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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Shares
Total Shareholders’ Equity
Total Shareholders’ Equity
Common Shares
Preferred Shares
Common Shares
Common Shares
Common Shares
Additional Paid - In Capital
Additional Paid - In Capital
Common Shares
Accumulated Deficit
Noncontrolling Interest in Operating Partnership
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 pursuant to Equity Incentive Plan (in shares)           34,672          
Issuance of shares pursuant to Equity Incentive Plan 487   487     $ 1   486      
Issuance of shares, net of offering costs (in shares)             3,592        
Issuance of shares, net of offering costs   $ (62)   $ (62)         $ (62)    
Amortization of share based compensation 3,727   29         29     3,698
Dividends accrued on preferred shares (5,962)   (5,962)             (5,962)  
Reallocation of noncontrolling interest 0   (1,521)         (1,521)     1,521
Net income (loss) 12,000   11,834             11,834 166
Ending balance (in shares) at Sep. 30, 2022         4,800,000 48,807,154          
Ending balance at Sep. 30, 2022 824,383   802,307   $ 48 $ 488   1,047,002   (245,231) 22,076
Beginning balance (in shares) at Jun. 30, 2022         4,800,000 48,806,107          
Beginning balance at Jun. 30, 2022 812,698   792,144   $ 48 $ 488   1,046,980   (255,372) 20,554
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of shares, net of offering costs (in shares)             1,047        
Issuance of shares, net of offering costs   12   12         12    
Amortization of share based compensation 1,284   10         10     1,274
Dividends accrued on preferred shares (1,987)   (1,987)             (1,987)  
Net income (loss) 12,376   12,128             12,128 248
Ending balance (in shares) at Sep. 30, 2022         4,800,000 48,807,154          
Ending balance at Sep. 30, 2022 824,383   802,307   $ 48 $ 488   1,047,002   (245,231) 22,076
Beginning balance (in shares) at Dec. 31, 2022         4,800,000 48,808,105          
Beginning balance at Dec. 31, 2022 817,997   794,894   $ 48 $ 488   1,047,023   (252,665) 23,103
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of shares pursuant to Equity Incentive Plan (in shares)           45,835          
Issuance of shares pursuant to Equity Incentive Plan 540   540         540      
Issuance of shares, net of offering costs (in shares)             4,187        
Issuance of shares, net of offering costs   44   44         44    
Amortization of share based compensation 4,209   34         34     4,175
Dividends declared on common shares (10,260)   (10,260)             (10,260)  
Distributions declared on LTIP units (544)                   (544)
Dividends accrued on preferred shares (5,962)   (5,962)             (5,962)  
Reallocation of noncontrolling interest 0   (493)         (493)     493
Net income (loss) 11,822   11,624             11,624 198
Ending balance (in shares) at Sep. 30, 2023         4,800,000 48,858,127          
Ending balance at Sep. 30, 2023 817,846   790,421   $ 48 $ 488   1,047,148   (257,263) 27,425
Beginning balance (in shares) at Jun. 30, 2023         4,800,000 48,856,806          
Beginning balance at Jun. 30, 2023 814,487   788,476   $ 48 $ 488   1,047,124   (259,184) 26,011
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of shares, net of offering costs (in shares)             1,321        
Issuance of shares, net of offering costs   $ 12   $ 12         $ 12    
Amortization of share based compensation 1,437   12         12     1,425
Dividends declared on common shares (3,421)   (3,421)             (3,421)  
Distributions declared on LTIP units (181)                   (181)
Dividends accrued on preferred shares (1,987)   (1,987)             (1,987)  
Net income (loss) 7,499   7,329             7,329 170
Ending balance (in shares) at Sep. 30, 2023         4,800,000 48,858,127          
Ending balance at Sep. 30, 2023 $ 817,846   $ 790,421   $ 48 $ 488   $ 1,047,148   $ (257,263) $ 27,425