Condensed Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands |
Total |
Total Stockholders' Equity |
Common Stock |
Additional Paid-in Capital |
Retained Earnings/(Accumulated Deficit) |
Non-controlling Interest |
| Beginning balance (in shares) at Dec. 31, 2017 |
|
31,335,938
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2017 |
|
$ 620,961
|
$ 600,099
|
|
|
|
$ 20,862
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
| Shares Issued As Payment of Incentive Fee |
|
29
|
29
|
|
|
|
|
| Contributions from non-controlling interests |
|
11,900
|
|
|
|
|
11,900
|
| Dividends |
|
(38,152)
|
(37,891)
|
|
|
|
(261)
|
| Distributions to non-controlling interests |
|
(11,744)
|
|
|
|
|
(11,744)
|
| Adjustment to non-controlling interests |
|
$ 0
|
(33)
|
|
|
|
33
|
| Director OP LTIP Units exercised |
|
3,334
|
|
|
|
|
|
| Repurchase of shares of common stock (in shares) |
|
(1,186,058)
|
|
|
|
|
|
| Repurchase of shares of common stock |
|
$ (17,593)
|
(17,593)
|
|
|
|
|
| Share-based long term incentive plan unit redemption and distribution |
|
$ 296
|
294
|
|
|
|
2
|
| Ending balance (in shares) at Sep. 30, 2018 |
|
30,155,055
|
|
|
|
|
|
| Ending balance at Sep. 30, 2018 |
|
$ 616,678
|
593,797
|
|
|
|
22,881
|
| Change In Shareholders' Equity Resulting From Operations [Abstract] |
|
|
|
|
|
|
|
| Net investment income |
|
32,911
|
|
|
|
|
|
| Net realized gain (loss) on investments, financial derivatives, and foreign currency transactions |
|
21,810
|
|
|
|
|
|
| Change in net unrealized gain (loss) on investments, other secured borrowings, financial derivatives, and foreign currency translation |
|
(3,740)
|
|
|
|
|
|
| Net increase in equity resulting from operations |
|
50,981
|
48,892
|
|
|
|
2,089
|
| Net increase (decrease) in equity from transactions |
|
(55,264)
|
(55,194)
|
|
|
|
(70)
|
| Net increase (decrease) in equity |
|
$ (4,283)
|
(6,302)
|
|
|
|
2,019
|
| Beginning balance (in shares) at Jun. 30, 2018 |
|
30,149,880
|
|
|
|
|
|
| Beginning balance at Jun. 30, 2018 |
|
$ 613,275
|
599,567
|
|
|
|
13,708
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
| Shares Issued As Payment of Incentive Fee |
|
29
|
29
|
|
|
|
|
| Contributions from non-controlling interests |
|
9,735
|
|
|
|
|
9,735
|
| Dividends |
|
(12,651)
|
(12,564)
|
|
|
|
(87)
|
| Distributions to non-controlling interests |
|
(1,287)
|
|
|
|
|
(1,287)
|
| Adjustment to non-controlling interests |
|
$ 0
|
2
|
|
|
|
(2)
|
| Director OP LTIP Units exercised |
|
3,334
|
|
|
|
|
|
| Repurchase of shares of common stock (in shares) |
|
0
|
|
|
|
|
|
| Repurchase of shares of common stock |
|
$ 0
|
0
|
|
|
|
|
| Share-based long term incentive plan unit redemption and distribution |
|
$ 103
|
102
|
|
|
|
1
|
| Ending balance (in shares) at Sep. 30, 2018 |
|
30,155,055
|
|
|
|
|
|
| Ending balance at Sep. 30, 2018 |
|
$ 616,678
|
593,797
|
|
|
|
22,881
|
| Change In Shareholders' Equity Resulting From Operations [Abstract] |
|
|
|
|
|
|
|
| Net investment income |
|
11,678
|
|
|
|
|
|
| Net realized gain (loss) on investments, financial derivatives, and foreign currency transactions |
|
10,102
|
|
|
|
|
|
| Change in net unrealized gain (loss) on investments, other secured borrowings, financial derivatives, and foreign currency translation |
|
(14,306)
|
|
|
|
|
|
| Net increase in equity resulting from operations |
|
7,474
|
6,661
|
|
|
|
813
|
| Net increase (decrease) in equity from transactions |
|
(4,071)
|
(12,431)
|
|
|
|
8,360
|
| Net increase (decrease) in equity |
|
$ 3,403
|
(5,770)
|
|
|
|
9,173
|
| Beginning balance (in shares) at Dec. 31, 2018 |
|
29,796,601
|
|
29,796,601
|
|
|
|
| Beginning balance at Dec. 31, 2018 |
|
$ 595,170
|
563,833
|
|
$ 665,356
|
$ (101,523)
|
31,337
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
| Share conversion |
[1] |
|
|
$ 30
|
(30)
|
|
|
| Net income (loss) |
|
16,488
|
15,408
|
|
|
15,408
|
1,080
|
| Contributions from non-controlling interests |
|
2,512
|
|
|
|
|
2,512
|
| Dividends |
[2] |
(16,764)
|
(16,360)
|
|
|
(16,360)
|
(404)
|
| Distributions to non-controlling interests |
|
(4,306)
|
|
|
|
|
(4,306)
|
| Adjustment to non-controlling interests |
|
|
(4)
|
|
(4)
|
|
4
|
| Repurchase of shares of common stock (in shares) |
|
|
|
(50,825)
|
|
|
|
| Repurchase of shares of common stock |
|
(782)
|
(782)
|
|
(782)
|
|
|
| Share-based long term incentive plan unit awards |
|
116
|
114
|
|
114
|
|
2
|
| Ending balance (in shares) at Mar. 31, 2019 |
|
|
|
29,745,776
|
|
|
|
| Ending balance at Mar. 31, 2019 |
|
$ 592,434
|
562,209
|
$ 30
|
664,654
|
(102,475)
|
30,225
|
| Beginning balance (in shares) at Dec. 31, 2018 |
|
29,796,601
|
|
29,796,601
|
|
|
|
| Beginning balance at Dec. 31, 2018 |
|
$ 595,170
|
563,833
|
|
665,356
|
(101,523)
|
31,337
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
| Dividends |
|
$ (44,059)
|
|
|
|
|
|
| Director OP LTIP Units exercised |
|
3,610
|
|
|
|
|
|
| Repurchase of shares of common stock (in shares) |
|
(50,825)
|
|
|
|
|
|
| Repurchase of shares of common stock |
|
$ (800)
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2019 |
|
33,774,386
|
|
33,774,386
|
|
|
|
| Ending balance at Sep. 30, 2019 |
|
$ 668,967
|
635,446
|
$ 34
|
734,628
|
(99,216)
|
33,521
|
| Change In Shareholders' Equity Resulting From Operations [Abstract] |
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
|
4,025,000
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2019 |
|
|
|
29,745,776
|
|
|
|
| Beginning balance at Mar. 31, 2019 |
|
$ 592,434
|
562,209
|
$ 30
|
664,654
|
(102,475)
|
30,225
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
| Net income (loss) |
|
13,656
|
12,644
|
|
|
12,644
|
1,012
|
| Contributions from non-controlling interests |
|
4,936
|
|
|
|
|
4,936
|
| Dividends |
[2] |
(12,801)
|
(12,493)
|
|
|
(12,493)
|
(308)
|
| Distributions to non-controlling interests |
|
(5,225)
|
|
|
|
|
(5,225)
|
| Share-based long term incentive plan unit awards |
|
$ 114
|
110
|
|
110
|
|
4
|
| Ending balance (in shares) at Jun. 30, 2019 |
|
29,745,776
|
|
29,745,776
|
|
|
|
| Ending balance at Jun. 30, 2019 |
|
$ 593,114
|
562,470
|
$ 30
|
664,764
|
(102,324)
|
30,644
|
| CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS |
|
|
|
|
|
|
|
| Net income (loss) |
|
18,712
|
17,293
|
|
|
17,293
|
1,419
|
| Contributions from non-controlling interests |
|
9,428
|
|
|
|
|
9,428
|
| Dividends |
[2] |
(14,494)
|
(14,185)
|
|
|
(14,185)
|
(309)
|
| Distributions to non-controlling interests |
|
$ (7,719)
|
|
|
|
|
(7,719)
|
| Adjustment to non-controlling interests |
|
|
(56)
|
|
(56)
|
|
56
|
| Director OP LTIP Units exercised |
|
3,610
|
|
|
|
|
|
| Repurchase of shares of common stock (in shares) |
|
0
|
|
|
|
|
|
| Share-based long term incentive plan unit awards |
|
$ 116
|
114
|
|
114
|
|
2
|
| Ending balance (in shares) at Sep. 30, 2019 |
|
33,774,386
|
|
33,774,386
|
|
|
|
| Ending balance at Sep. 30, 2019 |
|
$ 668,967
|
635,446
|
$ 34
|
734,628
|
(99,216)
|
33,521
|
| Change In Shareholders' Equity Resulting From Operations [Abstract] |
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues |
[3] |
4,025,000
|
|
|
|
|
|
| Stock Issued During Period, Value, New Issues |
[3] |
$ 69,810
|
$ 69,810
|
$ 4
|
$ 69,806
|
$ 0
|
$ 0
|
|
|