v3.24.3
CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Thousands
Preferred Stock [Member]
Series A Preferred Stock
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Distributions in Excess of Net Income [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Series A Preferred Stock
Total
Balance at Dec. 31, 2022   $ 175,000 $ 9 $ 4,658,570 $ (228,132) $ 23,551 $ 1,392   $ 4,630,390
Balance (in shares) at Dec. 31, 2022   7,000 90,173,424            
Issuance of common stock, net of issuance costs       195,133         195,133
Issuance of common stock, net of issuance costs (in shares)     2,945,000            
Repurchase of common shares       (2,607)         (2,607)
Repurchase of common shares (in shares)     (35,578)            
Issuance of stock under the Omnibus Incentive Plan (in shares)     128,993            
Forfeiture of restricted stock (in shares)     (13,760)            
Stock-based compensation       1,831         1,831
Series A preferred dividends declared for the period $ (1,859)             $ (1,859)  
Common stock dividends and distributions declared for the period         (65,939)   (250)   (66,189)
Amortization, changes in fair value and settlement of interest rate swaps           (627) (2)   (629)
Net income   $ 1,859     39,755   160   41,774
Balance at Mar. 31, 2023   $ 175,000 $ 9 4,852,927 (254,316) 22,924 1,300   4,797,844
Balance (in shares) at Mar. 31, 2023   7,000 93,198,079            
Balance at Dec. 31, 2022   $ 175,000 $ 9 4,658,570 (228,132) 23,551 1,392   4,630,390
Balance (in shares) at Dec. 31, 2022   7,000 90,173,424            
Net income                 124,446
Balance at Sep. 30, 2023   $ 175,000 $ 10 5,352,063 (316,083) 33,291 1,113   5,245,394
Balance (in shares) at Sep. 30, 2023   7,000 100,519,717            
Balance at Dec. 31, 2022   $ 175,000 $ 9 4,658,570 (228,132) 23,551 1,392   4,630,390
Balance (in shares) at Dec. 31, 2022   7,000 90,173,424            
Balance at Dec. 31, 2023   $ 175,000 $ 10 5,354,120 (346,473) 16,554 942   5,200,153
Balance (in shares) at Dec. 31, 2023   7,000 100,519,355            
Balance at Mar. 31, 2023   $ 175,000 $ 9 4,852,927 (254,316) 22,924 1,300   4,797,844
Balance (in shares) at Mar. 31, 2023   7,000 93,198,079            
Issuance of common stock, net of issuance costs     $ 1 205,104         205,105
Issuance of common stock, net of issuance costs (in shares)     3,070,997            
Repurchase of common shares       (8)         (8)
Repurchase of common shares (in shares)     (101)            
Issuance of stock under the Omnibus Incentive Plan (in shares)     373            
Forfeiture of restricted stock (in shares)     (12)            
Stock-based compensation       2,177         2,177
Series A preferred dividends declared for the period (1,859)             (1,859)  
Common stock dividends and distributions declared for the period         (68,688)   (252)   (68,940)
Amortization, changes in fair value and settlement of interest rate swaps           2,701 10   2,711
Net income   $ 1,859     39,009   147   41,015
Balance at Jun. 30, 2023   $ 175,000 $ 10 5,060,200 (283,995) 25,625 1,205   4,978,045
Balance (in shares) at Jun. 30, 2023   7,000 96,269,336            
Issuance of common stock, net of issuance costs       289,748         289,748
Issuance of common stock, net of issuance costs (in shares)     4,251,771            
Repurchase of common shares       (57)         (57)
Repurchase of common shares (in shares)     (990)            
Forfeiture of restricted stock       (3)         (3)
Forfeiture of restricted stock (in shares)     (400)            
Stock-based compensation       2,175         2,175
Series A preferred dividends declared for the period (1,859)             (1,859)  
Common stock dividends and distributions declared for the period         (71,751)   (254)   (72,005)
Amortization, changes in fair value and settlement of interest rate swaps           7,666 27   7,693
Net income   $ 1,859     39,663   135   41,657
Balance at Sep. 30, 2023   $ 175,000 $ 10 5,352,063 (316,083) 33,291 1,113   5,245,394
Balance (in shares) at Sep. 30, 2023   7,000 100,519,717            
Balance at Dec. 31, 2023   $ 175,000 $ 10 5,354,120 (346,473) 16,554 942   5,200,153
Balance (in shares) at Dec. 31, 2023   7,000 100,519,355            
Repurchase of common shares       (2,183)         (2,183)
Repurchase of common shares (in shares)     (37,957)            
Issuance of stock under the Omnibus Incentive Plan (in shares)     147,656            
Forfeiture of restricted stock (in shares)     (79,000)            
Stock-based compensation       2,425         2,425
Series A preferred dividends declared for the period (1,859)             (1,859)  
Common stock dividends and distributions declared for the period         (74,732)   (257)   (74,989)
Amortization, changes in fair value and settlement of interest rate swaps           10,876 38   10,914
Net income   $ 1,859     43,000   155   45,014
Balance at Mar. 31, 2024   $ 175,000 $ 10 5,354,362 (378,205) 27,430 878   5,179,475
Balance (in shares) at Mar. 31, 2024   7,000 100,628,975            
Balance at Dec. 31, 2023   $ 175,000 $ 10 5,354,120 (346,473) 16,554 942   5,200,153
Balance (in shares) at Dec. 31, 2023   7,000 100,519,355            
Net income                 144,455
Balance at Sep. 30, 2024   $ 175,000 $ 10 5,534,978 (434,485) 18,459 668   5,294,630
Balance (in shares) at Sep. 30, 2024   7,000 103,522,677            
Balance at Mar. 31, 2024   $ 175,000 $ 10 5,354,362 (378,205) 27,430 878   5,179,475
Balance (in shares) at Mar. 31, 2024   7,000 100,628,975            
Repurchase of common shares       (7)         (7)
Repurchase of common shares (in shares)     (126)            
Forfeiture of restricted stock       (17)         (17)
Forfeiture of restricted stock (in shares)     (4,225)            
Stock-based compensation       2,805         2,805
Series A preferred dividends declared for the period (1,859)             (1,859)  
Common stock dividends and distributions declared for the period         (75,469)   (260)   (75,729)
Amortization, changes in fair value and settlement of interest rate swaps           3,485 12   3,497
Net income   $ 1,859     52,865   189   54,913
Balance at Jun. 30, 2024   $ 175,000 $ 10 5,357,143 (400,809) 30,915 819   5,163,078
Balance (in shares) at Jun. 30, 2024   7,000 100,624,624            
Issuance of common stock, net of issuance costs       175,127         175,127
Issuance of common stock, net of issuance costs (in shares)     2,900,000            
Repurchase of common shares       (72)         (72)
Repurchase of common shares (in shares)     (993)            
Forfeiture of restricted stock       (8)         (8)
Forfeiture of restricted stock (in shares)     (954)            
Stock-based compensation       2,788         2,788
Series A preferred dividends declared for the period $ (1,859)             $ (1,859)  
Common stock dividends and distributions declared for the period         (76,192)   (261)   (76,453)
Amortization, changes in fair value and settlement of interest rate swaps           (12,456) (43)   (12,499)
Net income   $ 1,859     42,516   153   44,528
Balance at Sep. 30, 2024   $ 175,000 $ 10 $ 5,534,978 $ (434,485) $ 18,459 $ 668   $ 5,294,630
Balance (in shares) at Sep. 30, 2024   7,000 103,522,677