years ended December 31, 2021:
 Years Ended December 31,
202120202019
Common Stock (in shares)
Shares outstanding at beginning of year39,676,828 38,925,953 36,501,356 
Common stock offerings                                                            1,551,181 709,924 2,388,342 
Dividend reinvestment plan                                                            — — 1,893 
Incentive restricted stock granted                                                            66,623 69,446 59,943 
Incentive restricted stock forfeited                                                            — (440)(3,010)
Director common stock awarded                                                            4,466 8,182 6,384 
Director restricted stock granted— 208 — 
Restricted stock withheld for tax obligations(30,252)(36,445)(28,955)
Shares outstanding at end of year                                                            41,268,846 39,676,828 38,925,953 

Common Stock Issuances
The following table presents the common stock issuance activity for the three years ended December 31, 2021:
Years Ended December 31,Number of Shares of
Common Stock Issued		Net Proceeds
(In thousands)
20211,551,181 $271,155 
2020709,924 92,663 
20192,388,342 284,710 

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.