Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.20.2
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Distributions in Excess of Accumulated Earnings
Total Stockholders’ Equity
Non- Controlling Interests
Series B Preferred Stock
Series B Preferred Stock
Preferred Stock
Series B Preferred Stock
Additional Paid-in Capital
Series B Preferred Stock
Distributions in Excess of Accumulated Earnings
Series B Preferred Stock
Total Stockholders’ Equity
Series C Preferred Stock
Series C Preferred Stock
Preferred Stock
Series C Preferred Stock
Additional Paid-in Capital
Series C Preferred Stock
Distributions in Excess of Accumulated Earnings
Series C Preferred Stock
Total Stockholders’ Equity
Common Stock
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
Common Stock
Total Stockholders’ Equity
Beginning balance, preferred stock (in shares) at Dec. 31, 2018                 1,144,393                        
Beginning balance, common stock (in shares) at Dec. 31, 2018   17,891,340                                      
Beginning balance at Dec. 31, 2018 $ 181,053 $ 18 $ 202,053   $ (25,826) $ 176,246 $ 4,807   $ 1                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of stock, net (in shares)                 1,499,075                   2,070,551    
Issuance of stock, net               $ 33,460 $ 2 $ 33,458   $ 33,460           $ 23,149 $ 2 $ 23,147 $ 23,149
Redemptions of Series B Preferred Stock (in shares)                 (7,400)                        
Redemptions of Series B Preferred Stock               (166) $ (166) (166)   (166)                  
Redemption of OP Units (in shares)   570,879                                      
Redemptions of OP Units 0 $ 1 4,714     4,715 (4,715)                            
Net income 282       279 279 3                            
Dividends—Preferred Stock               (1,494)     $ (1,494) (1,494)                  
Distributions—OP Units and common stock (4,930)       (4,878) (4,878) (52)                            
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership 0   43     43 (43)                            
Ending balance, preferred stock (in shares) at Jun. 30, 2019                 2,636,068                        
Ending balance, common stock (in shares) at Jun. 30, 2019   20,532,770                                      
Ending balance at Jun. 30, 2019 231,354 $ 21 263,249   (31,919) 231,354 0   $ 3                        
Beginning balance, preferred stock (in shares) at Mar. 31, 2019                 1,891,709                        
Beginning balance, common stock (in shares) at Mar. 31, 2019   18,462,219                                      
Beginning balance at Mar. 31, 2019 194,769 $ 18 223,480   (28,731) 194,769     $ 2                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of stock, net (in shares)                 751,159                   2,070,551    
Issuance of stock, net               16,756 $ 1 16,755   16,756           23,170 $ 3 23,167 23,170
Redemptions of Series B Preferred Stock (in shares)                 (6,800)                        
Redemptions of Series B Preferred Stock               (153) $ (153) (153)   (153)                  
Net income 174       174 174                              
Dividends—Preferred Stock               $ (893)     (893) (893)                  
Distributions—OP Units and common stock (2,469)       (2,469) (2,469)                              
Ending balance, preferred stock (in shares) at Jun. 30, 2019                 2,636,068                        
Ending balance, common stock (in shares) at Jun. 30, 2019   20,532,770                                      
Ending balance at Jun. 30, 2019 $ 231,354 $ 21 263,249   (31,919) 231,354 0   $ 3                        
Beginning balance, preferred stock (in shares) at Dec. 31, 2019               4,755,869 4,755,869       0                
Beginning balance, common stock (in shares) at Dec. 31, 2019 20,936,658 20,936,658                                      
Beginning balance at Dec. 31, 2019 $ 278,970 $ 21 315,770 $ (390) (38,785) 276,621 2,349   $ 5                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of stock, net (in shares)                 1,229,531         130,702         453,929    
Issuance of stock, net               $ 27,050 $ 1 27,049   27,050 $ 2,963   $ 2,963   $ 2,963 6,032 $ 1 6,031 6,032
Redemptions of Series B Preferred Stock (in shares)                 (12,918)                        
Redemptions of Series B Preferred Stock               (309) $ (309) (309)   (309)                  
Redemption of OP Units (in shares)   144,152                                      
Redemptions of OP Units 0 $ 0 2,092     2,092 (2,092)                            
Comprehensive loss attributable to the Company (1,426)     (1,426)   (1,426)                              
Net income 3,283       3,244 3,244 39                            
Dividends—Preferred Stock               $ (4,367)     (4,367) (4,367) $ (21)     $ (21) (21)        
Distributions—OP Units and common stock (5,792)       (5,724) (5,724) (68)                            
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   (919)     (919) 919                            
Ending balance, preferred stock (in shares) at Jun. 30, 2020               5,972,482 5,972,482       130,702 130,702              
Ending balance, common stock (in shares) at Jun. 30, 2020 21,534,739 21,534,739                                      
Ending balance at Jun. 30, 2020 $ 306,383 $ 22 352,677 (1,816) (45,653) 305,236 1,147   $ 6         $ 0              
Beginning balance, preferred stock (in shares) at Mar. 31, 2020                 5,977,647                        
Beginning balance, common stock (in shares) at Mar. 31, 2020   21,346,458                                      
Beginning balance at Mar. 31, 2020 308,055 $ 21 348,020 (1,647) (40,701) 305,699 2,356   $ 6                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of stock, net (in shares)                           130,702         44,129    
Issuance of stock, net               $ (66)   (66)   (66) $ 2,963   $ 2,963   2,963 $ 708 $ 1 $ 707 $ 708
Redemptions of Series B Preferred Stock (in shares)                 (5,165)                        
Redemptions of Series B Preferred Stock               (124) $ (123) $ (124)   (124)                  
Redemption of OP Units (in shares)   144,152                                      
Redemptions of OP Units 0   2,092     2,092 (2,092)                            
Comprehensive loss attributable to the Company (169)     (169)   (169)                              
Net income 182       184 184 (2)                            
Dividends—Preferred Stock               $ (2,241)     $ (2,241) $ (2,241) $ (21)     $ (21) $ (21)        
Distributions—OP Units and common stock (2,904)       (2,874) (2,874) (30)                            
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   (915)     (915) 915                            
Ending balance, preferred stock (in shares) at Jun. 30, 2020               5,972,482 5,972,482       130,702 130,702              
Ending balance, common stock (in shares) at Jun. 30, 2020 21,534,739 21,534,739                                      
Ending balance at Jun. 30, 2020 $ 306,383 $ 22 $ 352,677 $ (1,816) $ (45,653) $ 305,236 $ 1,147   $ 6         $ 0