Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.21.2
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in  Capital
Distributions in Excess of Accumulated Earnings
Accumulated Other Comprehensive Loss
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
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, 2019                 4,755,869       0            
Beginning balance, common stock (in shares) at Dec. 31, 2019   20,936,658                                  
Beginning balance at Dec. 31, 2019 $ 278,970 $ 21 $ 315,770 $ (38,785) $ (390) $ 276,621 $ 2,349   $ 5       $ 0            
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) 12,918 144,152                                  
Redemption of Series B Preferred Stock $ 0   2,092     2,092   (309)   (309) (309)                
Redemption of OP Units             (2,092)                        
Net income 3,283     3,244   3,244 39                        
Dividends—Preferred Stock (4,388)     (4,388)   (4,388)                          
Distributions—OP Units and common stock (5,792)     (5,724)   (5,724) (68)                        
Comprehensive loss attributable to the Company (1,426)       (1,426) (1,426)                          
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       130,702            
Ending balance, common stock (in shares) at Jun. 30, 2020   21,534,739                                  
Ending balance at Jun. 30, 2020 306,383 $ 22 352,677 (45,653) (1,816) 305,236 1,147   $ 6       $ 0            
Beginning balance, preferred stock (in shares) at Mar. 31, 2020                 5,977,647       0            
Beginning balance, common stock (in shares) at Mar. 31, 2020   21,346,458                                  
Beginning balance at Mar. 31, 2020 $ 308,055 $ 21 348,020 (40,701) (1,647) 305,699 2,356   $ 6       $ 0            
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) 5,165 144,152                                  
Redemption of Series B Preferred Stock $ 0   2,092     2,092   $ (124)   $ (124) $ (124)                
Redemption of OP Units             (2,092)                        
Net income 182     184   184 (2)                        
Dividends—Preferred Stock (2,262)     (2,262)   (2,262)                          
Distributions—OP Units and common stock (2,904)     (2,874)   (2,874) (30)                        
Comprehensive loss attributable to the Company (169)       (169) (169)                          
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       130,702            
Ending balance, common stock (in shares) at Jun. 30, 2020   21,534,739                                  
Ending balance at Jun. 30, 2020 $ 306,383 $ 22 352,677 (45,653) (1,816) 305,236 1,147   $ 6       $ 0            
Beginning balance, preferred stock (in shares) at Dec. 31, 2020               5,956,065 5,956,065     1,088,435 1,088,435            
Beginning balance, common stock (in shares) at Dec. 31, 2020 26,219,019 26,219,019                                  
Beginning balance at Dec. 31, 2020 $ 383,790 $ 26 440,470 (55,213) (1,500) 383,790 0   $ 6       $ 1            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Issuance of stock, net (in shares)                         941,020       4,259,045    
Issuance of stock, net                       $ 21,365 $ 1 21,364 21,365 85,390 $ 4 85,386 85,390
Issuance of OP Units as consideration in real estate acquisitions, net 3,970           3,970                        
Net income 23     23   23                          
Dividends—Preferred Stock (5,702)     (5,702)   (5,702)                          
Distributions—OP Units and common stock (7,678)     (7,641)   (7,641) (37)                        
Comprehensive loss attributable to the Company 156       156 156                          
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   1,903     1,903 (1,903)                        
Ending balance, preferred stock (in shares) at Jun. 30, 2021               5,956,065 5,956,065     2,029,455 2,029,455            
Ending balance, common stock (in shares) at Jun. 30, 2021 30,478,064 30,478,064                                  
Ending balance at Jun. 30, 2021 $ 481,314 $ 30 549,123 (68,533) (1,344) 479,284 2,030   $ 6       $ 2            
Beginning balance, preferred stock (in shares) at Mar. 31, 2021                 5,956,065       1,624,113            
Beginning balance, common stock (in shares) at Mar. 31, 2021   27,531,951                                  
Beginning balance at Mar. 31, 2021 417,667 $ 27 476,996 (61,066) (133) 415,832 1,835   $ 6       $ 2            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Issuance of stock, net (in shares)                         405,342       2,946,113    
Issuance of stock, net                       $ 9,194   $ 9,194 $ 9,194 $ 63,160 $ 3 $ 63,157 $ 63,160
Net income (531)     (530)   (530) (1)                        
Dividends—Preferred Stock (2,939)     (2,939)   (2,939)                          
Distributions—OP Units and common stock (4,026)     (3,998)   (3,998) (28)                        
Comprehensive loss attributable to the Company (1,211)       (1,211) (1,211)                          
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   (224)     (224) 224                        
Ending balance, preferred stock (in shares) at Jun. 30, 2021               5,956,065 5,956,065     2,029,455 2,029,455            
Ending balance, common stock (in shares) at Jun. 30, 2021 30,478,064 30,478,064                                  
Ending balance at Jun. 30, 2021 $ 481,314 $ 30 $ 549,123 $ (68,533) $ (1,344) $ 479,284 $ 2,030   $ 6       $ 2