Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Summary of distribution of taxable income

The following reconciles dividends paid and dividends applied in 2020, 2019, and 2018 to meet REIT distribution requirements (in thousands):

	2020		2019		2018
Common and preferred dividends	$	176,272	$	142,940	$	107,167
Dividends treated as taxable compensation	(167)		(161)		(150)
Dividends applied to meet current year REIT distribution requirements	$	176,105	$	142,779	$	107,017

Summary of components of the taxability of the Company's dividends

The following summarizes the components of the taxability of the Company’s common stock distributions for the years ended December 31, 2020, 2019, and 2018:

	Total  Distributions Per Share		Ordinary Dividends		Long-Term Capital Gain		Unrecaptured Section 1250 Gain		Nondividend Distributions		Section 199A Dividends		Section 1061 One Year Amounts Disclosure (1)		Section 1061 Three Year Amounts Disclosure (1)
2020	$	1.190000	$	—	$	1.190000	$	0.417166	$	—	$	—	$	0.320351	$	0.320351
2019	$	1.130000	$	0.983133	$	0.146867	$	—	$	—	$	0.983133	$	—	$	—
2018	$	1.020000	$	1.005584	$	0.014416	$	—	$	—	$	1.005584	$	—	$	—

(1) Amounts included in Box 2a, Total Capital Gain Distributions, for purposes of section 1061 of the Internal Revenue Code. Section 1061 is generally applicable to direct and indirect holders of “applicable partnership interests."