XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Series B Preferred Stock
Series D Preferred Stock
Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Series D Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Deficit
Series B Preferred Stock
Accumulated Deficit
Series D Preferred Stock
Noncontrolling Interest in Consolidated Entities
Redeemable Noncontrolling Interests in Operating Partnership
Beginning balance (in shares) at Dec. 31, 2018         4,966 1,600 32,512            
Beginning balance at Dec. 31, 2018 $ 392,085         $ 16 $ 325 $ 512,545 $ (115,410)     $ (5,391) $ 44,885
Beginning balance, temporary equity at Dec. 31, 2018         $ 106,123                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Impact of adoption of new accounting standard (103)               (103)        
Purchase of common stock (in shares)             (17)            
Purchase of common stock (202)             (202)          
Equity-based compensation 978             978         550
Preferred stock offering costs (13)             (13)          
Issuance of restricted shares/units (in shares)             237            
Issuance of restricted shares/units 0           $ 2 (2)         7
Forfeiture of restricted common shares (in shares)             (1)            
Forfeiture of restricted common shares 0                        
Dividends declared – common stock (5,329)               (5,329)        
Dividends declared – preferred stock (825) $ (1,707) $ (825)             $ (1,707) $ (825)    
Distributions to noncontrolling interests 0                       (778)
Redemption/conversion of operating partnership units (in shares)             110            
Redemption/conversion of operating partnership units, temporary equity 1,149           $ 1 1,433 (285)       (1,149)
Net income (loss) (981)                       (440)
Net income (loss) (882)                     99  
Redemption value adjustment (7,935)               (7,935)       7,935
Ending balance (in shares) at Mar. 31, 2019         4,966 1,600 32,841            
Ending balance at Mar. 31, 2019 377,216         $ 16 $ 328 514,739 (132,575)     (5,292) 51,010
Ending balance, temporary equity at Mar. 31, 2019         $ 106,123                
Beginning balance (in shares) at Dec. 31, 2018         4,966 1,600 32,512            
Beginning balance at Dec. 31, 2018 392,085         $ 16 $ 325 512,545 (115,410)     (5,391) 44,885
Beginning balance, temporary equity at Dec. 31, 2018         $ 106,123                
Ending balance (in shares) at Dec. 31, 2019         5,008 1,600 32,885            
Ending balance at Dec. 31, 2019 363,254         $ 16 $ 329 519,551 (150,629)     (6,013) 41,570
Ending balance, temporary equity at Dec. 31, 2019 106,920       $ 106,920                
Common stock, $0.01 par value, 250,000,000 shares authorized, 33,510,912 and 32,885,217 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 329                        
Additional paid-in capital 519,551                        
Accumulated deficit (150,629)                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Purchase of common stock (in shares)             (20)            
Purchase of common stock (82)             (82)          
Equity-based compensation 1,424             1,424         561
Issuance of preferred stock       $ 0 $ 432                
Issuance of preferred stock (in shares)         23                
Issuance of restricted shares/units (in shares)             311            
Issuance of restricted shares/units 0           $ 3 (3)          
Forfeiture of restricted common shares (in shares)             (4)            
Forfeiture of restricted common shares 0                        
Dividends declared – preferred stock (825) $ (1,730) $ (825)             $ (1,730) $ (825)    
Distributions to noncontrolling interests (2,639)                     (2,639)  
Redemption/conversion of operating partnership units (in shares)             339            
Redemption/conversion of operating partnership units, temporary equity 3,454           $ 3 3,451         (3,454)
Net income (loss) (12,930)               (12,930)       (1,885)
Net income (loss) (13,502)                     (572)  
Redemption value adjustment 6               6       (6)
Ending balance (in shares) at Mar. 31, 2020         5,031 1,600 33,511            
Ending balance at Mar. 31, 2020 349,360         $ 16 $ 335 $ 524,341 $ (166,108)     $ (9,224) $ 36,786
Ending balance, temporary equity at Mar. 31, 2020 107,352       $ 107,352                
Common stock, $0.01 par value, 250,000,000 shares authorized, 33,510,912 and 32,885,217 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 335                        
Additional paid-in capital 524,341                        
Accumulated deficit $ (166,108)