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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Preferred Shares
Common Shares
Total Shareholders’ Equity
Total Shareholders’ Equity
Preferred Shares
Total Shareholders’ Equity
Common Shares
Preferred Shares
Preferred Shares
Preferred Shares
Common Shares
Common Shares
Common Shares
Additional Paid - In Capital
Additional Paid - In Capital
Preferred Shares
Additional Paid - In Capital
Common Shares
Retained earnings (distributions in excess of retained earnings)
Noncontrolling Interest in Operating Partnership
Beginning Balance (in shares) at Dec. 31, 2019             0   46,928,445            
Beginning Balance at Dec. 31, 2019 $ 775,024     $ 762,377     $ 0   $ 469   $ 904,273     $ (142,365) $ 12,647
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares pursuant to Equity Incentive Plan (in shares)                 24,516            
Issuance of shares pursuant to Equity Incentive Plan 450     450             450        
Issuance of shares, net of offering costs (in shares)                   18,664          
Issuance of shares, net of offering costs     $ 163     $ 163       $ 1     $ 162    
Amortization of share based compensation 3,424     22             22       3,402
Dividends declared on common shares (10,331)     (10,331)                   (10,331)  
Distributions declared on LTIP units (233)                           (233)
Reallocation of noncontrolling interest 0     1,114             1,114       (1,114)
Net loss (73,616)     (72,667)                   (72,667) (949)
Ending Balance (in shares) at Sep. 30, 2020             0   46,971,625            
Ending Balance at Sep. 30, 2020 694,881     681,128     $ 0   $ 470   906,021     (225,363) 13,753
Beginning Balance (in shares) at Jun. 30, 2020             0   46,965,827            
Beginning Balance at Jun. 30, 2020 712,144     699,141     $ 0   $ 470   905,977     (207,306) 13,003
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares, net of offering costs (in shares)                   5,798          
Issuance of shares, net of offering costs     37     37             37    
Amortization of share based compensation 1,012     7             7       1,005
Net loss (18,312)     (18,057)                   (18,057) (255)
Ending Balance (in shares) at Sep. 30, 2020             0   46,971,625            
Ending Balance at Sep. 30, 2020 694,881     681,128     $ 0   $ 470   906,021     (225,363) 13,753
Beginning Balance (in shares) at Dec. 31, 2020             0   46,973,473            
Beginning Balance at Dec. 31, 2020 692,460     677,752     $ 0   $ 470   906,000     (228,718) 14,708
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares pursuant to Equity Incentive Plan (in shares)                 50,203            
Issuance of shares pursuant to Equity Incentive Plan 450     450             450        
Issuance of shares, net of offering costs (in shares)               4,800,000   1,744,140          
Issuance of shares, net of offering costs   $ 115,957 23,775   $ 115,957 23,775   $ 48   $ 17   $ 115,909 23,758    
Amortization of share based compensation 3,233     27             27       3,206
Forfeited distributions declared on LTIP units 40                           40
Reallocation of noncontrolling interest 0     1,915             1,915       (1,915)
Dividends accrued on preferred shares (1,988)     (1,988)                   (1,988)  
Net loss (7,399)     (7,221)                   (7,221) (178)
Ending Balance (in shares) at Sep. 30, 2021             4,800,000   48,767,816            
Ending Balance at Sep. 30, 2021 826,528     810,667     $ 48   $ 487   1,048,059     (237,927) 15,861
Beginning Balance (in shares) at Jun. 30, 2021             4,800,000   48,756,555            
Beginning Balance at Jun. 30, 2021 829,059     814,221     $ 48   $ 487   1,048,306     (234,620) 14,838
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares pursuant to Equity Incentive Plan (in shares)                 10,000            
Issuance of shares pursuant to Equity Incentive Plan 0                            
Issuance of shares, net of offering costs (in shares)                   1,261          
Issuance of shares, net of offering costs   $ (263) $ 3   $ (263) $ 3           $ (263) $ 3    
Amortization of share based compensation 1,100     13             13       1,087
Dividends accrued on preferred shares (1,988)     (1,988)                   (1,988)  
Net loss (1,383)     (1,319)                   (1,319) (64)
Ending Balance (in shares) at Sep. 30, 2021             4,800,000   48,767,816            
Ending Balance at Sep. 30, 2021 $ 826,528     $ 810,667     $ 48   $ 487   $ 1,048,059     $ (237,927) $ 15,861