XML 40 R28.htm IDEA: XBRL DOCUMENT v3.19.1

Subsequent Events	3 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events In April 2019, the Company issued 213,753 shares of its Series B Preferred Stock and Series C Preferred Stock, collectively, under the Preferred Equity Distribution Agreement at an average sales price of $24.78 per share, resulting in total net proceeds to the Company of $5.2 million after deducting the placement fees. As of May 7, 2019, $44.7 million of Preferred Stock remains available for issuance under the Preferred Equity Distribution Agreement. Also, in April 2019, the Company issued 2,260,200 shares of its common stock under the Common Equity Distribution Agreement at an average sales price of $6.12 per share, resulting in total net proceeds to the Company of $13.6 million after deducting the placement fees. As of May 7, 2019, $72.5 million of common stock remains available for issuance under the Common Equity Distribution Agreement. On May 3, 2019, we entered into a termination and transition agreement (the "Transition Agreement") with Headlands Asset Management LLC ("Headlands") that terminated the Headlands Management Agreement effective as of May 3, 2019. Pursuant to the Transition Agreement, Headlands will provide us with certain transition services until June 30, 2019 and will receive certain fees during this transition period similar to the fees Headlands was entitled to under the Headlands Management Agreement, but excluding incentive fees.

X

- References

No definition available.

+ Details

Name:	us-gaap_SubsequentEventsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI http://asc.fasb.org/topic&trid=2122774

+ Details

Name:	us-gaap_SubsequentEventsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration