Stockholders' Equity of the Company (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of common stock sales under the at-the-market offering

The following table sets forth information regarding direct sales of our common stock under our at-the-market offering programs for the years ended December 31, 2018 and 2017:

	Year Ended December 31,
	2018		2017
	(in millions, except share data)
Shares of common stock sold during the period	1,817,195		235,077
Weighted average price per share of common stock	$	73.64	$	75.40
Aggregate gross proceeds	$	133.8	$	17.7
Aggregate net proceeds after selling commissions	$	132.1	$	17.5

Schedule of accrued dividends and distributions

The following tables summarize accrued dividends and distributions for the noted outstanding shares of common stock and noncontrolling units as of December 31, 2019 and 2018:

	December 31,
	2019		2018
	(in thousands)
Dividends and Distributions payable to:
Common stockholders	$	51,418	$	45,840
Noncontrolling common unitholders of the Operating Partnership	981		922
RSU holders (1)	820		797
Total accrued dividends and distribution to common stockholders and noncontrolling unitholders	$	53,219	$	47,559

______________________

(1)

The amount includes the value of the dividend equivalents that will be paid with additional RSUs (see Note 15 “Share-Based Compensation” for additional information).

Schedule of outstanding shares of common stock, preferred stock and noncontrolling units

	December 31,
	2019	2018
Outstanding Shares and Units:
Common stock (1)	106,016,287	100,746,988
Noncontrolling common units	2,023,287	2,025,287
RSUs (2)	1,651,905	1,711,628

______________________

(1) The amount includes nonvested shares.

(2)

The amount includes nonvested RSUs. Does not include 932,675 and 1,018,337 market measure-based RSUs because not all the necessary performance conditions have been met as of December 31, 2019 and 2018, respectively. Refer to Note 15 “Share-Based Compensation” for additional information.