Equity

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Equity

9.Equity

Common Share Dividend

	Three Months				Nine Months
	Ended September 30,				Ended September 30,
	2022		2021		2022		2021
Common share dividends declared per share	$	0.13	$	0.12	$	0.39	$	0.35

Common Shares Repurchased

In the third quarter of 2022, the Company repurchased 1.6 million of its common shares in open market transactions at an aggregate cost of $20.0 million, or $12.74 per share.

Common Shares Issued

On March 1, 2022, the Company settled 2.2 million common shares which were offered and sold on a forward basis in 2021 under its $250 million continuous equity program, resulting in gross proceeds of $35.1 million. In the second quarter of 2022, the Company sold 201,800 common shares at a weighted-average price of $16.03 per share before issuance costs resulting in gross proceeds of $3.2 million.