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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity
Shares of Beneficial Interest at Par Value
Additional Paid in Capital
Distributions in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Non- controlling Interests in Subsidiary
Beginning balance (in shares) at Dec. 31, 2021     86,261,000        
Beginning balance at Dec. 31, 2021 $ 1,317,062 $ 1,316,755 $ 863 $ 1,697,477 $ (362,494) $ (19,091) $ 307
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (30,868) (30,868)     (30,868)    
Unrealized gain (loss) on interest rate hedges 2,819 2,819       2,819  
Amortization of swap settlements 2,039 2,039       2,039  
Distributions to noncontrolling interests (9)           (9)
Dividends (59,646) (59,646)     (59,646)    
Equity offerings, net of issuance costs (in shares)     1,032,000        
Equity offerings, net of issuance costs $ 26,849 26,849 $ 10 26,839      
Shares issued under Dividend Reinvestment Program (in shares) 47,000   47,000        
Shares issued under Dividend Reinvestment Program $ 1,030 1,030   1,030      
Share grants, net of forfeitures and tax withholdings (in shares)     194,000        
Share grants, net of forfeitures and tax withholdings 4,510 4,510 $ 2 4,508      
Ending balance (in shares) at Dec. 31, 2022     87,534,000        
Ending balance at Dec. 31, 2022 1,263,786 1,263,488 $ 875 1,729,854 (453,008) (14,233) 298
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (52,977) (52,977)     (52,977)    
Unrealized gain (loss) on interest rate hedges (764) (764)       (764)  
Amortization of swap settlements 2,039 2,039       2,039  
Distributions to noncontrolling interests (8)           (8)
Dividends $ (63,406) (63,406)     (63,406)    
Equity offerings, net of issuance costs (in shares)     0        
Equity offerings, net of issuance costs   0          
Shares issued under Dividend Reinvestment Program (in shares) 28,000   28,000        
Shares issued under Dividend Reinvestment Program $ 497 497   497      
Share grants, net of forfeitures and tax withholdings (in shares)     305,000        
Share grants, net of forfeitures and tax withholdings $ 5,183 5,183 $ 4 5,179      
Ending balance (in shares) at Dec. 31, 2023 87,867,000   87,867,000        
Ending balance at Dec. 31, 2023 $ 1,154,350 1,154,060 $ 879 1,735,530 (569,391) (12,958) 290
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (13,103) (13,103)     (13,103)    
Unrealized gain (loss) on interest rate hedges (2,147) (2,147)       (2,147)  
Amortization of swap settlements 2,039 2,039       2,039  
Distributions to noncontrolling interests (9)           (9)
Dividends $ (63,601) (63,601)     (63,601)    
Equity offerings, net of issuance costs (in shares)     0        
Shares issued under Dividend Reinvestment Program (in shares) 0            
Share grants, net of forfeitures and tax withholdings (in shares)     162,000        
Share grants, net of forfeitures and tax withholdings $ 4,549 4,549 $ 1 4,548      
Ending balance (in shares) at Dec. 31, 2024 88,029,000   88,029,000        
Ending balance at Dec. 31, 2024 $ 1,082,078 $ 1,081,797 $ 880 $ 1,740,078 $ (646,095) $ (13,066) $ 281