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v3.20.1

Consolidated Statements of Equity - USD ($) $ in Thousands | Total | Common Stock | Additional Paid-in Capital | Accumulated Other Comprehensive Income | Distributions in Excess of Earnings | Non-controlling Interests | Series A Preferred Stock | Series A Preferred Stock Preferred Stock | Series A Preferred Stock Distributions in Excess of Earnings | Series D Preferred Stock | Series D Preferred Stock Preferred Stock | Series D Preferred Stock Distributions in Excess of Earnings | Series L Preferred Stock Preferred Stock
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2018 |  |  | 14,598,357 |  |  |  |  |  | 1,281,804 |  |  |  |  | 8,080,740
Beginning balance at Dec. 31, 2018 |  | $ 617,275 | $ 44 | $ 790,354 | $ 1,806 | $ (436,883) | $ 837 |  | $ 31,866 |  |  |  |  | $ 229,251
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock-based compensation expense |  | 38 |  | 38 |  |  |  |  |  |  |  |  |  |
Common dividends | [1] | (5,474) |  |  |  | (5,474) |  |  |  |  |  |  |  |
Issuance of Series A Preferred Warrants |  | 9 |  | 9 |  |  |  |  |  |  |  |  |  |
Dividends to holders of Preferred Stock |  |  |  |  |  |  |  | $ (1,010) |  | $ (1,010) |  |  |  |
Reclassification of Series A Preferred Stock to permanent equity (in shares) |  |  |  |  |  |  |  |  | 389,577 |  |  |  |  |
Reclassification of Series A Preferred Stock to permanent equity |  | 8,890 |  | (822) |  |  |  |  | $ 9,712 |  |  |  |  |
Redeemable Preferred Stock deemed dividends |  | 0 |  |  |  |  |  |  |  |  |  |  |  |
Redemption of Series A Preferred Stock (in shares) |  |  |  |  |  |  |  |  | (1,500) |  |  |  |  |
Redemption of Series A Preferred Stock |  | (38) |  | (1) |  |  |  |  | $ (37) |  |  |  |  |
Other comprehensive income (loss) |  | (1,806) |  |  | (1,806) |  |  |  |  |  |  |  |  |
Net (loss) income |  | 291,623 |  |  |  | 291,797 | (174) |  |  |  |  |  |  |
Ending balance (in shares) at Mar. 31, 2019 |  |  | 14,598,357 |  |  |  |  |  | 1,669,881 |  |  |  |  | 8,080,740
Ending balance at Mar. 31, 2019 |  | 909,507 | $ 44 | 789,578 | $ 0 | (151,570) | 663 |  | $ 41,541 |  |  |  |  | $ 229,251
Beginning balance (in shares) at Dec. 31, 2019 |  |  | 14,602,149 |  |  |  |  |  | 2,837,094 |  |  | 0 |  | 5,387,160
Beginning balance at Dec. 31, 2019 |  | 278,195 | $ 15 | 794,825 |  | (740,617) | 505 |  | $ 70,633 |  |  | $ 0 |  | $ 152,834
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock-based compensation expense |  | 56 |  | 56 |  |  |  |  |  |  |  |  |  |
Common dividends |  | (1,095) |  |  |  | (1,095) |  |  |  |  |  |  |  |
Issuance of Series A Preferred Warrants |  | 28 |  | 28 |  |  |  |  |  |  |  |  |  |
Dividends to holders of Preferred Stock |  |  |  |  |  |  |  | $ (3,252) |  | $ (3,252) | $ (3) |  | $ (3) |
Issuance of Series D Preferred Stock (in shares) |  |  |  |  |  |  |  |  |  |  |  | 5,980 |  |
Issuance of Series D Preferred Stock |  | 145 |  | (5) |  |  |  |  |  |  |  | $ 150 |  |
Reclassification of Series A Preferred Stock to permanent equity (in shares) |  |  |  |  |  |  |  |  | 304,274 |  |  |  |  |
Reclassification of Series A Preferred Stock to permanent equity |  | 6,948 |  | (640) |  |  |  |  | $ 7,588 |  |  |  |  |
Redeemable Preferred Stock deemed dividends |  | (161) |  |  |  | (161) |  |  |  |  |  |  |  |
Redemption of Series A Preferred Stock (in shares) |  |  |  |  |  |  |  |  | (2,452) |  |  |  |  |
Redemption of Series A Preferred Stock |  | (66) |  | 5 |  | (10) |  |  | $ (61) |  |  |  |  |
Other comprehensive income (loss) |  | 0 |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income |  | (1,256) |  |  |  | (1,260) | 4 |  |  |  |  |  |  |
Ending balance (in shares) at Mar. 31, 2020 |  |  | 14,602,149 |  |  |  |  |  | 3,138,916 |  |  | 5,980 |  | 5,387,160
Ending balance at Mar. 31, 2020 |  | $ 279,539 | $ 15 | $ 794,269 |  | $ (746,398) | $ 509 |  | $ 78,160 |  |  | $ 150 |  | $ 152,834
[1] | All share and per share amounts have been adjusted to give retroactive effect to the one-for-three reverse stock split of our common stock effected on September 3, 2019.

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