Stockholders' Equity of the Company (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

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

The following table sets forth information regarding settlements of forward equity sale agreements under our at-the-market offering program for the year ended December 31, 2020:

	Year Ended December 31, 2020
	(in millions, except share and per share data)
Shares of common stock settled during the period	3,147,110
Weighted average price per share of common stock	$	80.08
Aggregate gross proceeds	$	252.0
Aggregate net proceeds after selling commissions	$	247.3

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

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

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, 2020 and 2019:

	December 31,
	2020		2019
	(in thousands)
Dividends and Distributions payable to:
Common stockholders	$	58,018	$	51,418
Noncontrolling common unitholders of the Operating Partnership	575		981
RSU holders (1)	838		820
Total accrued dividends and distribution to common stockholders and noncontrolling unitholders	$	59,431	$	53,219

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

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

	December 31,
	2020	2019
Outstanding Shares and Units:
Common stock (1)	116,035,827	106,016,287
Noncontrolling common units	1,150,574	2,023,287
RSUs (2)	1,638,026	1,651,905

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(1)The amount includes nonvested shares.

(2)The amount includes nonvested RSUs. Does not include 873,709 and 932,675 market measure-based RSUs because not all the necessary performance conditions have been met as of December 31, 2020 and 2019, respectively. Refer to Note 15 “Share-Based and Other Compensation” for additional information.