XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Preferred Stock
Additional Paid-in Capital
Distributions in Excess of Earnings
Non-controlling Interests
Series A1 Preferred Stock
Series A1 Preferred Stock
Total Stockholders’ Equity
Series A1 Preferred Stock
Common Stock
Series A1 Preferred Stock
Preferred Stock
Series A1 Preferred Stock
Additional Paid-in Capital
Series A1 Preferred Stock
Distributions in Excess of Earnings
Series D Preferred Stock
Series D Preferred Stock
Total Stockholders’ Equity
Series D Preferred Stock
Preferred Stock
Series D Preferred Stock
Distributions in Excess of Earnings
Series A Preferred Stock
Series A Preferred Stock
Total Stockholders’ Equity
Series A Preferred Stock
Common Stock
Series A Preferred Stock
Preferred Stock
Series A Preferred Stock
Additional Paid-in Capital
Series A Preferred Stock
Distributions in Excess of Earnings
Beginning balance (in shares) at Dec. 31, 2023     91,146                                        
Beginning balance at Dec. 31, 2023 $ 376,769 $ 374,403 $ 23 $ 443,829 $ 852,476 $ (921,925) $ 2,366       $ 256,935         $ 1,190         $ 185,704    
Beginning balance (in shares) at Dec. 31, 2023       17,858,629             10,378,343         48,447         7,431,839    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Stock-based compensation expense 55 55     55                                    
Common dividends (1,937) (1,937)       (1,937)                                  
Issuance of Series A1 Preferred Stock (in shares)                     853,879                        
Issuance of Series A1 Preferred Stock               $ 19,066 $ 19,066   $ 21,246 $ (2,180)                      
Redemption of Preferred Stock (in shares)                     (24,046)                   (389,506)    
Redemption of Preferred Stock               (567) (567)   $ (595) 52 $ (24)         $ (9,643) $ (9,643)   $ (9,698) $ 831 $ (776)
Dividends to holders of Preferred Stock               $ (5,251) (5,251)       (5,251) $ (17) $ (17)   $ (17) $ (2,491) (2,491)       (2,491)
Net loss (3,905) (3,730)       (3,730) (175)                                
Ending balance (in shares) at Mar. 31, 2024     91,146                                        
Ending balance at Mar. 31, 2024 $ 372,079 369,888 $ 23 $ 454,782 851,234 (936,151) 2,191       $ 277,586         $ 1,190         $ 176,006    
Ending balance (in shares) at Mar. 31, 2024       18,298,956             11,208,176         48,447         7,042,333    
Beginning balance (in shares) at Dec. 31, 2024 466,176   466,180                                        
Beginning balance at Dec. 31, 2024 $ 306,264 304,516 $ 119 $ 311,903 994,973 (1,002,479) 1,748       $ 207,387         $ 1,190         $ 103,326    
Beginning balance (in shares) at Dec. 31, 2024       12,546,499       8,372,689     8,372,689     48,447   48,447   4,125,363     4,125,363    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Stock-based compensation expense 55 55     55                                    
Par value adjustment 0   $ (107)   107                                    
Redemption of Preferred Stock paid in Common Stock (in shares)                   96,283 194,216                 192,144 104,471    
Redemption of Preferred Stock paid in Common Stock               $ 43 43 $ 5 $ (4,813) $ 4,982 (131)         $ 23 23 $ 3 $ (2,606) $ 2,796 (170)
Redemption of Preferred Stock (in shares)                                   (2,330,186)          
Dividends to holders of Preferred Stock               $ (4,068) $ (4,068)       $ (4,068) $ (17) $ (17)   $ (17) $ (1,393) $ (1,393)       $ (1,393)
Net loss $ (6,272) (6,114)       (6,114) (158)                                
Ending balance (in shares) at Mar. 31, 2025 754,607   754,607                                        
Ending balance at Mar. 31, 2025 $ 294,635 $ 293,045 $ 20 $ 304,484 $ 1,002,913 $ (1,014,372) $ 1,590       $ 202,574         $ 1,190         $ 100,720    
Ending balance (in shares) at Mar. 31, 2025       12,247,812       8,178,473     8,178,473     48,447   48,447   4,020,892     4,020,892