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Stockholders' Equity (Tables)
9 Months Ended
Sep. 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: 
 September 30, 2024December 31, 2023
Preferred Stock, $1.00 par value:
Authorized shares50,000,000 50,000,000 
Issued shares— — 
Outstanding shares— — 
Common Stock, $1.00 par value:
Authorized shares1,400,000,000 700,000,000 
Issued shares620,180,281 566,001,632 
Outstanding shares618,395,510 564,241,181 
The following is a summary of our common stock issuances during the nine months ended September 30, 2024 and 2023 (dollars in thousands, except shares and average price amounts): 
 Shares IssuedAverage PriceGross ProceedsNet Proceeds
2023 Option exercises1,708 $63.65 $109 $109 
2023 ATM Program issuances41,477,572 79.08 3,279,956 3,264,947 
2023 Redemption of OP Units and DownREIT Units334,582 — — 
2023 Stock incentive plans, net of forfeitures(54,317)— — 
2023 Totals41,759,545 $3,280,065 $3,265,056 
2024 Option exercises16,578 $65.57 $1,087 $1,087 
2024 ATM Program issuances53,547,363 98.76 5,288,418 5,261,277 
2024 Redemption of OP Units and DownREIT Units494,941 — — 
2024 Stock incentive plans, net of forfeitures95,447 — — 
2024 Totals54,154,329 $5,289,505 $5,262,364 
Summary of Dividend Payments
The following is a summary of our dividend payments (in thousands, except per share amounts): 
 Nine Months Ended
 September 30, 2024September 30, 2023
Per ShareAmountPer ShareAmount
Common stock$1.89 $1,127,827 $1.83 $921,319 
Summary of Accumulated Other Comprehensive Income (Loss)
The following is a summary of accumulated other comprehensive income (loss) as of the dates presented (in thousands):
September 30, 2024December 31, 2023
Foreign currency translation$(820,376)$(913,675)
Derivative and financial instruments designated as hedges625,238 750,515 
Total accumulated other comprehensive income (loss)$(195,138)$(163,160)