v3.25.4
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Interest Rate Swap
Treasury Locks
Common Shares
Additional Paid-in Capital
Accumulated Dividends in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Interest Rate Swap
Accumulated Other Comprehensive Income (Loss)
Treasury Locks
Noncontrolling Interests - Unitholders in the Operating Partnership
Noncontrolling Interests - Unitholders in the Operating Partnership
Interest Rate Swap
Noncontrolling Interests - Unitholders in the Operating Partnership
Treasury Locks
Beginning Balance (shares) at Dec. 31, 2022       60,718,653                
Beginning balance at Dec. 31, 2022 $ 1,185,525     $ 607 $ 1,461,201 $ (251,167) $ 10,624     $ (35,740)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 64,690         51,139       13,551    
Issuance of restricted stock (in shares)       300,889                
Issuance of restricted stock 0     $ 3 (3)              
Forfeiture of restricted stock (in shares)       (82,481)                
Forfeiture of restricted stock 0     $ (1) 1              
Dividends declared and paid (101,571)         (80,211)       (21,360)    
Stock-based compensation 8,838       8,838              
Shares withheld for employee taxes (in shares)       (41,275)                
Shares withheld for employee taxes (831)       (831)              
Other comprehensive loss (1,827) $ (1,827) $ 0       (1,437)     (390)    
Reclassification of amortization of forward-starting swaps included in interest expense, net (1,149)           (905)     (244)    
Ending Balance (shares) at Dec. 31, 2023       60,895,786                
Ending balance at Dec. 31, 2023 1,153,675     $ 609 1,469,206 (280,239) 8,282     (44,183)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 72,819         57,585       15,234    
Issuance of restricted stock (in shares)       303,648                
Issuance of restricted stock 0     $ 3 (3)              
Forfeiture of restricted stock (in shares)       (10,397)                
Dividends declared and paid (103,368)         (81,685)       (21,683)    
Stock-based compensation 7,110       7,110              
Shares withheld for employee taxes (in shares)       (50,799)                
Shares withheld for employee taxes (1,445)     $ (1) (1,444)              
Other comprehensive loss   (2,748) (1,345)         $ (2,164) $ (1,061)   $ (584) $ (284)
Reclassification of amortization of forward-starting swaps included in interest expense, net $ (377)           (297)     (80)    
Ending Balance (shares) at Dec. 31, 2024 61,138,238     61,138,238                
Ending balance at Dec. 31, 2024 $ 1,124,321     $ 611 1,474,869 (304,339) 4,760     (51,580)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 71,370         56,500       14,870    
Issuance of restricted stock (in shares)       402,735                
Issuance of restricted stock 0     $ 4 (4)              
Forfeiture of restricted stock (in shares)       (27,261)                
Dividends declared and paid (105,254)         (83,247)       (22,007)    
Stock-based compensation 7,397       7,397              
Shares withheld for employee taxes (in shares)       (122,776)                
Shares withheld for employee taxes (2,393)     $ (1) (2,392)              
Other comprehensive loss (3,205) $ (3,205) $ 0       (2,527)     (678)    
Reclassification of amortization of forward-starting swaps included in interest expense, net $ (1,031)           (814)     (217)    
Ending Balance (shares) at Dec. 31, 2025 61,390,936     61,390,936                
Ending balance at Dec. 31, 2025 $ 1,091,205     $ 614 $ 1,479,870 $ (331,086) $ 1,419     $ (59,612)