Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Net Assets

v3.22.2.2
Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at beginning of period (in shares)     70,700,885       70,700,885  
Balance at beginning of period $ 1,865,163 $ 1,873,654 $ 1,788,846 $ 1,604,841 $ 1,540,164 $ 1,514,767 $ 1,788,846 $ 1,514,767
Public offering of common stock, net of offering costs 105,349 25,633 63,522 31,820 9,398 3,628    
Share‑based compensation 3,617 3,596 2,818 2,869 2,759 2,333    
Purchases of vested stock for employee payroll tax withholding (48) (4,895)   (575) (4,465) (7)    
Dividend reinvestment (in shares)             410,415 293,647
Dividend reinvestment 6,557 5,000 4,813 3,985 3,756 3,699 $ 16,400 $ 11,400
Amortization of directors’ deferred compensation 121 130 147 147 163 195    
Issuance of restricted stock, net of forfeited shares   0     0      
Dividends to stockholders (56,677) (52,704) (51,695) (42,736) (42,044) (41,797)    
Net increase resulting from operations $ 55,338 14,749 65,203 83,956 95,110 57,346 $ 135,287 236,413
Balance at ending of period (in shares) 76,155,807           76,155,807  
Balance at ending of period $ 1,979,420 $ 1,865,163 $ 1,873,654 $ 1,684,307 $ 1,604,841 $ 1,540,164 $ 1,979,420 $ 1,684,307
Common Stock                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at beginning of period (in shares) 73,517,558 72,370,407 70,737,021 68,531,789 68,000,898 67,762,032 70,737,021 67,762,032
Balance at beginning of period $ 735 $ 723 $ 707 $ 685 $ 680 $ 677 $ 707 $ 677
Public offering of common stock, net of offering costs (in shares) 2,618,225 662,828 1,502,430 772,274 231,795 117,388    
Public offering of common stock, net of offering costs $ 26 $ 7 $ 15 $ 8 $ 2 $ 2    
Purchase of vested stock for employee payroll tax withholding (in shares) (1,106) (115,071)   (13,818) (114,357) (180)    
Purchases of vested stock for employee payroll tax withholding   $ (1)     $ (1)      
Dividend reinvestment (in shares) 164,216 132,156 114,043 95,364 91,632 106,651    
Dividend reinvestment $ 2 $ 1 $ 1 $ 1 $ 1 $ 1    
Issuance of restricted stock, net of forfeited shares (in shares) 9,937 467,238 16,913 23,036 321,821 15,007    
Issuance of restricted stock, net of forfeited shares   $ 5     $ 3      
Balance at ending of period (in shares) 76,308,830 73,517,558 72,370,407 69,408,645 68,531,789 68,000,898 76,308,830 69,408,645
Balance at ending of period $ 763 $ 735 $ 723 $ 694 $ 685 $ 680 $ 763 $ 694
Additional Paid-In Capital                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at beginning of period 1,837,305 1,807,739 1,736,346 1,637,583 1,625,881 1,615,940 1,736,346 1,615,940
Public offering of common stock, net of offering costs 105,323 25,626 63,507 31,812 9,396 3,626    
Share‑based compensation 3,617 3,596 2,818 2,869 2,759 2,333    
Purchases of vested stock for employee payroll tax withholding (48) (4,894)   (575) (4,464) (7)    
Dividend reinvestment 6,555 4,999 4,812 3,984 3,755 3,698    
Amortization of directors’ deferred compensation 121 130 147 147 163 195    
Issuance of restricted stock, net of forfeited shares   (5)     (3)      
Dividends to stockholders 119 114 109 97 96 96    
Balance at ending of period 1,952,992 1,837,305 1,807,739 1,675,917 1,637,583 1,625,881 1,952,992 1,675,917
Total Undistributed (Overdistributed) Earnings                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at beginning of period 27,123 65,192 51,793 (33,427) (86,397) (101,850) 51,793 (101,850)
Dividends to stockholders (56,796) (52,818) (51,804) (42,833) (42,140) (41,893)    
Net increase resulting from operations 55,338 14,749 65,203 83,956 95,110 57,346    
Balance at ending of period $ 25,665 $ 27,123 $ 65,192 $ 7,696 $ (33,427) $ (86,397) $ 25,665 $ 7,696