XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Total
Class A Common Shares
Class B Common Shares
Total Equity
Total Shareholders' Equity
Common Shares
Common Shares
Class A Common Shares
Common Shares
Class B Common Shares
Preferred Shares
Additional Paid-In Capital
Accumulated Other Comprehensive (Loss) Income
Distributions in Excess of Net Income
Noncontrolling Interest
Common Shares
Beginning Balance at Dec. 31, 2020 $ 0                        
Increase (Decrease) in Temporary Equity                          
Equity Contribution to Consolidated Joint Venture 158,000                        
Adjustment to Record Noncontrolling Interest at Redemption Value 1,968,000                        
Net income (loss) (158,000)                        
Ending Balance at Jun. 30, 2021 1,968,000                        
Balance at the beginning at Dec. 31, 2020       $ 672,249,000 $ 623,003,000   $ 389,000 $ 0 $ 147,000 $ 1,150,985,000 $ (19,275,000) $ (509,243,000) $ 49,246,000
Balance at the beginning (in shares) at Dec. 31, 2020           38,843,482              
Balance at the beginning (in shares) at Dec. 31, 2020                 14,703,214        
Balance at the beginning (in shares) at Dec. 31, 2020                         5,392,808
Increase (Decrease) in Stockholders' Equity                          
Unit Conversion       0 2,872,000   2,000     2,870,000     $ (2,872,000)
Unit Conversion (in shares)           225,000             (225,000)
Dividends and Distributions declared:                          
Preferred Shares       (36,262,000) (36,262,000)             (36,262,000)  
Share Based Compensation:                          
Grants       2,040,000 357,000   1,000     356,000     $ 1,683,000
Grants (in shares)           148,993             794,683
Amortization       3,740,000 1,414,000         1,414,000     $ 2,326,000
Change in Fair Value of Derivative Instruments 9,163,000     9,163,000 8,251,000           8,251,000   912,000
Adjustment to Record Noncontrolling Interest at Redemption Value       (1,968,000) (1,968,000)         (1,968,000)      
Net income (loss) (14,433,000)     (14,275,000) (11,652,000)             (11,652,000) (2,623,000)
Balance at the end at Jun. 30, 2021       634,687,000 586,015,000   392,000 0 $ 147,000 1,153,657,000 (11,024,000) (557,157,000) $ 48,672,000
Balance at the end (in shares) at Jun. 30, 2021           39,217,475              
Balance at the end (in shares) at Jun. 30, 2021                 14,703,214        
Balance at the end (in shares) at Jun. 30, 2021                         5,962,491
Beginning Balance at Mar. 31, 2021 0                        
Increase (Decrease) in Temporary Equity                          
Adjustment to Record Noncontrolling Interest at Redemption Value 1,968,000                        
Ending Balance at Jun. 30, 2021 1,968,000                        
Balance at the beginning at Mar. 31, 2021       661,245,000 612,073,000   $ 391,000 0 $ 147,000 1,154,579,000 (12,509,000) (530,535,000) $ 49,172,000
Balance at the beginning (in shares) at Mar. 31, 2021           39,132,307              
Balance at the beginning (in shares) at Mar. 31, 2021                 14,703,214        
Balance at the beginning (in shares) at Mar. 31, 2021                         5,943,014
Dividends and Distributions declared:                          
Preferred Shares       (6,044,000) (6,044,000)             (6,044,000)  
Share Based Compensation:                          
Grants       431,000 366,000         365,000     $ 65,000
Grants (in shares)           85,168 1,000           19,477
Amortization       2,149,000 681,000         681,000     $ 1,468,000
Change in Fair Value of Derivative Instruments 20,842,000     2,397,000 1,485,000           1,485,000   912,000
Adjustment to Record Noncontrolling Interest at Redemption Value       (1,968,000) (1,968,000)         (1,968,000)      
Net income (loss) (23,523,000)     (23,523,000) (20,578,000)             (20,578,000) (2,945,000)
Balance at the end at Jun. 30, 2021       634,687,000 586,015,000   $ 392,000 0 $ 147,000 1,153,657,000 (11,024,000) (557,157,000) $ 48,672,000
Balance at the end (in shares) at Jun. 30, 2021           39,217,475              
Balance at the end (in shares) at Jun. 30, 2021                 14,703,214        
Balance at the end (in shares) at Jun. 30, 2021                         5,962,491
Beginning Balance at Dec. 31, 2021 2,310,000                        
Ending Balance at Jun. 30, 2022 5,274,000                        
Balance at the beginning at Dec. 31, 2021 $ 608,296,000     608,296,000 557,374,000   394,000 0 $ 147,000 1,155,034,000 (2,747,000) (595,454,000) $ 50,922,000
Balance at the beginning (in shares) at Dec. 31, 2021   39,325,025 0     39,325,025              
Balance at the beginning (in shares) at Dec. 31, 2021 14,703,214               14,703,214        
Balance at the beginning (in shares) at Dec. 31, 2021                         6,926,253
Increase (Decrease) in Stockholders' Equity                          
Issuance Costs/Other         (48,000)         (48,000)      
Unit Conversion         426,000   1,000     425,000     $ (426,000)
Unit Conversion (in shares)           50,000             (50,000)
Dividends and Distributions declared:                          
Preferred Shares       (12,088,000) (12,088,000)             (12,088,000)  
Share Based Compensation:                          
Grants       0 0   1,000     (1,000)     $ 0
Grants (in shares)           139,636             194,427
Amortization       5,840,000 1,921,000         1,921,000     $ 3,919,000
Change in Fair Value of Derivative Instruments $ 2,398,000     20,842,000 18,376,000           18,376,000   2,466,000
Adjustment to Record Noncontrolling Interest at Redemption Value       (2,964,000) (2,964,000)         (2,964,000)      
Net income (loss) (7,754,000)     (7,754,000) (5,409,000)             (5,409,000) (2,345,000)
Balance at the end at Jun. 30, 2022 $ 612,124,000     612,124,000 557,588,000   396,000 0 $ 147,000 1,154,367,000 15,629,000 (612,951,000) $ 54,536,000
Balance at the end (in shares) at Jun. 30, 2022   39,514,661 0     39,514,661              
Balance at the end (in shares) at Jun. 30, 2022 14,703,214               14,703,214        
Balance at the end (in shares) at Jun. 30, 2022                         7,070,680
Beginning Balance at Mar. 31, 2022 $ 4,583,000                        
Increase (Decrease) in Temporary Equity                          
Adjustment to Record Noncontrolling Interest at Redemption Value 691,000                        
Net income (loss) 0                        
Ending Balance at Jun. 30, 2022 5,274,000                        
Balance at the beginning at Mar. 31, 2022       601,004,000 549,195,000   394,000 0 $ 147,000 1,153,486,000 10,908,000 (615,740,000) $ 51,809,000
Balance at the beginning (in shares) at Mar. 31, 2022           39,354,893              
Balance at the beginning (in shares) at Mar. 31, 2022                 14,703,214        
Balance at the beginning (in shares) at Mar. 31, 2022                         6,926,253
Increase (Decrease) in Stockholders' Equity                          
Issuance Costs/Other (10,000)       (10,000)         (10,000)      
Unit Conversion         426,000   1,000     425,000     $ (426,000)
Unit Conversion (in shares)           50,000             (50,000)
Dividends and Distributions declared:                          
Preferred Shares       (6,044,000) (6,044,000)             (6,044,000)  
Share Based Compensation:                          
Grants       1,000 1,000   1,000            
Grants (in shares)           109,768             194,427
Amortization       3,299,000 1,157,000         1,157,000     $ 2,142,000
Change in Fair Value of Derivative Instruments 5,353,000     5,353,000 4,721,000           4,721,000   632,000
Adjustment to Record Noncontrolling Interest at Redemption Value (691,000)       (691,000)         (691,000)      
Net income (loss) 9,212,000     9,212,000 8,833,000             8,833,000 379,000
Balance at the end at Jun. 30, 2022 $ 612,124,000     $ 612,124,000 $ 557,588,000   $ 396,000 $ 0 $ 147,000 $ 1,154,367,000 $ 15,629,000 $ (612,951,000) $ 54,536,000
Balance at the end (in shares) at Jun. 30, 2022   39,514,661 0     39,514,661              
Balance at the end (in shares) at Jun. 30, 2022 14,703,214               14,703,214        
Balance at the end (in shares) at Jun. 30, 2022                         7,070,680