XML 15 R5.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity
Common Shares
Additional Paid - In Capital
Retained earnings (distributions in excess of retained earnings)
Noncontrolling Interest in Operating Partnership
Beginning Balance (in shares) at Dec. 31, 2017     45,375,266      
Beginning Balance at Dec. 31, 2017 $ 809,780 $ 803,162 $ 450 $ 871,730 $ (69,018) $ 6,618
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)     21,670      
Issuance of shares pursuant to Equity Incentive Plan 500 500   500    
Issuance of shares, net of offering costs (in shares)     472,664      
Issuance of shares, net of offering costs 10,282 10,282 $ 9 10,273    
Issuance of restricted time-based shares (in shares)     5,000      
Issuance of restricted time-based shares 0          
Amortization of share based compensation 792 64   64   728
Dividends declared on common shares (15,141) (15,141)     (15,141)  
Distributions declared on LTIP units (283)         (283)
Reallocation of noncontrolling interest 0 19   19   (19)
Net income 2,868 2,848     2,848 20
Ending Balance (in shares) at Mar. 31, 2018     45,874,600      
Ending Balance at Mar. 31, 2018 808,798 801,734 $ 459 882,586 (81,311) 7,064
Beginning Balance (in shares) at Dec. 31, 2018     46,525,652      
Beginning Balance at Dec. 31, 2018 807,418 797,466 $ 465 896,286 (99,285) 9,952
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)     27,870      
Issuance of shares pursuant to Equity Incentive Plan 500 500   500    
Issuance of shares, net of offering costs (in shares)     17,483      
Issuance of shares, net of offering costs 93 93 $ 1 92    
Amortization of share based compensation 947 16   16   931
Dividends declared on common shares (15,367) (15,367)     (15,367)  
Distributions declared on LTIP units (302)         (302)
Reallocation of noncontrolling interest 0 267   267   (267)
Net income 1,628 1,613     1,613 15
Ending Balance (in shares) at Mar. 31, 2019     46,571,005      
Ending Balance at Mar. 31, 2019 $ 794,917 $ 784,588 $ 466 $ 897,161 $ (113,039) $ 10,329