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Consolidated Statements of Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2022 4,800,000 48,808,105          
Balance at Dec. 31, 2022 $ 48 $ 488 $ 1,047,023 $ (252,665) $ 794,894 $ 23,103 $ 817,997
Issuance of common shares pursuant to Equity Incentive Plan (in shares) 0 43,378          
Issuance of common shares pursuant to Equity Incentive Plan $ 0 $ 0 540 0 540 0 540
Issuance of common shares, net of offering costs (in shares) 0 5,896          
Issuance of common shares, net of offering costs $ 0 $ 0 59 0 59 0 59
Issuance of restricted time-based shares (in shares) 0 2,457          
Issuance of restricted time-based shares $ 0 $ 0 0 0 0 0 0
Amortization of share based compensation 0 0 47 0 47 5,600 5,647
Dividends declared on common shares 0 0 0 (13,680) (13,680) 0 (13,680)
Distributions declared on LTIP units 0 0 0 0 0 (725) (725)
Dividends accrued on preferred shares 0 0 0 (7,950) (7,950) 0 (7,950)
Reallocation of noncontrolling interest 0 0 (493) 0 (493) 493 0
Book income before income taxes $ 0 $ 0 0 2,644 2,644 (156) 2,488
Balance (in shares) at Dec. 31, 2023 4,800,000 48,859,836          
Balance at Dec. 31, 2023 $ 48 $ 488 1,047,176 (271,651) 776,061 28,315 804,376
Issuance of common shares pursuant to Equity Incentive Plan (in shares) 0 43,670          
Issuance of common shares pursuant to Equity Incentive Plan $ 0 $ 1 470 0 471 0 471
Issuance of common shares, net of offering costs (in shares) 0 5,844          
Issuance of common shares, net of offering costs $ 0 $ 0 (226) 0 (226) 0 (226)
Issuance of restricted time-based shares (in shares) 0 2,943          
Issuance of restricted time-based shares $ 0 $ 0 0 0 0 0 0
Amortization of share based compensation 0 0 41 0 41 5,794 5,835
Dividends declared on common shares 0 0 0 (13,695) (13,695) 0 (13,695)
Distributions declared on LTIP units 0 0 0 0 0 (858) (858)
Dividends accrued on preferred shares 0 0 0 (7,950) (7,950) 0 (7,950)
Reallocation of noncontrolling interest 0 0 (649) 0 (649) 649 0
Book income before income taxes 0 0 0 4,166 4,166 (131) 4,035
Forfeited distributions on LTIP units $ 0 $ 0 0 0 0 9 9
Balance (in shares) at Dec. 31, 2024 4,800,000 48,912,293          
Balance at Dec. 31, 2024 $ 48 $ 489 1,046,812 (289,130) 758,219 33,778 791,997
Issuance of common shares pursuant to Equity Incentive Plan (in shares) 0 61,551          
Issuance of common shares pursuant to Equity Incentive Plan $ 0 $ 1 562 0 563 0 563
Issuance of common shares, net of offering costs (in shares) 0 7,630          
Issuance of common shares, net of offering costs $ 0 $ 0 54 0 54 0 54
Issuance of restricted time-based shares (in shares) 0 8,044          
Issuance of restricted time-based shares $ 0 $ 0 0 0 0 0 0
Amortization of share based compensation 0 0 38 0 38 5,745 5,783
Dividends declared on common shares 0 0 0 (17,500) (17,500) 0 (17,500)
Distributions declared on LTIP units 0 0 0 0 0 (1,288) (1,288)
Dividends accrued on preferred shares 0 0 0 (7,950) (7,950) 0 (7,950)
Reallocation of noncontrolling interest 0 0 763 0 763 (763) 0
Book income before income taxes 0 0 0 15,053 15,053 260 15,313
Forfeited distributions on LTIP units $ 0 $ 0 0 0 0 48 48
Conversion of LTIP units to common shares (in shares) 0 33,396          
Conversion of LTIP units to common shares $ 0 $ 0 533 0 533   0
Conversion of LTIP units to common shares           (533)  
Repurchases of common shares (in shares) 0 (1,314,327)          
Repurchases of common shares $ 0 $ (13) (8,958) 0 (8,971) 0 (8,971)
Balance (in shares) at Dec. 31, 2025 4,800,000 47,708,587          
Balance at Dec. 31, 2025 $ 48 $ 477 $ 1,039,804 $ (299,527) $ 740,802 $ 37,247 $ 778,049