Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Dividends Declared

The following table lists the regular dividends declared and paid by the Company during the years ended December 31, 2022, 2021 and 2020:

Declaration Date	Shareholder Record Date	Securities Class	Dividend Per Share		Period Covered	Distribution Date	Dividend Amount (1) (2)
							(in thousands)
2022
February 24, 2022	March 11, 2022	Common Stock	$	0.69	First Quarter 2022	March 25, 2022	$	170,805
May 9, 2022	June 10, 2022	Common Stock	$	0.705	Second Quarter 2022	June 24, 2022	$	174,519
August 31, 2022	September 16, 2022	Common Stock	$	0.705	Third Quarter 2022	September 30, 2022	$	181,549
November 23, 2022	December 9, 2022	Common Stock	$	0.705	Fourth Quarter 2022	December 23, 2022	$	183,813
2021
February 22, 2021	March 9, 2021	Common Stock	$	0.65	First Quarter 2021	March 23, 2021	$	151,308
May 20, 2021	June 11, 2021	Common Stock	$	0.67	Second Quarter 2021	June 25, 2021	$	156,876
August 27, 2021	September 10, 2021	Common Stock	$	0.67	Third Quarter 2021	September 24, 2021	$	159,426
November 29, 2021	December 9, 2021	Common Stock	$	0.67	Fourth Quarter 2021	December 23, 2021	$	165,628
December 17, 2021	December 27, 2021	Common Stock	$	0.24	Fourth Quarter 2021	January 7, 2022	$	59,330
2020
February 20, 2020	March 6, 2020	Common Stock	$	0.70	First Quarter 2020	March 20, 2020	$	150,574
April 29, 2020	May 13, 2020	Common Stock	$	0.60	Second Quarter 2020	June 26, 2020	$	129,071
August 6, 2020	August 17, 2020	Common Stock	$	0.60	Third Quarter 2020	September 25, 2020	$	130,697
November 5, 2020	November 16, 2020	Common Stock	$	0.60	Fourth Quarter 2020	December 24, 2020	$	137,943

Dividends Classification

A summary of the Company's taxable common stock distributions for the years ended December 31, 2022, 2021 and 2020 is as follows (unaudited):

	Year Ended December 31,
	2022			2021			2020
	(in dollars per share)
Qualified dividends	$	—		$	0.22552		$	—
Non-qualified dividends	2.5686			2.58944			2.4517
Capital gains	0.2773			0.01199			0.0025
Non-taxable return of capital	—			0.03215			0.0458
Total distributions per common share (1)	$	2.85		$	2.86		$	2.50
Percentage classified as qualified dividends	—		%	7.89		%	—		%
Percentage classified as non-qualified dividends	90.26		%	90.57		%	98.07		%
Percentage classified as capital gains	9.74		%	0.42		%	0.10		%
Percentage classified as non-taxable return of capital	—		%	1.12		%	1.83		%
	100.00		%	100.00		%	100.00		%

(1) A portion of the $0.24 dividend declared on December 27, 2021 and paid on January 7, 2022 is treated as a 2022 distribution and a portion is treated as a 2021 distribution for federal income tax purposes.