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Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Summary of Stockholders' Equity Capital Accounts
The following is a summary of our stockholders' equity capital accounts as of the dates indicated: 
 March 31, 2025December 31, 2024
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 1,400,000,000 
Issued shares652,034,658 637,056,054 
Outstanding shares651,889,055 635,289,329 
The following is a summary of our common stock issuances during the three months ended March 31, 2025 and 2024 (dollars in thousands, except shares and average price amounts): 
 Shares IssuedAverage PriceGross ProceedsNet Proceeds
2024 Option exercises122 $73.77 $9 $9 
2024 ATM Program issuances26,611,694 91.22 2,427,464 2,416,475 
2024 Redemption of OP Units and DownREIT Units19,129 — — 
2024 Stock incentive plans, net of forfeitures62,066 — — 
2024 Totals26,693,011 $2,427,473 $2,416,484 
2025 Option exercises16,418 $72.06 $1,183 $1,183 
2025 ATM Program issuances14,389,086 139.11 2,001,646 1,991,220 
2025 Equity issuance (1)
1,563,904 153.51 240,075 240,075 
2025 Redemption of OP Units and DownREIT Units554,681 — — 
2025 Stock incentive plans, net of forfeitures75,637 — — 
2025 Totals16,599,726 $2,242,904 $2,232,478 
(1) Relates to the re-issuance of treasury shares in lieu of cash consideration for the acquisition of real property. Please see Note 3 for additional information.
Summary of Dividend Payments
The following is a summary of our dividend payments (in thousands, except per share amounts): 
 Three Months Ended
 March 31, 2025March 31, 2024
Per ShareAmountPer ShareAmount
Common stock$0.67 $431,041 $0.61 $352,529 
Summary of Accumulated Other Comprehensive Income (Loss)
The following is a summary of accumulated other comprehensive income (loss) as of the dates presented (in thousands):
March 31, 2025December 31, 2024
Foreign currency translation$(1,108,189)$(1,276,625)
Derivative and financial instruments designated as hedges798,553 916,844 
Total accumulated other comprehensive income (loss)$(309,636)$(359,781)