Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands |
Total |
Total Stockholder's Equity |
Common Stock |
Additional Paid-in Capital |
Retained Earnings/(Accumulated Deficit) |
Non-controlling Interest |
Common Stock |
Common Stock
Total Stockholder's Equity
|
Common Stock
Common Stock
|
Common Stock
Additional Paid-in Capital
|
Preferred Stock |
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock, Value, Outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
$ 331,958
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
90,678,492
|
|
90,678,492
|
|
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
|
$ 1,590,822
|
$ 1,570,476
|
$ 91
|
$ 1,613,540
|
$ (375,113)
|
$ 20,346
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest |
|
39,324
|
38,684
|
|
|
38,684
|
640
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
[1] |
|
|
|
|
|
|
|
|
3,750,388
|
|
|
|
| Stock Issued During Period, Value, New Issues |
[1] |
|
|
|
|
|
|
$ 50,825
|
$ 50,825
|
$ 3
|
|
$ 50,822
|
|
| Contributions from non-controlling interests |
|
5,569
|
|
|
|
|
5,569
|
|
|
|
|
|
|
| Dividends |
|
(36,232)
|
(35,852)
|
|
|
(35,852)
|
(380)
|
|
|
|
|
|
|
| Dividends, Preferred Stock, Cash |
|
(7,035)
|
(7,035)
|
|
|
(7,035)
|
|
|
|
|
|
|
|
| Distributions to non-controlling interests |
|
(6,076)
|
|
|
|
|
(6,076)
|
|
|
|
|
|
|
| Adjustment to non-controlling interests |
|
|
(3,249)
|
|
(3,249)
|
|
3,249
|
|
|
|
|
|
|
| Share-based long term incentive plan unit awards |
|
$ 419
|
415
|
|
415
|
|
4
|
|
|
|
|
|
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
94,428,880
|
|
94,428,880
|
|
|
|
|
|
|
|
|
|
| Ending balance at Mar. 31, 2025 |
|
$ 1,637,616
|
1,614,264
|
$ 94
|
1,661,528
|
(379,316)
|
23,352
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
90,678,492
|
|
90,678,492
|
|
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
|
$ 1,590,822
|
1,570,476
|
$ 91
|
1,613,540
|
(375,113)
|
20,346
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest |
|
$ 90,397
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
|
7,178,788
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends |
|
$ (74,328)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
97,891,157
|
|
97,891,157
|
|
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
|
$ 1,689,510
|
1,665,552
|
$ 98
|
1,707,544
|
(374,048)
|
23,958
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends declared (in usd per share) |
|
$ 0.78
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock Redemption Discount |
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock, Value, Outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
331,958
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
94,428,880
|
|
94,428,880
|
|
|
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
|
$ 1,637,616
|
1,614,264
|
$ 94
|
1,661,528
|
(379,316)
|
23,352
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest |
|
$ 51,073
|
49,959
|
|
|
49,959
|
1,114
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
|
3,428,400
|
|
|
|
|
|
|
|
3,428,400
|
[2] |
|
|
| Stock Issued During Period, Value, New Issues |
[2] |
|
|
|
|
|
|
44,520
|
44,520
|
$ 4
|
|
44,516
|
|
| Shares Issued As Payment of Incentive Fee |
|
|
|
|
|
|
|
444
|
444
|
$ 0
|
|
444
|
|
| Contributions from non-controlling interests |
|
$ 6,638
|
|
|
|
|
6,638
|
|
|
|
|
|
|
| Dividends |
|
(38,096)
|
(37,655)
|
|
|
(37,655)
|
(441)
|
|
|
|
|
|
|
| Dividends, Preferred Stock, Cash |
|
(7,036)
|
(7,036)
|
|
|
(7,036)
|
|
|
|
|
|
|
|
| Distributions to non-controlling interests |
|
(6,688)
|
|
|
|
|
(6,688)
|
|
|
|
|
|
|
| Adjustment to non-controlling interests |
|
|
28
|
|
28
|
|
(28)
|
|
|
|
|
|
|
| Share-based long term incentive plan unit awards |
|
$ 1,039
|
1,028
|
|
1,028
|
|
11
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
97,891,157
|
|
97,891,157
|
|
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
|
$ 1,689,510
|
1,665,552
|
$ 98
|
1,707,544
|
(374,048)
|
23,958
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends declared (in usd per share) |
|
$ 0.39
|
|
|
|
|
|
|
|
|
|
|
|
| Shares Issued As Payment of Incentive Fee, Shares |
|
|
|
|
|
|
|
|
|
33,877
|
|
|
|
| Preferred Stock Redemption Discount |
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock, Value, Outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
331,958
|
| Preferred Stock, Value, Outstanding |
|
$ 331,958
|
|
|
|
|
|
|
|
|
|
|
331,958
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
113,138,860
|
|
113,138,860
|
|
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
|
$ 1,871,155
|
1,834,259
|
$ 113
|
1,915,152
|
(412,964)
|
36,896
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest |
|
107,493
|
105,316
|
|
|
105,316
|
2,177
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
[1] |
|
|
|
|
|
|
|
|
11,510,163
|
|
|
|
| Stock Issued During Period, Value, New Issues |
[1] |
|
|
|
|
|
|
154,594
|
154,594
|
$ 12
|
|
154,582
|
|
| Contributions from non-controlling interests |
|
11,565
|
|
|
|
|
11,565
|
|
|
|
|
|
|
| Dividends |
|
(49,137)
|
(48,613)
|
|
|
(48,613)
|
(524)
|
|
|
|
|
|
|
| Dividends, Preferred Stock, Cash |
|
(5,883)
|
(5,883)
|
|
|
(5,883)
|
|
|
|
|
|
|
|
| Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests |
|
(17,880)
|
|
|
|
|
(17,880)
|
|
|
|
|
|
|
| Adjustment to non-controlling interests |
|
|
(5,607)
|
|
(5,607)
|
|
5,607
|
|
|
|
|
|
|
| Repurchase of shares of common stock |
|
(115,000)
|
(115,000)
|
|
|
(3,966)
|
|
|
|
|
|
|
111,034
|
| Share-based long term incentive plan unit awards |
|
$ 1,081
|
1,070
|
|
1,070
|
|
11
|
|
|
|
|
|
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
124,649,023
|
|
124,649,023
|
|
|
|
|
|
|
|
|
|
| Ending balance at Mar. 31, 2026 |
|
$ 1,957,988
|
1,920,136
|
$ 125
|
2,065,197
|
(366,110)
|
37,852
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
113,138,860
|
|
113,138,860
|
|
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
|
$ 1,871,155
|
1,834,259
|
$ 113
|
1,915,152
|
(412,964)
|
36,896
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest |
|
$ 165,528
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
|
14,292,521
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends |
|
$ (98,995)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
127,593,315
|
|
127,593,315
|
|
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
|
$ 1,999,436
|
1,966,152
|
$ 128
|
2,106,033
|
(360,933)
|
33,284
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends declared (in usd per share) |
|
$ 0.78
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock Redemption Discount |
|
$ 3,966
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock, Value, Outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
220,924
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
124,649,023
|
|
124,649,023
|
|
|
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2026 |
|
$ 1,957,988
|
1,920,136
|
$ 125
|
2,065,197
|
(366,110)
|
37,852
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest |
|
$ 58,035
|
58,608
|
|
|
58,608
|
(573)
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
|
2,782,358
|
|
|
|
|
|
|
|
2,782,358
|
[1] |
|
|
| Stock Issued During Period, Value, New Issues |
[1] |
|
|
|
|
|
|
37,433
|
37,433
|
$ 3
|
|
37,430
|
|
| Shares Issued As Payment of Incentive Fee |
|
|
|
|
|
|
|
$ 1,880
|
$ 1,880
|
$ 0
|
|
$ 1,880
|
|
| Contributions from non-controlling interests |
|
$ 1,477
|
|
|
|
|
1,477
|
|
|
|
|
|
|
| Dividends |
|
(49,858)
|
(49,226)
|
|
|
(49,226)
|
(632)
|
|
|
|
|
|
|
| Dividends, Preferred Stock, Cash |
|
(4,205)
|
(4,205)
|
|
|
(4,205)
|
|
|
|
|
|
|
|
| Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests |
|
(4,845)
|
|
|
|
|
(4,845)
|
|
|
|
|
|
|
| Adjustment to non-controlling interests |
|
|
14
|
|
14
|
|
(14)
|
|
|
|
|
|
|
| Share-based long term incentive plan unit awards |
|
$ 1,531
|
1,512
|
|
1,512
|
|
19
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
127,593,315
|
|
127,593,315
|
|
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
|
$ 1,999,436
|
$ 1,966,152
|
$ 128
|
$ 2,106,033
|
$ (360,933)
|
$ 33,284
|
|
|
|
|
|
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends declared (in usd per share) |
|
$ 0.39
|
|
|
|
|
|
|
|
|
|
|
|
| Shares Issued As Payment of Incentive Fee, Shares |
|
|
|
|
|
|
|
|
|
161,934
|
|
|
|
| Preferred Stock Redemption Discount |
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock, Value, Outstanding |
|
$ 220,924
|
|
|
|
|
|
|
|
|
|
|
$ 220,924
|
|
|