Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Outstanding Preferred Stock

The Company’s outstanding Preferred Stock is detailed below:

As of June 30, 2025
Class of Preferred Stock	Shares Authorized		Shares Issued and Outstanding		Liquidation Preference (in thousands)		Dividend Rate			Annual Dividend per Depositary Share		Par Value		Optional Redemption Date
Class L		10,350		8,902	$	222,543		5.125	%	$	1.28125	$	1.00	8/16/2022
Class M		10,580		10,465		261,636		5.250	%	$	1.31250	$	1.00	12/20/2022
Class N		1,849		1,381		69,017		7.250	%	$	3.62500	$	1.00	N/A
				20,748	$	553,196

As of December 31, 2024
Class of Preferred Stock	Shares Authorized		Shares Issued and Outstanding		Liquidation Preference (in thousands)		Dividend Rate			Annual Dividend per Depositary Share		Par Value		Optional Redemption Date
Class L		10,350		8,902	$	222,543		5.125	%	$	1.28125	$	1.00	8/16/2022
Class M		10,580		10,465		261,636		5.250	%	$	1.31250	$	1.00	12/20/2022
Class N		1,849		1,439		71,934		7.250	%	$	3.62500	$	1.00	N/A
				20,806	$	556,113

Summary of Repurchased Preferred Stock

During the six months ended June 30, 2025, the Company repurchased the following preferred stock:

Class of Preferred Stock	Depositary Shares  Repurchased		Purchase Price (in thousands)
Class N		58,342	$	3,481

Summary of Dividends Declared Per Share

The following table provides a summary of the dividends declared per share:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Common Shares	$	0.25000	$	0.24000	$	0.50000	$	0.48000
Class L Depositary Shares	$	0.32031	$	0.32031	$	0.64062	$	0.64062
Class M Depositary Shares	$	0.32813	$	0.32813	$	0.65626	$	0.65626
Class N Depositary Shares	$	0.90625	$	0.90625	$	1.81250	$	1.81250