v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2023   91,617,477        
Beginning balance at Dec. 31, 2023 $ 1,259,863 $ 9 $ 1,261,940 $ (26,276) $ 21,977 $ 2,213
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 48,776     48,716   60
Other comprehensive income (loss) 5,666       5,659 7
ATM proceeds, net of issuance costs (in shares)   380,570        
ATM proceeds, net of issuance costs 9,283   9,283      
Dividends and distributions to equity holders (63,430)     (63,351)   (79)
Stock-based compensation, net (in shares)   104,155        
Stock-based compensation, net 1,254   1,254      
Ending balance (in shares) at Jun. 30, 2024   92,102,202        
Ending balance at Jun. 30, 2024 1,261,412 $ 9 1,272,477 (40,911) 27,636 2,201
Beginning balance (in shares) at Mar. 31, 2024   91,989,203        
Beginning balance at Mar. 31, 2024 1,264,230 $ 9 1,268,361 (33,888) 27,538 2,210
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 24,702     24,672   30
Other comprehensive income (loss) 98       98 0
ATM proceeds, net of issuance costs (in shares)   99,656        
ATM proceeds, net of issuance costs 2,385   2,385      
Dividends and distributions to equity holders (31,734)     (31,695)   (39)
Stock-based compensation, net (in shares)   13,343        
Stock-based compensation, net 1,731   1,731      
Ending balance (in shares) at Jun. 30, 2024   92,102,202        
Ending balance at Jun. 30, 2024 $ 1,261,412 $ 9 1,272,477 (40,911) 27,636 2,201
Beginning balance (in shares) at Dec. 31, 2024 99,825,119 99,825,119        
Beginning balance at Dec. 31, 2024 $ 1,450,790 $ 10 1,482,698 (57,729) 23,633 2,178
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 54,141     54,080   61
Other comprehensive income (loss) (13,863)       (13,847) (16)
ATM proceeds, net of issuance costs (in shares)   2,241,232        
ATM proceeds, net of issuance costs 61,993   61,993      
Dividends and distributions to equity holders (71,700)     (71,619)   (81)
Stock-based compensation, net (in shares)   164,433        
Stock-based compensation, net $ 1,581   1,581      
Ending balance (in shares) at Jun. 30, 2025 102,230,784 102,230,784        
Ending balance at Jun. 30, 2025 $ 1,482,942 $ 10 1,546,272 (75,268) 9,786 2,142
Beginning balance (in shares) at Mar. 31, 2025   99,972,006        
Beginning balance at Mar. 31, 2025 1,432,837 $ 10 1,482,278 (66,982) 15,374 2,157
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 27,955     27,924   31
Other comprehensive income (loss) (5,594)       (5,588) (6)
ATM proceeds, net of issuance costs (in shares)   2,241,232        
ATM proceeds, net of issuance costs 61,993   61,993      
Dividends and distributions to equity holders (36,250)     (36,210)   (40)
Stock-based compensation, net (in shares)   17,546        
Stock-based compensation, net $ 2,001   2,001      
Ending balance (in shares) at Jun. 30, 2025 102,230,784 102,230,784        
Ending balance at Jun. 30, 2025 $ 1,482,942 $ 10 $ 1,546,272 $ (75,268) $ 9,786 $ 2,142