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Equity and Mezzanine Equity (Tables)
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Summary of Changes in Stockholders' Equity
The following table summarizes the changes in our equity for the three and six months ended June 30, 2021 and 2020 (in thousands):
 
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Senior Common Stock
Balance, beginning of period$$$$
Issuance of senior common stock, net— — — — 
Balance, end of period$$$$
Common Stock
Balance, beginning of period$36 $34 $35 $32 
Issuance of common stock, net— — 
Balance, end of period$36 $34 $36 $34 
Series F Preferred Stock (1)
Balance, beginning of period$— $— $— $— 
Issuance of Series F preferred stock, net— — — — 
Balance, end of period$— $— $— $— 
Additional Paid in Capital
Balance, beginning of period$639,053 $599,232 $626,533 $571,205 
Issuance of common stock and Series F preferred stock, net (1)9,099 508 20,411 28,438 
Redemption of OP Units— — 4,812 — 
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership(40)(3,644)98 
Balance, end of period$648,112 $599,741 $648,112 $599,741 
Accumulated Other Comprehensive Income
Balance, beginning of period$(1,921)$(4,654)$(4,345)$(2,126)
Comprehensive income(720)(481)1,704 (3,009)
Balance, end of period$(2,641)$(5,135)$(2,641)$(5,135)
Distributions in Excess of Accumulated Earnings
Balance, beginning of period$(425,422)$(374,259)$(409,041)$(360,978)
Distributions declared to common, senior common, and preferred stockholders(16,701)(15,634)(33,163)(31,184)
Redemption of Series D preferred stock, net(2,141)— (2,141)— 
Net income attributable to the Company2,142 993 2,223 3,262 
Balance, end of period$(442,122)$(388,900)$(442,122)$(388,900)
Total Stockholders' Equity
Balance, beginning of period$211,747 $220,354 $213,183 $208,134 
Issuance of common stock and Series F preferred stock, net (1)9,099 508 20,412 28,440 
Redemption of OP Units— — 4,812 — 
Redemption of Series D preferred stock, net(2,141)— (2,141)— 
Distributions declared to common, senior common, and preferred stockholders(16,701)(15,634)(33,163)(31,184)
Comprehensive income(720)(481)1,704 (3,009)
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership(40)(3,644)98 
Net income attributable to the Company2,142 993 2,223 3,262 
Balance, end of period$203,386 $205,741 $203,386 $205,741 
Non-Controlling Interest
Balance, beginning of period$1,416 $3,110 $2,854 $2,903 
Distributions declared to Non-controlling OP Unit holders(97)(189)(285)(378)
Issuance of Non-controlling OP Units as consideration in real estate acquisitions, net— — — 502 
Redemptions of OP Units— — (4,812)— 
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership40 (1)3,644 (98)
Net loss attributable to OP units held by Non-controlling OP Unitholders(21)(28)(63)(37)
Balance, end of period$1,338 $2,892 $1,338 $2,892 
Total Equity$204,724 $208,633 $204,724 $208,633 
(1)No shares of Series F Preferred Stock were outstanding prior to July 1, 2020.
Dividends Paid
We paid the following distributions per share for the three and six months ended June 30, 2021 and 2020:

For the three months ended June 30,For the six months ended June 30,
2021202020212020
Common Stock and Non-controlling OP Units$0.37545 $0.37545 $0.75090 $0.75090 
Senior Common Stock0.2625 0.2625 0.5250 0.5250 
Series D Preferred Stock0.4374999 0.4374999 0.8749998 0.8749998 
Series E Preferred Stock0.414063 0.414063 0.828126 0.828126 
Series F Preferred Stock0.375 0.375 (1)0.750 0.375 (1)
(1)Prior to July 1, 2020, Series F Preferred Stock distributions were declared, but not paid, as there were no Series F Preferred Stock shares outstanding on the applicable dividend record dates.