XML 60 R43.htm IDEA: XBRL DOCUMENT v3.25.4
Equity - Additional Information (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Nov. 20, 2025
USD ($)
$ / shares
shares
Sep. 19, 2025
USD ($)
shares
Dec. 31, 2025
USD ($)
$ / shares
shares
Dec. 31, 2025
USD ($)
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
Sep. 18, 2025
shares
Aug. 31, 2025
USD ($)
Jan. 31, 2024
shares
Class of Stock [Line Items]                  
Preferred Stock, Shares Authorized | shares     10,000,000 10,000,000 10,000,000        
Preferred Stock, Par or Stated Value Per Share | $ / shares     $ 0.001 $ 0.001 $ 0.001        
Preferred Stock, Shares Issued | shares     5,155,000 5,155,000 3,105,000        
Preferred Stock, Shares Outstanding | shares     5,155,000 5,155,000 3,105,000        
Common Stock, Par or Stated Value Per Share | $ / shares     $ 0.001 $ 0.001 $ 0.001        
Proceeds         $ 10,896        
Issuance of shares, net, (in shares) | shares       0          
Payments of dividends       $ 5,822 5,822 $ 5,822      
Payment Of Dividends Common Stock Op And Ltip Units       52,307 59,868 59,025      
Dividends Payable     $ 12,484 12,484 $ 16,520        
Units redeemed | shares         0        
Proceeds from issuance of preferred stock and preference stock, net       49,147          
OP Units issued for property acquisitions           5,482      
Stock Issued During Period, Value, New Issues       $ 49,147 $ 10,896        
Share repurchase program, authorized, amount               $ 50,000  
Stock split, conversion ratio   0.20              
Common stock, shares authorized | shares   100,000,000 100,000,000 100,000,000 100,000,000   500,000,000    
Common stock, shares outstanding | shares   13,407,358 13,234,830 13,234,830 13,374,245   67,036,790    
Common stock     $ 13 $ 13 $ 13        
Stock issued in connection with stock split | shares   0              
Fractional shares settled   $ 2   $ 2          
Fractional shares from stock split paid out in cash instead of shares issued | shares   60              
Repurchase of common stock (in shares) | shares       175,634          
Weighted average price paid per share for common stock repurchased | $ / shares       $ 34.16          
Repurchase of common stock       $ 6,004          
2024 ATM Program                  
Class of Stock [Line Items]                  
Proceeds         $ 12,000        
Issuance of shares, net, (in shares) | shares       0 240,885        
Common Stock, Capital Shares Reserved for Future Issuance | shares                 300,000,000
Shares Issued, Price Per Share | $ / shares         $ 49.75        
OP [Member]                  
Class of Stock [Line Items]                  
Units redeemed | shares       5,000          
OP Units issued for property acquisitions         $ 0        
Common Stock [Member]                  
Class of Stock [Line Items]                  
Issuance of shares, net, (in shares) | shares       0 241,000        
Payments of dividends         $ 127        
Dividends Payable         168        
OP Units issued for property acquisitions           $ 0      
Stock Issued During Period, Value, New Issues       $ 0 $ 0        
Fractional shares settled       $ 0          
Repurchase of common stock (in shares) | shares       176,000          
Repurchase of common stock       $ 0          
Series A Cumulative Redeemable Preferred Stock                  
Class of Stock [Line Items]                  
Preferred Stock, Shares Issued | shares     3,105,000 3,105,000 3,105,000        
Preferred Stock, Shares Outstanding | shares     3,105,000 3,105,000 3,105,000        
Dividend Accrued     $ 970 $ 970          
Preferred Stock, Dividend Rate, Percentage       7.50%          
Preferred Stock, Liquidation Preference Per Share | $ / shares     $ 25 $ 25          
Dividends Payable, Amount Per Share | $ / shares     1.875 $ 1.875          
Payments of dividends       $ 5,822          
Dividends to preferred stockholders | $ / shares         $ 1.875 $ 1.875      
Series A Cumulative Redeemable Preferred Stock | O 2025 Q4 Dividends [Member]                  
Class of Stock [Line Items]                  
Dividends Payable, Amount Per Share | $ / shares     $ 0.46875 $ 0.46875          
Dividends Payable     $ 1,455 $ 1,455          
Series B Cumulative Redeemable Preferred Stock                  
Class of Stock [Line Items]                  
Preferred Stock, Par or Stated Value Per Share | $ / shares $ 0.001                
Preferred Stock, Shares Issued | shares     2,050,000 2,050,000 2,050,000        
Preferred Stock, Shares Outstanding | shares     2,050,000 2,050,000 2,050,000        
Dividend Accrued     $ 458 $ 458          
Preferred Stock, Dividend Rate, Percentage       8.00%          
Preferred Stock, Liquidation Preference Per Share | $ / shares $ 25   $ 25 $ 25 $ 25        
Dividends Payable, Amount Per Share | $ / shares     2 $ 2          
Issuance of shares, net, (in shares) | shares 2,050,000                
Preferred Stock, Redemption Price Per Share | $ / shares $ 25                
Net proceeds received from Series B Preferred stock offering $ 51,300                
Underwriting discounts and advisory fees on preferred stock issuance 1,600                
Debt issuance and related costs $ 500                
Proceeds from issuance of preferred stock and preference stock, net       $ 49,100          
Series B Cumulative Redeemable Preferred Stock | O 2025 Q4 Dividends [Member]                  
Class of Stock [Line Items]                  
Dividends Payable, Amount Per Share | $ / shares     $ 0.388 $ 0.388          
Dividends Payable     $ 795 $ 795          
Dividends to preferred stockholders | $ / shares     $ 0.5            
Series B Cumulative Redeemable Preferred Stock | Over-Allotment Option [Member]                  
Class of Stock [Line Items]                  
Issuance of shares, net, (in shares) | shares 50,000                
Long Term Incentives Plan Units Member                  
Class of Stock [Line Items]                  
Payments of dividends       105          
Dividends Payable     $ 216 216 $ 386        
Reversal of dividend accrual       65          
Cumulative Effect, Period of Adoption, Adjustment [Member] | Revision of Prior Period, Adjustment [Member]                  
Class of Stock [Line Items]                  
Common stock     $ 55 $ 55