COMMON STOCK |
6 Months Ended |
---|---|
Jun. 30, 2024 | |
Equity [Abstract] | |
COMMON STOCK | COMMON STOCK Main Street maintains a program with certain selling agents through which it can sell up to 15,000,000 shares of its common stock by means of at-the-market offerings from time to time (the “ATM Program”). During the six months ended June 30, 2024, Main Street sold 998,349 shares of its common stock at a weighted-average price of $48.46 per share and raised $48.4 million of gross proceeds under the ATM Program. Net proceeds were $47.7 million after commissions to the selling agents on shares sold and offering costs. As of June 30, 2024, there were no share sales transactions that had not settled. As of June 30, 2024, 4,314,875 shares remained available for sale under the ATM Program.
During the year ended December 31, 2023, Main Street sold 5,149,460 shares of its common stock at a weighted-average price of $39.94 per share and raised $205.7 million of gross proceeds under the ATM Program. Net proceeds were $203.3 million after commissions to the selling agents on shares sold and offering costs.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|