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Equity (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Equity Activity
The table below summarizes the activity (in thousands):
Year Ended December 31,
20242023
Common stock issued741 72 
Gross proceeds$9,472 $1,477 
Commissions and other expenses95 15 
Net proceeds$9,377 $1,462 
Schedule of Shares Issued and Tendered The table below summarizes the activity (in thousands):
Year Ended December 31, 2024
Year Ended December 31, 2023
Preferred Shares Tendered
Common Shares Initially Issued
Common Shares Issued (1)
Preferred Shares TenderedCommon Shares Initially Issued
Common Shares Issued (1)
8.45% Series D Cumulative Preferred Stock
49 1,007 101 14 89 9 
7.375% Series F Cumulative Preferred Stock
138 1,863 187 76 527 53 
7.375% Series G Cumulative Preferred Stock
61 1,070 107 — — — 
7.50% Series H Cumulative Preferred Stock
132 1,698 170 138 882 88 
7.50% Series I Cumulative Preferred Stock
127 2,103 210 92 612 61 
507 7,741 775 320 2,110 211 
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(1) Reflects the number of shares issued after the adjustment for the reverse stock split.
Dividends Declared A summary of dividends declared is as follows (in thousands):
Year Ended December 31,
202420232022
Common stock$— $— $— 
Preferred stock:
Series D Cumulative Preferred Stock2,397 2,472 2,481 
Series F Cumulative Preferred Stock1,970 2,272 2,307 
Series G Cumulative Preferred Stock2,756 2,824 2,824 
Series H Cumulative Preferred Stock2,001 2,389 2,453 
Series I Cumulative Preferred Stock2,023 2,306 2,349 
Total dividends declared
$11,147 $12,263 $12,414 
Schedule of Noncontrolling Interests in Consolidated Entities
The table below summarizes (income) loss allocated to noncontrolling interests in consolidating entities (in thousands):
Year Ended December 31,
Line Item202420232022
(Income) loss allocated to noncontrolling interests in consolidated entities.$4,028 $6 $—