v3.25.2
EQUITY (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Company's Activity Under the At-The-Market Program

The following tables present the Company’s activity under its ATM programs:

 

Three Months Ended June 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Gross Wtd Avg Sales Price

 

 

Net Wtd Avg Sales Price

 

 

Net Proceeds (1)
($ in thousands)

 

Executed forward sale agreements

 

841,556

 

 

$

28.08

 

 

n/a

 

 

n/a

 

Physically settled forward sale agreements

 

2,241,232

 

 

$

28.21

 

 

$

27.66

 

 

$

61,993

 

Total shares sold and issued under the ATM programs

 

2,241,232

 

 

$

28.21

 

 

$

27.66

 

 

$

61,993

 
(1)
Net proceeds, after sales commissions and offering expenses

 

Six Months Ended June 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Gross Wtd Avg Sales Price

 

 

Net Wtd Avg Sales Price

 

 

Net Proceeds (1)
($ in thousands)

 

Executed forward sale agreements

 

6,108,008

 

 

$

28.27

 

 

n/a

 

 

n/a

 

Physically settled forward sale agreements

 

2,241,232

 

 

$

28.21

 

 

$

27.66

 

 

$

61,993

 

Total shares sold and issued under the ATM programs

 

2,241,232

 

 

$

28.21

 

 

$

27.66

 

 

$

61,993

 
(1)
Net proceeds, after sales commissions and offering expenses

 

Three Months Ended June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Gross Wtd Avg Sales Price

 

 

Net Wtd Avg Sales Price

 

 

Net Proceeds (1)
($ in thousands)

 

Executed forward sale agreements

 

—

 

 

$

—

 

 

n/a

 

 

n/a

 

Physically settled forward sale agreements

 

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Total shares sold and issued under the ATM programs

 

99,656

 

 

$

25.14

 

 

$

23.93

 

 

$

2,385

 
(1)
Net proceeds, after sales commissions and offering expenses

 

Six Months Ended June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Gross Wtd Avg Sales Price

 

 

Net Wtd Avg Sales Price

 

 

Net Proceeds (1)
($ in thousands)

 

Executed forward sale agreements

 

—

 

 

$

—

 

 

n/a

 

 

n/a

 

Physically settled forward sale agreements

 

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Total shares sold and issued under the ATM programs

 

380,570

 

 

$

25.33

 

 

$

24.39

 

 

$

9,283

 
(1)
Net proceeds, after sales commissions and offering expenses
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted net earnings per common share.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands except for shares and per share data)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Average common shares outstanding – basic

 

 

100,820,074

 

 

 

91,807,764

 

 

 

100,267,510

 

 

 

91,763,619

 

Net effect of dilutive equity awards

 

 

348,157

 

 

 

186,298

 

 

 

363,707

 

 

 

212,663

 

Average common shares outstanding – diluted

 

 

101,168,231

 

 

 

91,994,062

 

 

 

100,631,217

 

 

 

91,976,282

 

Net income available to common shareholders

 

$

27,924

 

 

$

24,672

 

 

$

54,080

 

 

$

48,716

 

Basic net earnings per share

 

$

0.28

 

 

$

0.27

 

 

$

0.54

 

 

$

0.53

 

Diluted net earnings per share

 

$

0.28

 

 

$

0.27

 

 

$

0.54

 

 

$

0.53