XML 15 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid - In Capital
Retained earnings (distributions in excess of retained earnings)
Total Shareholders’ Equity
Noncontrolling Interest in Operating Partnership
Beginning Balance (in shares) at Dec. 31, 2018   46,525,652        
Beginning Balance at Dec. 31, 2018 $ 807,418 $ 465 $ 896,286 $ (99,285) $ 797,466 $ 9,952
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)   27,870        
Issuance of shares pursuant to Equity Incentive Plan 500   500   500  
Issuance of shares, net of offering costs (in shares)   369,414        
Issuance of shares, net of offering costs 6,994 $ 4 6,990   6,994  
Amortization of share based compensation 3,171   47   47 3,124
Dividends, Common Stock (46,298)     (46,298) (46,298)  
Distributions declared on LTIP units (1,001)         (1,001)
Reallocation of noncontrolling interest 0   337   337 (337)
Net loss 21,251     21,052 21,052 199
Ending Balance (in shares) at Sep. 30, 2019   46,922,936        
Ending Balance at Sep. 30, 2019 792,035 $ 469 904,160 (124,531) 780,098 11,937
Beginning Balance (in shares) at Jun. 30, 2019   46,918,383        
Beginning Balance at Jun. 30, 2019 796,597 $ 469 904,069 (119,049) 785,489 11,108
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares, net of offering costs (in shares)   4,553        
Issuance of shares, net of offering costs 75 $ 0 75   75  
Amortization of share based compensation 1,099   16   16 1,083
Dividends, Common Stock (15,484)     (15,484) (15,484)  
Distributions declared on LTIP units (350)         (350)
Net loss 10,098     10,002 10,002 96
Ending Balance (in shares) at Sep. 30, 2019   46,922,936        
Ending Balance at Sep. 30, 2019 792,035 $ 469 904,160 (124,531) 780,098 11,937
Beginning Balance (in shares) at Dec. 31, 2019   46,928,445        
Beginning Balance at Dec. 31, 2019 775,024 $ 469 904,273 (142,365) 762,377 12,647
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)   24,516        
Issuance of shares pursuant to Equity Incentive Plan 450   450   450  
Issuance of shares, net of offering costs (in shares)   18,664        
Issuance of shares, net of offering costs 163 $ 1 162   163  
Amortization of share based compensation 3,424   22   22 3,402
Dividends, Common Stock (10,331)     (10,331) (10,331)  
Distributions declared on LTIP units (233)         (233)
Reallocation of noncontrolling interest 0   1,114   1,114 (1,114)
Net loss (73,616)     (72,667) (72,667) (949)
Ending Balance (in shares) at Sep. 30, 2020   46,971,625        
Ending Balance at Sep. 30, 2020 694,881 $ 470 906,021 (225,363) 681,128 13,753
Beginning Balance (in shares) at Jun. 30, 2020   46,965,827        
Beginning Balance at Jun. 30, 2020 712,144 $ 470 905,977 (207,306) 699,141 13,003
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares, net of offering costs (in shares)   5,798        
Issuance of shares, net of offering costs 37 $ 0 37   37  
Amortization of share based compensation 1,012   7   7 1,005
Net loss (18,312)     (18,057) (18,057) (255)
Ending Balance (in shares) at Sep. 30, 2020   46,971,625        
Ending Balance at Sep. 30, 2020 $ 694,881 $ 470 $ 906,021 $ (225,363) $ 681,128 $ 13,753