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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
Accumulated Deficit
Noncontrolling Interest in Operating Partnership
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, net of offering costs (in shares)               4,800,000   1,742,879          
Issuance of shares, net of offering costs   $ 116,220 $ 23,771   $ 116,220 $ 23,771   $ 48   $ 17   $ 116,172 $ 23,754    
Issuance of shares pursuant to Equity Incentive Plan (in shares)                 40,203            
Issuance of shares pursuant to Equity Incentive Plan 450     450             450        
Amortization of share based compensation 2,134     15             15       2,119
Forfeited distributions declared on LTIP units 40                           40
Reallocation of noncontrolling interest 0     1,915             1,915       (1,915)
Net income (loss) (6,016)     (5,902)                   (5,902) (114)
Ending Balance (in shares) at Jun. 30, 2021             4,800,000   48,756,555            
Ending Balance at Jun. 30, 2021 829,059     814,221     $ 48   $ 487   1,048,306     (234,620) 14,838
Beginning Balance (in shares) at Mar. 31, 2021             0   48,518,201            
Beginning Balance at Mar. 31, 2021 717,466     704,148     $ 0   $ 485   929,725     (226,062) 13,318
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares, net of offering costs (in shares)               4,800,000   238,354          
Issuance of shares, net of offering costs   $ 116,220 2,996   $ 116,220 2,996   $ 48   $ 2   $ 116,172 2,994    
Amortization of share based compensation 1,095     7             7       1,088
Reallocation of noncontrolling interest 0     (592)             (592)       592
Net income (loss) (8,718)     (8,558)                   (8,558) (160)
Ending Balance (in shares) at Jun. 30, 2021             4,800,000   48,756,555            
Ending Balance at Jun. 30, 2021 829,059     814,221     $ 48   $ 487   1,048,306     (234,620) 14,838
Beginning Balance (in shares) at Dec. 31, 2021             4,800,000   48,768,890            
Beginning Balance at Dec. 31, 2021 814,193     797,502     $ 48   $ 487   1,048,070     (251,103) 16,691
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares, net of offering costs (in shares)                   2,545          
Issuance of shares, net of offering costs     (74)     (74)       $ 0     (74)    
Issuance of shares pursuant to Equity Incentive Plan (in shares)                 34,672            
Issuance of shares pursuant to Equity Incentive Plan 487     487         $ 1   486        
Amortization of share based compensation 2,443     19             19       2,424
Reallocation of noncontrolling interest 0     (1,521)             (1,521)       1,521
Dividends accrued on preferred shares (3,975)     (3,975)                   (3,975)  
Net income (loss) (376)     (294)                   (294) (82)
Ending Balance (in shares) at Jun. 30, 2022             4,800,000   48,806,107            
Ending Balance at Jun. 30, 2022 812,698     792,144     $ 48   $ 488   1,046,980     (255,372) 20,554
Beginning Balance (in shares) at Mar. 31, 2022             4,800,000   48,804,585            
Beginning Balance at Mar. 31, 2022 804,139     785,031     $ 48   $ 488   1,047,031     (262,536) 19,108
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of shares, net of offering costs (in shares)                   1,522          
Issuance of shares, net of offering costs     $ (61)     $ (61)             $ (61)    
Amortization of share based compensation 1,285     10             10       1,275
Dividends accrued on preferred shares (1,987)     (1,987)                   (1,987)  
Net income (loss) 9,322     9,151                   9,151 171
Ending Balance (in shares) at Jun. 30, 2022             4,800,000   48,806,107            
Ending Balance at Jun. 30, 2022 $ 812,698     $ 792,144     $ 48   $ 488   $ 1,046,980     $ (255,372) $ 20,554