XML 16 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
8.625% Series C Preferred Stock
Preferred Stock
7.875% Series D Preferred Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings (Distributions In Excess of Earnings)
Parent
Non-Controlling Interest
Beginning balance at Dec. 31, 2022 $ 441,314 $ 9 $ 5 $ 5 $ 1,174,202 $ (6,394) $ (732,359) $ 435,468 $ 5,846
Beginning balance (in shares) at Dec. 31, 2022   8,708,100              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Purchase and retirement of common stock (756)       (756)     (756)  
Purchase and retirement of common stock (in shares)   (79,744)              
Stock-based compensation 170       170     170  
Stock-based compensation (in shares)   17,780              
Amortization of stock-based compensation 894       894     894  
Contributions from non-controlling interests 2,332               2,332
Net income 2,293           2,439 2,439 (146)
Distributions and accrual of cumulative preferred stock dividends (4,855)           (4,855) (4,855)  
Amortization of terminated derivatives 393         393   393  
Ending balance at Mar. 31, 2023 441,785 $ 9 5 5 1,174,510 (6,001) (734,775) 433,753 8,032
Ending balance (in shares) at Mar. 31, 2023   8,646,136              
Beginning balance at Dec. 31, 2022 441,314 $ 9 5 5 1,174,202 (6,394) (732,359) 435,468 5,846
Beginning balance (in shares) at Dec. 31, 2022   8,708,100              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 7,851                
Ending balance at Jun. 30, 2023 444,001 $ 9 5 5 1,174,094 (5,604) (733,958) 434,551 9,450
Ending balance (in shares) at Jun. 30, 2023   8,517,595              
Beginning balance at Mar. 31, 2023 441,785 $ 9 5 5 1,174,510 (6,001) (734,775) 433,753 8,032
Beginning balance (in shares) at Mar. 31, 2023   8,646,136              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Purchase and retirement of common stock (1,200)       (1,200)     (1,200)  
Purchase and retirement of common stock (in shares)   (135,416)              
Stock-based compensation 65       65     65  
Stock-based compensation (in shares)   6,875              
Amortization of stock-based compensation 719       719     719  
Contributions from non-controlling interests 1,533               1,533
Net income 5,558           5,673 5,673 (115)
Distributions and accrual of cumulative preferred stock dividends (4,856)           (4,856) (4,856)  
Amortization of terminated derivatives 397         397   397  
Ending balance at Jun. 30, 2023 444,001 $ 9 5 5 1,174,094 (5,604) (733,958) 434,551 9,450
Ending balance (in shares) at Jun. 30, 2023   8,517,595              
Beginning balance at Dec. 31, 2023 $ 446,215 $ 8 5 5 1,169,970 (4,801) (729,391) 435,796 10,419
Beginning balance (in shares) at Dec. 31, 2023 7,878,216 7,878,216              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Purchase and retirement of common stock $ (2,068)       (2,068)     (2,068)  
Purchase and retirement of common stock (in shares)   (194,827)              
Stock-based compensation 19       19     19  
Stock-based compensation (in shares)   1,911              
Amortization of stock-based compensation 477       477     477  
Preferred stock redemption (2,157)       (2,399)   242 (2,157)  
Contributions from non-controlling interests 180               180
Net income 4,924           5,136 5,136 (212)
Distributions and accrual of cumulative preferred stock dividends (4,822)           (4,822) (4,822)  
Amortization of terminated derivatives 397         397   397  
Ending balance at Mar. 31, 2024 443,165 $ 8 5 5 1,165,999 (4,404) (728,835) 432,778 10,387
Ending balance (in shares) at Mar. 31, 2024   7,685,300              
Beginning balance at Dec. 31, 2023 $ 446,215 $ 8 5 5 1,169,970 (4,801) (729,391) 435,796 10,419
Beginning balance (in shares) at Dec. 31, 2023 7,878,216 7,878,216              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 11,321                
Ending balance at Jun. 30, 2024 $ 444,392 $ 8 5 5 1,165,176 (4,006) (727,182) 434,006 10,386
Ending balance (in shares) at Jun. 30, 2024 7,903,175 7,903,175              
Beginning balance at Mar. 31, 2024 $ 443,165 $ 8 5 5 1,165,999 (4,404) (728,835) 432,778 10,387
Beginning balance (in shares) at Mar. 31, 2024   7,685,300              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Purchase and retirement of common stock (1,555)       (1,555)     (1,555)  
Purchase and retirement of common stock (in shares)   (115,458)              
Stock-based compensation (in shares)   333,333              
Offering costs (82)       (82)     (82)  
Amortization of stock-based compensation 814       814     814  
Contributions from non-controlling interests 61               61
Net income 6,397           6,459 6,459 (62)
Distributions and accrual of cumulative preferred stock dividends (4,806)           (4,806) (4,806)  
Amortization of terminated derivatives 398         398   398  
Ending balance at Jun. 30, 2024 $ 444,392 $ 8 $ 5 $ 5 $ 1,165,176 $ (4,006) $ (727,182) $ 434,006 $ 10,386
Ending balance (in shares) at Jun. 30, 2024 7,903,175 7,903,175