Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.20.4
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 Interest
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
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 $ 0 $ (25,826) $ 176,246 $ 4,807   $ 1                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Issuance of stock, net (in shares)                 3,626,076                 2,474,439    
Issuance of stock, net 3,275           3,275 $ 80,742 $ 4 $ 80,738   $ 80,742         $ 27,697 $ 2 $ 27,695 $ 27,697
Redemptions of preferred stock (in shares)                 (14,600)                      
Redemptions of preferred stock               $ (340) $ (340) (340)   (340)                
Redemptions of OP Units (in shares)   570,879                                    
Redemptions of OP Units 0 $ 1 4,714     4,715 (4,715)                          
Comprehensive loss attributable to the Company (390)     (390)   (390)                            
Net income 1,762       1,741 1,741 21                          
Dividends—Series B Preferred Stock and Series C Preferred Stock (4,240)       (4,240) (4,240)                            
Distributions—OP Units and common stock (10,589)       (10,460) (10,460) (129)                          
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   910     910 (910)                          
Ending balance, preferred stock (in shares) at Dec. 31, 2019               4,755,869 4,755,869       0              
Ending balance, common stock (in shares) at Dec. 31, 2019 20,936,658 20,936,658                                    
Ending 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         1,088,573       4,994,057    
Issuance of stock, net               $ 27,050 $ 1 27,049   27,050 $ 24,716 $ 1 $ 24,715 $ 24,716 $ 71,272 $ 5 $ 71,267 $ 71,272
Redemptions of preferred stock (in shares)                 (29,335)         (138)            
Redemptions of preferred stock               $ (681) $ (681) $ (637) $ (44) $ (681) $ (3) $ (3) $ (3) $ (3)        
Redemptions of OP Units (in shares)   288,304                                    
Redemptions of OP Units 0   4,383     4,383 (4,383)                          
Comprehensive loss attributable to the Company (1,110)     (1,110)   (1,110)                            
Net income 4,955       4,926 4,926 29                          
Dividends—Series B Preferred Stock and Series C Preferred Stock (9,278)       (9,278) (9,278)                            
Distributions—OP Units and common stock (12,101)       (12,032) (12,032) (69)                          
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   (2,074)     (2,074) 2,074                          
Ending balance, preferred stock (in shares) at Dec. 31, 2020               5,956,065 5,956,065       1,088,435 1,088,435            
Ending balance, common stock (in shares) at Dec. 31, 2020 26,219,019 26,219,019                                    
Ending balance at Dec. 31, 2020 $ 383,790 $ 26 $ 440,470 $ (1,500) $ (55,213) $ 383,790 $ 0   $ 6         $ 1