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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 common shares pursuant to Equity Incentive Plan (in shares)           34,672          
Issuance of common shares pursuant to Equity Incentive Plan 487   487     $ 1   486      
Issuance of shares, net of offering costs (in shares)             4,543        
Issuance of shares, net of offering costs   $ (50)   $ (50)         $ (50)    
Amortization of share based compensation 5,011   38         38     4,973
Dividends declared on common shares (3,417)   (3,417)             (3,417)  
Distributions declared on LTIP units (148)                   (148)
Dividends accrued on preferred shares (7,950)   (7,950)             (7,950)  
Reallocation of noncontrolling interest 0   (1,521)         (1,521)     1,521
Net (loss) income 9,871   9,805             9,805 66
Ending Balance (in shares) at Dec. 31, 2022         4,800,000 48,808,105          
Ending 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 common shares pursuant to Equity Incentive Plan (in shares)           43,378          
Issuance of common shares pursuant to Equity Incentive Plan 540   540     $ 0   540      
Issuance of shares, net of offering costs (in shares)           5,896          
Issuance of shares, net of offering costs 59   59         59      
Issuance of restricted time-based shares (in shares)           2,457          
Issuance of restricted time-based shares 0                    
Amortization of share based compensation 5,647   47         47     5,600
Dividends declared on common shares (13,680)   (13,680)             (13,680)  
Distributions declared on LTIP units (725)                   (725)
Dividends accrued on preferred shares (7,950)   (7,950)             (7,950)  
Reallocation of noncontrolling interest 0   (493)         (493)     493
Net (loss) income 2,488   2,644             2,644 (156)
Ending Balance (in shares) at Dec. 31, 2023         4,800,000 48,859,836          
Ending Balance at Dec. 31, 2023 804,376   776,061   $ 48 $ 488   1,047,176   (271,651) 28,315
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of common shares pursuant to Equity Incentive Plan (in shares)           43,670          
Issuance of common shares pursuant to Equity Incentive Plan 471   471     $ 1   470      
Issuance of shares, net of offering costs (in shares)           5,844          
Issuance of shares, net of offering costs (226)   (226)         (226)      
Issuance of restricted time-based shares (in shares)           2,943          
Issuance of restricted time-based shares 0                    
Amortization of share based compensation 5,835   41         41     5,794
Dividends declared on common shares (13,695)   (13,695)             (13,695)  
Distributions declared on LTIP units (858)                   (858)
Forfeited distributions on LTIP units 9                   9
Dividends accrued on preferred shares (7,950)   (7,950)             (7,950)  
Reallocation of noncontrolling interest 0   (649)         (649)     649
Net (loss) income 4,035   4,166             4,166 (131)
Ending Balance (in shares) at Dec. 31, 2024         4,800,000 48,912,293          
Ending Balance at Dec. 31, 2024 $ 791,997   $ 758,219   $ 48 $ 489   $ 1,046,812   $ (289,130) $ 33,778