XML 109 R6.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Paid in Capital
Retained Earnings
Cumulative Dividends
Other Comprehensive Income
Non-controlling Interests in Operating Partnership
Total
Balance at Dec. 31, 2023 $ 482 $ 577,237 $ 31,411 $ (95,939) $ 2,691 $ 12,958 $ 528,840
Balance (in shares) at Dec. 31, 2023 48,003            
Increase (decrease) in shareholders' equity              
Net income     59,911     1,539 61,450
Issuance of stock   34         34
Issuance of stock (in shares) 3            
Grant of unvested restricted stock (in shares) 183            
Shares withheld for income taxes on vesting of equity-based compensation   (185)         (185)
Shares withheld for income taxes on vesting of equity-based compensation (in shares) (17)            
Stock-based compensation   2,346         2,346
Dividends accrued and paid     (2,970) (64,467)   (1,748) (69,185)
Net change associated with current period hedging transactions and amortization of other comprehensive (loss)         (1,179)   (1,179)
Common stock repurchased and cancellation of shares $ (23) (27,511)         (27,534)
Common stock repurchased and cancellation of shares (in shares) (2,240)            
Adjustments to non-controlling interests resulting from changes in ownership of operating partnership   73       (73)  
Balance at Dec. 31, 2024 $ 459 551,994 88,352 (160,406) 1,512 12,676 494,587
Balance (in shares) at Dec. 31, 2024 45,932            
Increase (decrease) in shareholders' equity              
Net income     31,545     627 32,172
Grant of unvested restricted stock $ 2           2
Grant of unvested restricted stock (in shares) 146            
Shares withheld for income taxes on vesting of equity-based compensation   (316)         (316)
Shares withheld for income taxes on vesting of equity-based compensation (in shares) (28)            
Stock-based compensation   2,156         2,156
Dividends accrued and paid     (2,583) (19,235)   (409) (22,227)
Net change associated with current period hedging transactions and amortization of other comprehensive (loss)         (1,162)   (1,162)
Common stock repurchased and cancellation of shares $ (34) (37,790)         (37,824)
Common stock repurchased and cancellation of shares (in shares) (3,411)            
Adjustments to non-controlling interests resulting from changes in ownership of operating partnership   (2,790)       2,790  
Conversion of common units to shares of common stock $ 4 7,645       (7,650) (1)
Conversion of common units to shares of common stock (in shares) 454            
Balance at Dec. 31, 2025 $ 431 $ 520,899 $ 117,314 $ (179,641) $ 350 $ 8,034 $ 467,387
Balance (in shares) at Dec. 31, 2025 43,093