v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Monthly Distributions Paid per Common Share The following is a summary of monthly distributions paid
per common share for the periods indicated below:
Six months ended June 30,
Month
2026
2025
January
$0.2700
$0.2640
February
0.2700
0.2640
March
0.2700
0.2680
April
0.2705
0.2685
May
0.2705
0.2685
June
0.2705
0.2685
Total
$1.6215
$1.6015
Schedule of Common Stock Issuances The following table outlines common stock issuances pursuant to our ATM programs (dollars in millions, shares in
thousands):
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Shares of common stock issued under the ATM
program (1)
13,655
11,150
13,655
22,381
Gross proceeds
$840.0
$628.7
$840.0
$1,260.7
Sales agents' commissions and other offering
expenses
(15.7)
(6.5)
(15.9)
(13.7)
Net proceeds
$824.3
$622.2
$824.1
$1,247.0
(1) During the three and six months ended June 30, 2026, 13.9 million and 22.1 million shares were sold, respectively. As of June 30, 2026, 21.1
million shares of common stock subject to forward sale confirmations have been executed, but not settled, at a weighted average initial gross
price of $60.14 per share. We currently expect to fully settle forward sale agreements outstanding by September 30, 2026, representing $1.2
billion in net proceeds, for which the weighted average forward price as of June 30, 2026 was $58.34 per share.
The following table outlines common stock issuances pursuant to our DRSPP program (dollars in millions, shares in
thousands):
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Shares of common stock issued under the
DRSPP program
48
50
99
107
Gross proceeds
$3.0
$2.8
$6.1
$5.9