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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders' Equity
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Distributions in Excess of Earnings
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2023     4,760,000 209,627,197        
Beginning Balance at Dec. 31, 2023 $ 1,648,983 $ 1,642,075 $ 48 $ 2,096 $ 2,291,297 $ (2,036) $ (649,330) $ 6,908
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 8,358 8,328         8,328 30
Unrealized loss on interest rate derivative instruments 960 957       957   3
Unrealized gain on Rabbi Trust assets 299 298       298   1
Amounts reclassified from other comprehensive income 0              
Distributions on common stock (6,332) (6,301)         (6,301) (31)
Distributions on preferred stock (2,454) (2,454)         (2,454)  
Share-based compensation (in shares)       753,860        
Share-based compensation 2,335 1,902   $ 7 1,895     433
Shares redeemed to satisfy withholdings on vested share based compensation (in shares)       (316,624)        
Shares redeemed to satisfy withholdings on vested share based compensation (2,907) (2,907)   $ (3) (2,904)      
Ending balance (in shares) at Mar. 31, 2024     4,760,000 210,064,433        
Ending Balance at Mar. 31, 2024 1,649,242 1,641,898 $ 48 $ 2,100 2,290,288 (781) (649,757) 7,344
Beginning balance (in shares) at Dec. 31, 2023     4,760,000 209,627,197        
Beginning Balance at Dec. 31, 2023 1,648,983 1,642,075 $ 48 $ 2,096 2,291,297 (2,036) (649,330) 6,908
Ending balance (in shares) at Dec. 31, 2024     4,760,000 207,592,210        
Ending Balance at Dec. 31, 2024 1,598,932 1,590,235 $ 48 $ 2,076 2,268,521 (1,360) (679,050) 8,697
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 11,915 11,857         11,857 58
Unrealized loss on interest rate derivative instruments (2,548) (2,535)       (2,535)   (13)
Unrealized gain on Rabbi Trust assets 54 54       54    
Amounts reclassified from other comprehensive income (673) (670)       (670)   (3)
Distributions on common stock (16,872) (16,781)         (16,781) (91)
Distributions on preferred stock (2,454) (2,454)         (2,454)  
Share-based compensation (in shares)       1,379,495        
Share-based compensation 1,302 1,194   $ 14 1,180     108
Shares redeemed to satisfy withholdings on vested share based compensation (in shares)       (585,127)        
Shares redeemed to satisfy withholdings on vested share based compensation (4,888) (4,888)   $ (6) (4,882)      
Common stock repurchased and retired (in shares)       (1,413,643)        
Common stock repurchased and retired (11,116) (11,116)   $ (15) (11,101)      
Ending balance (in shares) at Mar. 31, 2025     4,760,000 206,972,935        
Ending Balance at Mar. 31, 2025 $ 1,573,652 $ 1,564,896 $ 48 $ 2,069 $ 2,253,718 $ (4,511) $ (686,428) $ 8,756