Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Summary of Stockholders' Equity Capital Accounts

The following is a summary of our stockholders' equity capital accounts as of the dates indicated: 

	June 30, 2024	December 31, 2023
Preferred Stock, $1.00 par value:
Authorized shares	50,000,000	50,000,000
Issued shares	—	—
Outstanding shares	—	—
Common Stock, $1.00 par value:
Authorized shares	1,400,000,000	700,000,000
Issued shares	609,933,670	566,001,632
Outstanding shares	608,150,705	564,241,181

The following is a summary of our common stock issuances during the six months ended June 30, 2024 and 2023 (dollars in thousands, except shares and average price amounts): 

	Shares Issued	Average Price		Gross Proceeds		Net Proceeds
2023 Option exercises	1,708	$	63.65	$	109	$	109
2023 ATM Program issuances	17,435,154	76.90		1,340,727		1,333,799
2023 Redemption of OP Units and DownREIT Units	272,494			—		—
2023 Stock incentive plans, net of forfeitures	(58,840)			—		—
2023 Totals	17,650,516			$	1,340,836	$	1,333,908
2024 Option exercises	5,390	$	62.34	$	336	$	336
2024 ATM Program issuances	43,315,945	93.31		4,041,776		4,020,009
2024 Redemption of OP Units and DownREIT Units	494,941			—		—
2024 Stock incentive plans, net of forfeitures	93,248			—		—
2024 Totals	43,909,524			$	4,042,112	$	4,020,345

Summary of Dividend Payments

The following is a summary of our dividend payments (in thousands, except per share amounts): 

	Six Months Ended
	June 30, 2024				June 30, 2023
	Per Share		Amount		Per Share		Amount
Common stock	$	1.22	$	718,711	$	1.22	$	602,601

Summary of Accumulated Other Comprehensive Income (Loss)

The following is a summary of accumulated other comprehensive income (loss) as of the dates presented (in thousands):

	June 30, 2024		December 31, 2023
Foreign currency translation	$	(1,066,688)	$	(913,675)
Derivative and financial instruments designated as hedges	820,226		750,515
Total accumulated other comprehensive income (loss)	$	(246,462)	$	(163,160)