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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Stockholders Equity Note [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table reconciles the components of basic and diluted net loss (income) per common share (amounts in thousands, except share and per share amounts):
 
 
 
 
 
Year Ended December 31,
  
 
2016
 
2015
 
2014
  
 
(In thousands, except per share data)
Income (loss) from continuing operations
 
$
(2,974
 
$
7,643
 
 
$
(6,674
Net (income) loss from continuing operations attributable to noncontrolling interest
 
 
(1,355
 
 
(5,855
 
 
1,386
 
Preferred share dividends and accretion
 
 
(14,656
 
 
(1,153
 
 
 
Dividends on restricted stock expected to vest
 
 
(4
 
 
(16
 
 
(7
Income (loss) from continuing operations attributable to BRG
 
$
(18,989
 
$
619
 
 
$
(5,295
Income from discontinued operations
 
 
 
 
 
 
 
 
116
 
Income from discontinued operations attributable to BRG
 
 
 
 
 
 
 
 
116
 
Net income (loss) attributable to common stockholders
 
$
(18,989
 
$
619
 
 
$
(5,179
Weighted average shares outstanding, basic(1)
 
 
20,805,852
 
 
 
17,404,348
 
 
 
5,381,787
 
Potential dilutive shares(2)
 
 
 
 
 
12,850
 
 
 
 
Weighted average shares outstanding, diluted(1)
 
 
20,805,852
 
 
 
17,417,198
 
 
 
5,381,787
 
Earnings (loss) per common share, basic
 
 
  
 
 
 
  
 
 
 
  
 
Continuing operations
 
$
(0.91
 
$
0.04
 
 
$
(0.98
Discontinued operations
 
 
 
 
 
 
 
 
0.02
 
  
 
$
(0.91
 
$
0.04
 
 
$
(0.96
Earnings (loss) per common share, diluted
 
 
  
 
 
 
  
 
 
 
  
 
Continuing operations
 
$
(0.91
 
$
0.04
 
 
$
(0.98
Discontinued operations
 
 
 
 
 
 
 
 
0.02
 
  
 
$
(0.91
 
$
0.04
 
 
$
(0.96
 
(1)
For 2016, amounts relate to shares of the Company’s Class A and B-3 common stock and LTIP Units outstanding. For 2015 and 2014, amounts relate to shares of the Company’s Class A, B-1, B-2, and B-3 common stock and LTIP Units outstanding.
(2)
Excludes 4,282 shares of common stock for the year ended December 31, 2016, related to non-vested restricted stock, as the effect would be anti-dilutive. Excludes 5,280 shares of Class B common stock for the year ended December 31, 2014 related to non-vested restricted stock, as the effect would be anti-dilutive.
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the status of the Company’s non-vested shares as of December 31, 2016, 2015 and 2014, is as follows (dollars in thousands): 
 
 
 
Non-Vested shares
 
Shares(1)
 
Weighted average
grant-date
fair value(1)
Balance at January 1, 2014
 
 
6,593
 
 
$
22.75
 
Granted
 
 
 
 
 
 
Vested
 
 
(2,637
 
 
22.75
 
Forfeited
 
 
 
 
 
 
Balance at December 31, 2014
 
 
3,956
 
 
 
22.75
 
Granted
 
 
15,000
 
 
 
13.15
 
Vested
 
 
(4,480
 
 
17.39
 
Forfeited
 
 
 
 
 
 
Balance at December 31, 2015
 
 
14,476
 
 
$
14.46
 
Granted
 
 
7,500
 
 
 
10.33
 
Vested
 
 
(21,317
 
 
12.75
 
Forfeited
 
 
 
 
 
 
Balance at December 31, 2016
 
 
659
 
 
$
22.75
 
 
(1)
The number of shares and per share amounts for the prior period have been retroactively restated to reflect the two reverse stock splits of the Class B common stock discussed above.
Schedule of Dividends Payable [Table Text Block]

Distributions

 
     
 
 
Declaration Date
 
Payable to stockholders
of record as of
 
Amount
 
Date Paid or Payable
Class A common stock
 
 
  
 
 
 
  
 
 
 
  
 
October 7, 2015
 
 
December 25, 2015
 
 
$
0.096667
 
 
 
January 5, 2016
 
January 13, 2016
 
 
January 25, 2016
 
 
$
0.096666
 
 
 
February 5, 2016
 
January 13, 2016
 
 
February 25, 2016
 
 
$
0.096667
 
 
 
March 5, 2016
 
January 13, 2016
 
 
March 24 2016
 
 
$
0.096667
 
 
 
April 5, 2016
 
April 8, 2016
 
 
April 25, 2016
 
 
$
0.096666
 
 
 
May 5, 2016
 
April 8, 2016
 
 
May 25, 2016
 
 
$
0.096667
 
 
 
June 6, 2016
 
April 8, 2016
 
 
June 24, 2016
 
 
$
0.096667
 
 
 
July 5, 2016
 
July 8, 2016
 
 
July 25, 2016
 
 
$
0.096666
 
 
 
August 5, 2016
 
July 8, 2016
 
 
August 25, 2016
 
 
$
0.096667
 
 
 
September 5, 2016
 
July 8, 2016
 
 
September 23, 2016
 
 
$
0.096667
 
 
 
October 5, 2016
 
October 4, 2016
 
 
October 25, 2016
 
 
$
0.096666
 
 
 
November 4, 2016
 
October 4, 2016
 
 
November 25, 2016
 
 
$
0.096667
 
 
 
December 5, 2016
 
October 4, 2016
 
 
December 23, 2016
 
 
$
0.096667
 
 
 
January 5, 2017
 
Class B-3 common stock
 
 
  
 
 
 
  
 
 
 
  
 
October 7, 2015
 
 
December 25, 2015
 
 
$
0.096667
 
 
 
January 5, 2016
 
January 13, 2016
 
 
January 25, 2016
 
 
$
0.096666
 
 
 
February 5, 2016
 
January 13, 2016
 
 
February 25, 2016
 
 
$
0.096667
 
 
 
March 5, 2016
 
Series A Preferred Stock
 
 
  
 
 
 
  
 
 
 
  
 
December 14, 2015
 
 
December 24, 2015
 
 
$
0.401000
 
 
 
January 5, 2016
 
March 11, 2016
 
 
March 24, 2016
 
 
$
0.515625
 
 
 
April 5, 2016
 
June 10, 2016
 
 
June 24, 2016
 
 
$
0.515625
 
 
 
July 5, 2016
 
September 9, 2016
 
 
September 23, 2016
 
 
$
0.515625
 
 
 
October 5, 2016
 
December 9, 2016
 
 
December 23, 2016
 
 
$
0.515625
 
 
 
January 5, 2017
 
Series B Preferred Stock
 
 
  
 
 
 
  
 
 
 
  
 
April 15, 2016
 
 
April 25, 2016
 
 
$
5.00
 
 
 
May 5, 2016
 
May 13, 2016
 
 
May 25, 2016
 
 
$
5.00
 
 
 
June 3, 2016
 
June 10, 2016
 
 
June 24, 2016
 
 
$
5.00
 
 
 
July 5, 2016
 
July 8, 2016
 
 
July 25, 2016
 
 
$
5.00
 
 
 
August 5, 2016
 
July 8, 2016
 
 
August 25, 2016
 
 
$
5.00
 
 
 
September 5, 2016
 
July 8, 2016
 
 
September 23, 2016
 
 
$
5.00
 
 
 
October 5, 2016
 
October 4, 2016
 
 
October 25, 2016
 
 
$
5.00
 
 
 
November 4, 2016
 
October 4, 2016
 
 
November 25, 2016
 
 
$
5.00
 
 
 
December 5, 2016
 
October 4, 2016
 
 
December 23, 2016
 
 
$
5.00
 
 
 
January 5, 2017
 
Series C Preferred Stock
 
 
  
 
 
 
  
 
 
 
  
 
September 9, 2016
 
 
September 23, 2016
 
 
$
0.39184
 
 
 
October 5, 2016
 
December 9, 2016
 
 
December 23, 2016
 
 
$
0.4765625
 
 
 
January 5, 2017
 
Series D Preferred
 
 
  
 
 
 
  
 
 
 
  
 
December 9, 2016
 
 
December 23, 2016
 
 
$
0.3859
 
 
 
January 5, 2017
 
Schedule of Distributions Made to Members or Limited Partners, by Distribution [Table Text Block]
Distributions paid for the year ended December 31, 2016 were as follows (amounts in thousands):
 
 
 
Distributions
2016
 
Declared
 
Paid
First Quarter
 
 
  
 
 
 
  
 
Class A Common Stock
 
$
5,604
 
 
$
5,569
 
Class B-3 Common Stock
 
 
68
 
 
 
102
 
Series A Preferred Stock
 
 
1,482
 
 
 
1,153
 
OP Units
 
 
89
 
 
 
89
 
LTIP Units
 
 
283
 
 
 
270
 
Total first quarter
 
$
7,526
 
 
$
7,183
 
Second Quarter
 
 
  
 
 
 
  
 
Class A Common Stock
 
$
5,674
 
 
$
5,674
 
Series A Preferred Stock
 
 
2,951
 
 
 
1,481
 
Series B Preferred Stock
 
 
18
 
 
 
8
 
OP Units
 
 
89
 
 
 
89
 
LTIP Units
 
 
328
 
 
 
319
 
Total second quarter
 
$
9,060
 
 
$
7,571
 
Third Quarter
 
 
  
 
 
 
  
 
Class A Common Stock
 
$
5,674
 
 
$
5,674
 
Series A Preferred Stock
 
 
2,950
 
 
 
2,951
 
Series B Preferred Stock
 
 
88
 
 
 
54
 
Series C Preferred Stock
 
 
902
 
 
 
 
OP Units
 
 
88
 
 
 
89
 
LTIP Units
 
 
394
 
 
 
348
 
Total third quarter
 
$
10,096
 
 
$
9,116
 
Fourth Quarter
 
 
  
 
 
 
  
 
Class A Common Stock
 
$
5,674
 
 
$
5,674
 
Series A Preferred Stock
 
 
2,950
 
 
 
2,950
 
Series B Preferred Stock
 
 
215
 
 
 
164
 
Series C Preferred Stock
 
 
1,107
 
 
 
902
 
Series D Preferred Stock
 
 
1,100
 
 
 
 
OP Units
 
 
87
 
 
 
87
 
LTIP Units
 
 
450
 
 
 
454
 
Total fourth quarter
 
$
11,583
 
 
$
10,231
 
Total year
 
$
38,265
 
 
$
34,101