Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.24.3
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-in  Capital
Distributions in Excess of Accumulated Earnings
Accumulated Other Comprehensive Income
Non- Controlling Interests
Series B Preferred Stock
Series B Preferred Stock
Total Stockholders’ Equity
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 C Preferred Stock
Series C Preferred Stock
Total Stockholders’ Equity
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 E Preferred Stock
Series E Preferred Stock
Total Stockholders’ Equity
Series E Preferred Stock
Preferred Stock
Series E Preferred Stock
Additional Paid-in  Capital
Beginning balance, preferred stock (in shares) at Dec. 31, 2022                   5,956,065         10,191,353         0  
Beginning balance at Dec. 31, 2022 $ 731,362 $ 731,362 $ 35 $ 836,674 $ (114,370) $ 9,007 $ 0     $ 6         $ 10         $ 0  
Beginning balance, common stock (in shares) at Dec. 31, 2022     35,050,397                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Redemptions of preferred stock, net (in shares)                             (48,913)         (1,600)  
Redemptions of preferred stock, net                         $ (1,156) $ (1,156) $ (1,200) $ (1,110) $ (46) $ (36) $ (36)   $ (36)
Issuance of stock, net (in shares)     788,045                       14,069         223,081  
Issuance of stock, net 15,080 15,080 $ 1 15,079                 $ 298 298   298   4,986 4,986   4,986
Net income 12,746 12,746     12,746                                
Dividends—cumulative redeemable preferred stock (18,257) (18,257)     (18,257)                                
Distributions—OP Units and common stock (14,801) (14,801)     (14,801)                                
Comprehensive income (loss) attributable to the Company 1,264 1,264       1,264                              
Ending balance, preferred stock (in shares) at Sep. 30, 2023                   5,956,065         10,156,509         221,481  
Ending balance at Sep. 30, 2023 731,486 731,486 $ 36 855,891 (134,728) 10,271 0     $ 6         $ 10         $ 0  
Ending balance, common stock (in shares) at Sep. 30, 2023     35,838,442                                    
Beginning balance, preferred stock (in shares) at Jun. 30, 2023                   5,956,065         10,156,509         135,409  
Beginning balance at Jun. 30, 2023 734,934 734,934 $ 36 852,967 (126,799) 8,714 0     $ 6         $ 10         $ 0  
Beginning balance, common stock (in shares) at Jun. 30, 2023     35,780,082                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Redemptions of preferred stock, net (in shares)                                       (1,600)  
Redemptions of preferred stock, net                                   (36) (36)   (36)
Issuance of stock, net (in shares)     58,360                                 87,672  
Issuance of stock, net 1,002 1,002 $ 0 1,002                           $ 1,958 1,958   1,958
Net income 3,141 3,141     3,141                                
Dividends—cumulative redeemable preferred stock (6,105) (6,105)     (6,105)                                
Distributions—OP Units and common stock (4,965) (4,965)     (4,965)                                
Comprehensive income (loss) attributable to the Company 1,557 1,557       1,557                              
Ending balance, preferred stock (in shares) at Sep. 30, 2023                   5,956,065         10,156,509         221,481  
Ending balance at Sep. 30, 2023 731,486 731,486 $ 36 855,891 (134,728) 10,271 0     $ 6         $ 10         $ 0  
Ending balance, common stock (in shares) at Sep. 30, 2023     35,838,442                                    
Beginning balance, preferred stock (in shares) at Dec. 31, 2023               5,956,065   5,956,065     10,156,509   10,156,509     235,841   235,841  
Beginning balance at Dec. 31, 2023 $ 719,613 719,613 $ 36 856,206 (144,011) 7,366 0     $ 6         $ 10         $ 0  
Beginning balance, common stock (in shares) at Dec. 31, 2023 35,838,442   35,838,442                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Redemptions of preferred stock, net (in shares)                   (115,176)         (201,646)            
Redemptions of preferred stock, net               $ (2,429) $ (2,429)   $ (2,562) $ 133 $ (4,202) (4,202)   (4,574) 372        
Issuance of stock, net (in shares)                                       15,735  
Issuance of stock, net                                   $ 341 341   341
Net income $ 12,750 12,750     12,750                                
Dividends—cumulative redeemable preferred stock (18,247) (18,247)     (18,247)                                
Distributions—OP Units and common stock (15,031) (15,031)     (15,031)                                
Comprehensive income (loss) attributable to the Company (1,591) (1,591)       (1,591)                              
Ending balance, preferred stock (in shares) at Sep. 30, 2024               5,840,889   5,840,889     9,954,863   9,954,863     251,576   251,576  
Ending balance at Sep. 30, 2024 $ 691,204 691,204 $ 36 849,411 (164,034) 5,775 0     $ 6         $ 10         $ 0  
Ending balance, common stock (in shares) at Sep. 30, 2024 35,838,442   35,838,442                                    
Beginning balance, preferred stock (in shares) at Jun. 30, 2024                   5,901,330         10,070,467         247,981  
Beginning balance at Jun. 30, 2024 $ 708,469 708,469 $ 36 853,302 (153,226) 8,341 0     $ 6         $ 10         $ 0  
Beginning balance, common stock (in shares) at Jun. 30, 2024     35,838,442                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Redemptions of preferred stock, net (in shares)                   (60,441)         (115,604)            
Redemptions of preferred stock, net               $ (1,296) $ (1,296)   $ (1,345) $ 49 $ (2,440) $ (2,440)   $ (2,622) $ 182        
Issuance of stock, net (in shares)                                       3,595  
Issuance of stock, net                                   $ 76 $ 76   $ 76
Net income 6 6     6                                
Dividends—cumulative redeemable preferred stock (6,024) (6,024)     (6,024)                                
Distributions—OP Units and common stock (5,021) (5,021)     (5,021)                                
Comprehensive income (loss) attributable to the Company (2,566) (2,566)       (2,566)                              
Ending balance, preferred stock (in shares) at Sep. 30, 2024               5,840,889   5,840,889     9,954,863   9,954,863     251,576   251,576  
Ending balance at Sep. 30, 2024 $ 691,204 $ 691,204 $ 36 $ 849,411 $ (164,034) $ 5,775 $ 0     $ 6         $ 10         $ 0  
Ending balance, common stock (in shares) at Sep. 30, 2024 35,838,442   35,838,442