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Redeemable Preferred Stock (Tables)
 12 Months Ended
Dec. 31, 2023
Temporary Equity [Abstract]  
Summary of the Activity of Temporary Equity
The issuance activity of the Series J Preferred Stock is summarized below (in thousands):
Year Ended December 31,
20232022
Series J Preferred Stock shares issued (1)
3,371 87 
Net proceeds$75,837 $1,959 
________
(1)Exclusive of shares issued under the DRIP.
The redemption value adjustment of Series J Preferred Stock is summarized below (in thousands):
December 31, 2023December 31, 2022
Series J Preferred Stock$79,975 $2,004 
Cumulative adjustments to Series J Preferred Stock (1)
3,473 926 
________
(1)Reflects the excess of the redemption value over the accumulated carrying value.
The following table summarizes dividends declared (in thousands):
Year Ended December 31,
20232022
Series J Preferred Stock$3,467 $18 
The redemption activities of Series J Preferred stock is summarized below (in thousands):
Year Ended December 31,
2023
Series J Preferred Stock shares redeemed3 
Redemption amount, net of redemption fees$78 
The issuance activity of the Series K Preferred Stock is summarized below (in thousands):
Year Ended December 31,
20232022
Series K Preferred Stock shares issued (1)
192 2 
Net proceeds$4,664 $44 
________
(1)Exclusive of shares issued under the DRIP.
The redemption value adjustment of Series K Preferred Stock is summarized below (in thousands):
December 31, 2023December 31, 2022
Series K Preferred Stock$4,783 $44 
Cumulative adjustments to Series K Preferred Stock (1)
146 20 
________
(1)Reflects the excess of the redemption value over the accumulated carrying value.
The following table summarizes dividends declared (in thousands):
Year Ended December 31,
20232022
Series K Preferred Stock$191 $1