v3.22.2.2
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
Preferred Stock [Member]
Preferred Stock [Member]
Total Stockholders' Equity
Common Stock
Common Stock
Total Stockholders' Equity
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Preferred Stock, Value, Outstanding $ 111,034                      
Beginning balance (in shares) at Dec. 31, 2020 43,781,684   43,781,684                  
Beginning balance at Dec. 31, 2020 $ 921,572 $ 885,215 $ 44 $ 915,658 $ (141,521) $ 36,357            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 41,256 39,797     39,797 1,459            
Contributions from non-controlling interests 1,517         1,517            
Dividends [1] (13,334) (13,134)     (13,134) (200)            
Dividends, Preferred Stock, Cash [2] (1,941) (1,941)     (1,941)              
Distributions to non-controlling interests (5,923)         (5,923)            
Adjustment to non-controlling interests   (307)   (307)   307            
Share-based long term incentive plan unit awards 229 226   226   3            
Ending balance (in shares) at Mar. 31, 2021     43,781,684                  
Ending balance at Mar. 31, 2021 $ 943,376 909,856 $ 44 915,577 (116,799) 33,520            
Beginning balance (in shares) at Dec. 31, 2020 43,781,684   43,781,684                  
Beginning balance at Dec. 31, 2020 $ 921,572 885,215 $ 44 915,658 (141,521) 36,357            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 101,706                      
Repurchase of shares of common stock (in shares) 0                      
Ending balance (in shares) at Sep. 30, 2021 51,677,667   51,677,667                  
Ending balance at Sep. 30, 2021 $ 1,095,270 1,063,326 $ 52 1,057,939 (105,699) 31,944            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 1.19                      
Preferred Stock, Dividends Per Share, Declared $ 1.265625                      
Stock Issued During Period, Shares, New Issues 7,852,900                      
Shares Issued As Payment of Incentive Fee, Shares 37,373                      
Preferred Stock, Value, Outstanding $ 111,034                      
Beginning balance (in shares) at Mar. 31, 2021     43,781,684                  
Beginning balance at Mar. 31, 2021 943,376 909,856 $ 44 915,577 (116,799) 33,520            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 36,469 34,595     34,595 1,874            
Contributions from non-controlling interests 5,931         5,931            
Dividends (19,563) (19,265)     (19,265) (298)            
Dividends, Preferred Stock, Cash (1,940) (1,940)     (1,940)              
Distributions to non-controlling interests (9,413)         (9,413)            
Share-based long term incentive plan unit awards $ 244 240   240   4            
Ending balance (in shares) at Jun. 30, 2021 43,781,684   43,781,684                  
Ending balance at Jun. 30, 2021 $ 955,104 923,486 $ 44 915,817 (103,409) 31,618            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Preferred Stock, Value, Outstanding 111,034                      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 23,981 22,505     22,505 1,476            
Stock Issued During Period, Value, New Issues                 $ 141,303 $ 141,303 $ 8 $ 141,295
Shares Issued As Payment of Incentive Fee                 $ 716 716 0 716
Contributions from non-controlling interests 4,030         4,030            
Dividends (23,161) (22,854)     (22,854) (307)            
Dividends, Preferred Stock, Cash (1,941) (1,941)     (1,941)              
Distributions to non-controlling interests $ (5,006)         (5,006)            
Stock issued during period, shares, conversion of units     5,710                  
Stock Issued During Period, Value, Conversion of Units   105   105   (105)            
Adjustment to non-controlling interests   (234)   (234)   234            
Repurchase of shares of common stock (in shares) 0                      
Share-based long term incentive plan unit awards $ 244 240   240   4            
Ending balance (in shares) at Sep. 30, 2021 51,677,667   51,677,667                  
Ending balance at Sep. 30, 2021 $ 1,095,270 1,063,326 $ 52 1,057,939 (105,699) 31,944            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.45                      
Preferred Stock, Dividends Per Share, Declared $ 0.421875                      
Stock Issued During Period, Shares, New Issues 7,852,900               7,852,900      
Shares Issued As Payment of Incentive Fee, Shares 37,373               37,373      
Preferred Stock, Value, Outstanding $ 111,034                      
Preferred Stock, Value, Outstanding $ 226,939                      
Beginning balance (in shares) at Dec. 31, 2021 57,458,169   57,458,169                  
Beginning balance at Dec. 31, 2021 $ 1,323,556 1,291,321 $ 58 1,161,603 (97,279) 32,235            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (6,498) (6,078)     (6,078) (420)            
Stock Issued During Period, Value, New Issues [3]             $ 493 $ 493 $ 38,454 38,454 2 38,452
Shares Issued As Payment of Incentive Fee                 $ 325 325 0 325
Contributions from non-controlling interests 5,846         5,846            
Dividends [1] (26,521) (26,189)     (26,189) (332)            
Dividends, Preferred Stock, Cash [2] (3,824) (3,824)     (3,824)              
Distributions to non-controlling interests (9,181)         (9,181)            
Adjustment to non-controlling interests   (706)   (706)   706            
Share-based long term incentive plan unit awards 288 284   284   4            
Ending balance (in shares) at Mar. 31, 2022     59,662,263                  
Ending balance at Mar. 31, 2022 $ 1,322,938 1,294,080 $ 60 1,199,958 (133,370) 28,858            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Stock Issued During Period, Shares, New Issues [3]                 2,185,000      
Shares Issued As Payment of Incentive Fee, Shares                 19,094      
Beginning balance (in shares) at Dec. 31, 2021 57,458,169   57,458,169                  
Beginning balance at Dec. 31, 2021 $ 1,323,556 1,291,321 $ 58 1,161,603 (97,279) 32,235            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (97,680)                      
Repurchase of shares of common stock (in shares) 128,184                      
Repurchase of shares of common stock $ (1,700)                      
Ending balance (in shares) at Sep. 30, 2022 60,438,787   60,438,787                  
Ending balance at Sep. 30, 2022 $ 1,180,629 1,155,306 $ 61 1,213,493 (285,680) 25,323            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 1.35                      
Preferred Stock, Dividends Per Share, Declared $ 2.4375                      
Stock Issued During Period, Shares, New Issues 3,085,642                      
Shares Issued As Payment of Incentive Fee, Shares 19,094                      
Preferred Stock, Value, Outstanding $ 227,432                      
Beginning balance (in shares) at Mar. 31, 2022     59,662,263                  
Beginning balance at Mar. 31, 2022 1,322,938 1,294,080 $ 60 1,199,958 (133,370) 28,858            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (61,451) (61,060)     (61,060) (391)            
Stock Issued During Period, Value, New Issues [3]                 $ 6,767 6,767 0 6,767
Contributions from non-controlling interests 4,037         4,037            
Dividends [1] (27,350) (27,008)     (27,008) (342)            
Dividends, Preferred Stock, Cash [2] (3,821) (3,821)     (3,821)              
Distributions to non-controlling interests (5,863)         (5,863)            
Adjustment to non-controlling interests   (3)   (3)   3            
Repurchase of shares of common stock (in shares)     (88,184)                  
Repurchase of shares of common stock (1,164) (1,164)   (1,164)             0  
Share-based long term incentive plan unit awards $ 362 358   358   4            
Ending balance (in shares) at Jun. 30, 2022 59,957,779   59,957,779                  
Ending balance at Jun. 30, 2022 $ 1,234,455 1,208,149 $ 60 1,205,916 (225,259) 26,306            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Stock Issued During Period, Shares, New Issues [3]                 383,700      
Preferred Stock, Value, Outstanding 227,432                      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (29,731) (29,467)     (29,467) (264)            
Stock Issued During Period, Value, New Issues                 $ 8,026 $ 8,026 1 $ 8,025
Contributions from non-controlling interests 467         467            
Dividends (27,477) (27,131)     (27,131) (346)            
Dividends, Preferred Stock, Cash (3,823) (3,823)     (3,823)              
Distributions to non-controlling interests $ (1,162)         (1,162)            
Stock issued during period, shares, conversion of units     4,066                  
Stock Issued During Period, Value, Conversion of Units   66   66   (66)            
Adjustment to non-controlling interests   (383)   (383)   383            
Repurchase of shares of common stock (in shares) 40,000   (40,000)                  
Repurchase of shares of common stock $ (495) (495)   (495)             $ 0  
Share-based long term incentive plan unit awards $ 369 364   364   5            
Ending balance (in shares) at Sep. 30, 2022 60,438,787   60,438,787                  
Ending balance at Sep. 30, 2022 $ 1,180,629 $ 1,155,306 $ 61 $ 1,213,493 $ (285,680) $ 25,323            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.45                      
Preferred Stock, Dividends Per Share, Declared $ 0.8125                      
Stock Issued During Period, Shares, New Issues 516,942               516,942      
Shares Issued As Payment of Incentive Fee, Shares 0                      
Preferred Stock, Value, Outstanding $ 227,432                      
[1] For the three-month periods ended September 30, 2022 and 2021, dividends totaling $0.45 and $0.45, respectively, per share of common stock and convertible unit outstanding, were declared. For the nine-month periods ended September 30, 2022 and 2021, dividends totaling $1.35 and $1.19, respectively, per share of common stock and convertible unit outstanding, were declared.
[2] For the three-month periods ended September 30, 2022 and 2021, dividends totaling $0.8125 and $0.421875, respectively, per share of preferred stock were declared. For the nine-month periods ended September 30, 2022 and 2021, dividends totaling $2.4375 and $1.265625, respectively, per share of preferred stock were declared.
[3] Net of discounts and commissions and offering costs.