CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues
Net rental income		$ 144,325	$ 102,806	$ 73,257
Other property revenues		18,136	12,840	8,060
Interest income from related parties		22,255	7,930	17
Total revenues		184,716	123,576	81,334
Expenses
Property operating		67,997	48,346	31,814
Property management fees		4,391	3,185	2,339
General and administrative		19,553	7,541	5,863
Management fees to related parties		0	12,726	6,510
Acquisition and pursuit costs		116	3,233	4,590
Management internalization		0	43,554	63
Weather-related losses, net		288	1,014	0
Depreciation and amortization		62,683	48,624	31,187
Total expenses		155,028	168,223	82,366
Operating income (loss)		29,688	(44,647)	(1,032)
Other income (expense)
Other income		0	17	26
Preferred returns and equity in income of unconsolidated real estate joint ventures		10,312	10,336	11,632
Gain on sale of real estate investments		0	50,163	4,947
Gain on sale of real estate joint venture interests		0	10,262	0
Gain on revaluation of equity of business combination		0	0	3,761
Loss on extinguishment of debt and debt modification costs		(2,277)	(1,639)	(2,393)
Interest expense, net		(52,998)	(31,520)	(19,915)
Total other (expense) income		(44,963)	37,619	(1,942)
Net loss		(15,275)	(7,028)	(2,974)
Preferred stock dividends		(35,637)	(27,023)	(13,763)
Preferred stock accretion		(5,970)	(3,011)	(893)
Net (loss) income attributable to noncontrolling interests
Operating partnership units		(12,839)	(9,372)	(276)
Partially-owned properties		(1,284)	17,989	1,631
Net (loss) income attributable to noncontrolling interests		(14,123)	8,617	1,355
Net loss attributable to common stockholders		$ (42,759)	$ (45,679)	$ (18,985)
Net loss per common share – Basic		$ (1.82)	$ (1.79)	$ (0.91)
Net loss per common share - Diluted		$ (1.82)	$ (1.79)	$ (0.91)
Weighted average basic common shares outstanding	[1]	23,845,800	25,561,673	20,805,852
Weighted average diluted common shares outstanding		23,845,800	25,561,673	20,805,852

[1] For 2018, amounts relate to shares of the Company’s Class A and Class C common stock outstanding. For 2017, amounts relate to shares of Class A and Class C common stock and LTIP Units outstanding. For 2016, amounts relate to shares of the Company’s Class A and B-3 common stock and LTIP Units outstanding.