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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Additional Paid-in Capital
Distributions in Excess of Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Total
Beginning Balances (in shares) at Dec. 31, 2020 143,041          
Beginning Balances at Dec. 31, 2020 $ 1,430 $ 1,269,146 $ (841,496) $ (27,431) $ 96,242 $ 497,891
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     8,982   776 9,758
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       7,130 761 7,891
Issuance of common stock (in shares) 13,648          
Issuance of common stock $ 136 104,148       104,284
Share-based compensation (in shares) 8          
Share-based compensation   85       85
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (2,300)       (2,300)
Trailing distribution fees   (5,008) 1,241   (2,404) $ (6,171)
Redemptions of common stock (in shares) (4,676)         (4,676)
Redemptions of common stock $ (46) (35,334)       $ (35,380)
Issuances of OP Units for DST Interests         25,941 25,941
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (27,748)   (2,827) (30,575)
Redemption value allocation adjustment to redeemable noncontrolling interest   (185)       (185)
Redemptions of noncontrolling interests   (139)     (2,183) (2,322)
Ending Balances (in shares) at Jun. 30, 2021 152,021          
Ending Balances at Jun. 30, 2021 $ 1,520 1,330,413 (859,021) (20,301) 116,306 568,917
Beginning Balances (in shares) at Mar. 31, 2021 147,292          
Beginning Balances at Mar. 31, 2021 $ 1,473 1,298,328 (837,019) (22,096) 119,665 560,351
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     (8,583)   (923) (9,506)
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       1,795 222 2,017
Issuance of common stock (in shares) 7,161          
Issuance of common stock $ 71 54,859       54,930
Share-based compensation (in shares) 0          
Share-based compensation   38       38
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (1,269)       (1,269)
Trailing distribution fees   (2,826) 655     (2,171)
Redemptions of common stock (in shares) (2,432)          
Redemptions of common stock $ (24) (18,427)       (18,451)
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (14,074)   (1,520) (15,594)
Redemption value allocation adjustment to redeemable noncontrolling interest   (233)       (233)
Redemptions of noncontrolling interests   (57)     (1,138) (1,195)
Ending Balances (in shares) at Jun. 30, 2021 152,021          
Ending Balances at Jun. 30, 2021 $ 1,520 1,330,413 (859,021) (20,301) 116,306 568,917
Beginning Balances (in shares) at Dec. 31, 2021 169,665          
Beginning Balances at Dec. 31, 2021 $ 1,696 1,457,296 (865,844) (13,418) 196,696 776,426
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     15,423   2,618 18,041
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       11,715 1,962 $ 13,677
Issuance of common stock (in shares) 28,844         28,800
Issuance of common stock $ 289 244,237       $ 244,526
Share-based compensation (in shares) 0          
Share-based compensation   100       100
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (5,401)       (5,401)
Trailing distribution fees   (10,372) 2,289   (3,823) $ (11,906)
Redemptions of common stock (in shares) (3,408)         (3,408)
Redemptions of common stock $ (34) (28,466)       $ (28,500)
Issuances of OP Units for DST Interests         39,441 39,441
Other noncontrolling interests net distributions         (23) (23)
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (34,663)   (5,824) (40,487)
Redemption value allocation adjustment to redeemable noncontrolling interest   (1,596)       (1,596)
Redemptions of noncontrolling interests   (503)     (2,862) (3,365)
Ending Balances (in shares) at Jun. 30, 2022 195,101          
Ending Balances at Jun. 30, 2022 $ 1,951 1,655,295 (882,795) (1,703) 228,185 1,000,933
Beginning Balances (in shares) at Mar. 31, 2022 182,042          
Beginning Balances at Mar. 31, 2022 $ 1,820 1,551,814 (860,546) (3,266) 232,692 922,514
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     (5,588)   (919) (6,507)
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       1,563 239 1,802
Issuance of common stock (in shares) 14,679          
Issuance of common stock $ 147 127,869       128,016
Share-based compensation (in shares) 0          
Share-based compensation   50       50
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (3,821)       (3,821)
Trailing distribution fees   (5,335) 1,259     (4,076)
Redemptions of common stock (in shares) (1,620)          
Redemptions of common stock $ (16) (13,929)       (13,945)
Other noncontrolling interests net distributions         (40) (40)
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (17,920)   (2,966) (20,886)
Redemption value allocation adjustment to redeemable noncontrolling interest   (1,114)       (1,114)
Redemptions of noncontrolling interests   (239)     (821) (1,060)
Ending Balances (in shares) at Jun. 30, 2022 195,101          
Ending Balances at Jun. 30, 2022 $ 1,951 $ 1,655,295 $ (882,795) $ (1,703) $ 228,185 $ 1,000,933