Quarterly report [Sections 13 or 15(d)]

Stockholders' Equity and Distributions (Tables)

v3.25.3
Stockholders' Equity and Distributions (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Common Stock Shares Issued and Sold
The Company issued and sold the following shares of common stock during the nine months ended September 30, 2025 and 2024:
(in millions, except per share data)
Nine Months Ended September 30, Number of Shares Issued Gross Proceeds Underwriting Fees/Offering Expenses Net Proceeds Average Price/Share
2025 10.4 $ 191.0  $ 2.2  $ 188.8  $ 18.24 
2024 3.7 $ 67.3  $ 1.0  $ 66.3  $ 17.83 
Schedule of Dividends Declared The following table summarizes the Company’s distributions declared during the nine months ended September 30, 2025 and year ended December 31, 2024:
(in thousands, except per share data)
Distribution Type Declared Date Record Date Payment Date Per Share Amount Total Amount
Base February 8, 2024 February 28, 2024 March 6, 2024 $ 0.40  $ 63,359 
Supplemental February 8, 2024 February 28, 2024 March 6, 2024 0.08  12,672 
Base April 25, 2024 May 14, 2024 May 21, 2024 0.40  64,912 
Supplemental April 25, 2024 May 14, 2024 May 21, 2024 0.08  12,982 
Base July 25, 2024 August 13, 2024 August 20, 2024 0.40  64,953 
Supplemental July 25, 2024 August 13, 2024 August 20, 2024 0.08  12,990 
Base October 24, 2024 November 13, 2024 November 20, 2024 0.40  66,980 
Supplemental October 24, 2024 November 13, 2024 November 20, 2024 0.08  13,396 
Total distributions declared during the year ended December 31, 2024 $ 1.92  $ 312,244 
Base February 6, 2025 February 26, 2025 March 5, 2025 $ 0.40  $ 69,263 
Supplemental February 6, 2025 February 26, 2025 March 5, 2025 0.07  12,121 
Base April 23, 2025 May 13, 2025 May 20, 2025 0.40  70,709 
Supplemental April 23, 2025 May 13, 2025 May 20, 2025 0.07  12,374 
Base July 24, 2025 August 12, 2025 August 19, 2025 0.40  72,671 
Supplemental July 24, 2025 August 12, 2025 August 19, 2025 0.07  12,717 
Total distributions declared during the nine months ended September 30, 2025 $ 1.41  $ 249,855