Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Summary Of Tax Components Of Common And Preferred Dividends Declared And Distributions [Table Text Block]

A summary of the income tax characterization of our distributions paid per common share for the years ended December 31, 2025, 2024, and 2023 is set forth in the following table:

	Year Ended December 31,
	2025		2024		2023
Common Share Distributions (1)
Ordinary income	$	3.76	$	3.29	$	2.54
Long-term capital gain	0.36		0.53		1.90
Return of capital	—		—		—
Unrecaptured Sec. 1250 gain	0.08		0.30		0.50
Total	$	4.20	$	4.12	$	4.94

(1) The $1.05 per share distribution paid on January 16, 2026 was considered a 2025 distribution for federal income tax purposes and was subject to taxation based on our 2025 earnings and profits. The $1.03 per share distribution paid on January 17, 2025 was considered a 2024 distribution for federal income tax purposes and was subject to taxation based on our 2024 earnings and profits. The $1.00 per share distribution per share paid on January 17, 2024 was considered a 2023 distribution for federal income tax purposes and was subject to taxation based on our 2023 earnings.