v3.26.3
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Capital in Excess of Par Value
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Balances at Dec. 31, 2024 $ 4,362,275 $ 1,877 $ 5,197,644 $ (829,287) $ (7,959)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 293,826     293,826  
Dividends declared and paid:          
Common stock dividends declared and paid (327,868)     (329,710)  
Common stock dividends declared and paid   1 1,841    
Issuance of common stock:          
Director compensation 802   802    
Stock purchase plan 168   168    
ATM equity program 81,243 19 81,224    
Restricted shares, net of forfeitures   4 (4)    
Stock issuance costs (1,529)   (1,529)    
Amortization of deferred compensation 10,446   10,446    
Amortization of interest rate hedges 1,409       1,409
Fair value of forward starting swap (409)       (409)
Balances at Sep. 30, 2025 4,420,363 1,901 5,290,592 (865,171) (6,959)
Balances at Jun. 30, 2025 4,362,405 1,884 5,217,161 (849,201) (7,439)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 96,839     96,839  
Dividends declared and paid:          
Common stock dividends declared and paid (112,210)     (112,809)  
Common stock dividends declared and paid     599    
Issuance of common stock:          
Director compensation 267   267    
Stock purchase plan 48   48    
ATM equity program 71,013 17 70,996    
Stock issuance costs (1,277)   (1,277)    
Amortization of deferred compensation 2,798   2,798    
Amortization of interest rate hedges 480       480
Fair value of forward starting swap 0       0
Balances at Sep. 30, 2025 4,420,363 1,901 5,290,592 (865,171) (6,959)
Balances at Dec. 31, 2025 4,408,302 1,901 5,295,434 (882,712) (6,321)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 301,803     301,803  
Dividends declared and paid:          
Common stock dividends declared and paid (343,724)     (345,574)  
Common stock dividends declared and paid     1,850    
Issuance of common stock:          
Director compensation 760   760    
Stock purchase plan 142   142    
ATM equity program 165,541 37 165,504    
Restricted shares, net of forfeitures   3 (3)    
Stock issuance costs (3,382)   (3,382)    
Amortization of deferred compensation 10,101   10,101    
Amortization of interest rate hedges 229       229
Fair value of forward starting swap 11,613       11,613
Balances at Sep. 30, 2026 4,551,385 1,941 5,470,406 (926,483) 5,521
Balances at Jun. 30, 2026 4,460,736 1,921 5,377,445 (917,959) (671)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 109,928     109,928  
Dividends declared and paid:          
Common stock dividends declared and paid (117,846)     (118,452)  
Common stock dividends declared and paid     606    
Issuance of common stock:          
Director compensation 265   265    
Stock purchase plan 49   49    
ATM equity program 90,924 20 90,904    
Stock issuance costs (2,044)   (2,044)    
Amortization of deferred compensation 3,181   3,181    
Amortization of interest rate hedges 75       75
Fair value of forward starting swap 6,117       6,117
Balances at Sep. 30, 2026 $ 4,551,385 $ 1,941 $ 5,470,406 $ (926,483) $ 5,521