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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Distribution of Taxable Income The following reconciles dividends paid and dividends applied in 2023, 2022, and 2021 to meet REIT distribution requirements ($ in thousands):
202320222021
Common dividends$194,144 $192,275 $182,839 
Dividends treated as taxable compensation to employees(308)(231)(192)
Dividends in excess of current year REIT distribution requirements(39,933)— — 
Dividends applied to meet current year REIT distribution requirements$153,903 $192,044 $182,647 
Schedule 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, 2023, 2022, and 2021:
Total 
Distributions
Per Share
Ordinary
Dividends
Long-Term
Capital Gain
Non Dividend DistributionsUnrecaptured
Section 1250
Gain
Section 199A DividendsSection 1061 One Year Amounts Disclosure (1)Section 1061 Three Year Amounts Disclosure (1)
2023$1.280000 $1.008002 $0.008302 $0.263696 $— $1.008002 $0.008302 $0.008302 
2022$1.270000 $0.880788 $0.389212 $— $0.045470 $0.880788 $0.389212 $0.389212 
2021$1.230000 $1.230000 $— $— $— $1.230000 $— $— 
(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."