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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
Common Stock [Member]
Common Stock [Member]
Common Stock [Member]
Common Stock [Member]
Convertible Stock [Member]
Additional Paid- In Capital [Member]
Cumulative Distributions & Net Losses [Member]
Beginning Balance (in shares) at Dec. 31, 2015     76,674,502 1,000    
Beginning Balance at Dec. 31, 2015 $ 406,447,523   $ 766,745 $ 10 $ 677,624,840 $ (271,944,072)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (in shares)     7,500      
Issuance of common stock 0   $ 75   (75)  
Transfers to redeemable common stock (1,000,000)       (1,000,000)  
Redemption of common stock (in shares)     (479,140)      
Repurchase of common stock (5,000,000)   $ (4,791)   (4,995,209)  
Distributions declared (54,828,267)         (54,828,267)
Amortization of stock-based compensation 76,285       76,285  
Change in value of restricted common stock to Advisor 312,353       312,353  
Net income (loss) (25,579,651)         (25,579,651)
Ending Balance (in shares) at Dec. 31, 2016     76,202,862 1,000    
Ending Balance at Dec. 31, 2016 320,428,243   $ 762,029 $ 10 672,018,194 (352,351,990)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (in shares)     7,500      
Issuance of common stock (663,896)   $ 75   (75)  
Redemption of common stock (in shares)     (730,953)      
Repurchase of common stock (8,000,000)   $ (7,310)   (7,992,690)  
Distributions declared (54,339,823) $ (54,339,823)       (54,339,823)
Amortization of stock-based compensation 85,486       85,486  
Net income (loss) 72,473,867         72,473,867
Ending Balance (in shares) at Dec. 31, 2017     75,479,409 1,000    
Ending Balance at Dec. 31, 2017 330,647,773   $ 754,794 $ 10 664,110,915 (334,217,946)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (in shares)     7,500      
Issuance of common stock (3,339,202)   $ 75   (75)  
Redemption of common stock (in shares)     (836,770)      
Repurchase of common stock (8,000,000)   $ (8,367)   (7,991,633)  
Distributions declared (121,054,857) $ (121,054,857)       (121,054,857)
Amortization of stock-based compensation 84,866       84,866  
Net income (loss) 89,083,552         89,083,552
Ending Balance (in shares) at Dec. 31, 2018     74,650,139 1,000    
Ending Balance at Dec. 31, 2018 $ 290,761,334   $ 746,502 $ 10 $ 656,204,073 $ (366,189,251)