XML 27 R79.htm IDEA: XBRL DOCUMENT v3.20.1
RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENT - Equity Statement (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Increase (Decrease) in Stockholders' Equity                            
Beginning balance $ 190,001 $ 189,475 $ 196,695 $ 203,819 [1] $ 198,762 $ 196,623 $ 193,361 $ 169,541 [1] $ 203,819 [1] $ 169,541 [1] $ 203,819 [1] $ 169,541 [1] $ 203,819 [1] $ 169,541 [1]
Distributions - Common Stock   (3,554) (3,220) (3,221) (3,190) (3,190) (2,970) (2,897)         (13,636) (12,247) [1]
Restricted stock vesting   0 0 0 0 0   0         0 0 [1]
Compensation expense—restricted stock and restricted stock units   372 373 365 320 15 361 297         1,492 995 [1]
Consolidation of investment in limited partnership   0 0 0 0 0 0 0            
Contributions from non-controlling interests   0 0 0 0 0 0 0           0
Distributions to non-controlling interests   (1,134) (39) (46) (35) (62) (10) (2)         (1,257) (107) [1]
Purchase of non-controlling interest   0 0 0 0 0 0 (250)           (251) [1]
Shares issued through equity offering program, net   774 0 0 0 8,489 10,525 1,401         7,518 20,412 [1]
Shares repurchased   0 (46) 0 (120) (41) 0 0         (46) (162)
Net income   4,071 (4,273) (4,213) 8,099 (3,077) (4,651) 25,254 (8,486) 20,603 (4,415) 17,526 1,693 25,625 [1]
Other comprehensive income (loss)   (3) (15) (9) (17) 5 7 17 (24) 24 (27) 29 (23) 13 [1]
Comprehensive income   4,068 (4,288) (4,222) 8,082 (3,072) (4,644) 25,271 (8,510) 20,627 (4,442) 17,555 1,670 25,638 [1]
Ending balance 199,560 $ 190,001 $ 189,475 $ 196,695 $ 203,819 [1] $ 198,762 $ 196,623 $ 193,361 $ 189,475 $ 196,623 $ 190,001 $ 198,762 $ 199,560 $ 203,819 [1]
Dividends paid (in dollars per share)   $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.84 $ 0.80
Treasury stock, shares acquired (in shares)   3,590 3,590                      
Consolidation of investment in limited partnership (40) $ 799 $ 44 $ 34 $ 26 $ 34 $ 38 $ 32 $ 78 $ 70 $ 877 $ 104 $ 837 $ 130 [1]
As Previously Reported                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 275,127 276,785 285,518 290,360 296,485 301,486 291,376 243,347 290,360 243,347 290,360 243,347 290,360 243,347
Distributions - Common Stock   (3,554) (3,220) (3,221) (3,190) (3,190) (2,970) (2,897)           (12,247)
Restricted stock vesting   0 0 0 0 0   0           0
Compensation expense—restricted stock and restricted stock units   372 373 365 323 15 361 297           995
Consolidation of investment in limited partnership   0 0 6,047 0 0 0 12,370            
Contributions from non-controlling interests   1,237 3,027 264 1,435 0 9,930 18,088           41,824
Distributions to non-controlling interests   (3,510) (2,264) (2,345) (15,070) (1,525) (2,163) (32,020)           (50,777)
Purchase of non-controlling interest   0 0 0 (3,454) (4,924) 0 (250)           (8,628)
Shares issued through equity offering program, net   774 0 0 0 8,486 10,525 1,401           20,412
Shares repurchased   0 (46) 0 (120) (41) 0 0           (161)
Net income   3,345 (5,250) (5,083) 15,310 (4,138) (5,971) 49,908 (10,333) 43,937 (6,988) 39,799   55,109
Other comprehensive income (loss)   (322) (1,353) (869) (1,359) 316 398 1,132 (2,222) 1,530 (2,544) 1,846   486
Comprehensive income   3,023 (6,603) (5,952) 13,951 (3,822) (5,573) 51,040 (12,555) 45,467 (9,532) 41,645   55,595
Ending balance   275,127 276,785 285,518 290,360 296,485 301,486 291,376 276,785 301,486 275,127 296,485   290,360
Consolidation of investment in limited partnership   73 (933) (836) 7,237 (1,027) (1,282) 24,686 (1,769) 23,404 (1,696) 22,377   29,614
Restatement Impact                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance (85,126) (87,310) (88,823) (86,541) (97,723) (104,863) (98,015) (73,806) (86,541) (73,806) (86,541) (73,806) (86,541) (73,806)
Distributions - Common Stock   0 0 0 0 0 0 0            
Restricted stock vesting   0 0 0 0 0   0            
Compensation expense—restricted stock and restricted stock units   0 0 0 (3) 0 0 0            
Consolidation of investment in limited partnership   0 0 (6,047) 0 0 0 (12,370)            
Contributions from non-controlling interests   (1,237) (3,027) (264) (1,435) 0 (9,930) (18,088)           (41,824)
Distributions to non-controlling interests   2,376 2,225 2,299 15,035 1,463 2,153 32,018           50,670
Purchase of non-controlling interest   0 0 0 3,454 4,924 0 0           8,376
Shares issued through equity offering program, net   0 0 0 0 3 0 0            
Shares repurchased   0 0 0 0 0 0 0           0
Net income   726 977 870 (7,211) 1,061 1,320 (24,654) 1,847 (23,334) 2,573 (22,273)   (29,484)
Other comprehensive income (loss)   319 1,338 860 1,342 (311) (391) (1,115) 2,198 (1,506) 2,517 (1,817)   (473)
Comprehensive income   1,045 2,315 1,730 (5,869) 750 929 (25,769) 4,045 (24,840) 5,090 (24,090)   (29,957)
Ending balance   (85,126) (87,310) (88,823) (86,541) (97,723) (104,863) (98,015) (87,310) (104,863) (85,126) (97,723)   (86,541)
Consolidation of investment in limited partnership   726 977 870 (7,211) 1,061 1,320 (24,654) 1,847 (23,334) 2,573 (22,273)   (29,484)
Shares of Common Stock                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 152 152 152 150 [1] 150 144 136 133 [1] 150 [1] 133 [1] 150 [1] 133 [1] 150 [1] 133 [1]
Restricted stock vesting       2       1         1 1 [1]
Shares issued through equity offering program, net           6 8 2         4 16 [1]
Ending balance 155 152 152 152 150 [1] 150 144 136 152 144 152 150 155 150 [1]
Shares of Common Stock | As Previously Reported                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 152 152 152 150 150 144 136 133 150 133 150 133 150 133
Restricted stock vesting       2       1           1
Shares issued through equity offering program, net           6 8 2           16
Ending balance   152 152 152 150 150 144 136 152 144 152 150   150
Shares of Common Stock | Restatement Impact                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Ending balance   0 0 0 0 0 0 0 0 0 0 0   0
Additional Paid-In Capital                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 225,209 224,063 223,736 223,373 [1] 223,173 214,716 203,838 202,225 [1] 223,373 [1] 202,225 [1] 223,373 [1] 202,225 [1] 223,373 [1] 202,225 [1]
Restricted stock vesting       (2)       (1)         (1) (1) [1]
Compensation expense—restricted stock and restricted stock units   372 373 365 320 15 361 297         1,492 995 [1]
Purchase of non-controlling interest               (82)           (80) [1]
Shares issued through equity offering program, net   774       8,483 10,517 1,399         7,514 20,396 [1]
Shares repurchased     (46)   (120) (41)             (46) (162) [1]
Ending balance 232,332 225,209 224,063 223,736 223,373 [1] 223,173 214,716 203,838 224,063 214,716 225,209 223,173 232,332 223,373 [1]
Additional Paid-In Capital | As Previously Reported                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 218,817 217,671 217,344 216,981 220,135 214,716 203,838 202,225 216,981 202,225 216,981 202,225 216,981 202,225
Restricted stock vesting       (2)       (1)           (1)
Compensation expense—restricted stock and restricted stock units   372 373 365 323 15 361 297           995
Purchase of non-controlling interest         (3,357) (3,035)   (82)           (6,473)
Shares issued through equity offering program, net   774       8,480 10,517 1,399           20,396
Shares repurchased     (46)   (120) (41)               (161)
Ending balance   218,817 217,671 217,344 216,981 220,135 214,716 203,838 217,671 214,716 218,817 220,135   216,981
Additional Paid-In Capital | Restatement Impact                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 6,392 6,392 6,392 6,392 3,038 0 0 0 6,392 0 6,392 0 6,392 0
Compensation expense—restricted stock and restricted stock units         (3)                  
Purchase of non-controlling interest         3,357 3,035               6,392
Shares issued through equity offering program, net           3                
Ending balance   6,392 6,392 6,392 6,392 3,038 0 0 6,392 0 6,392 3,038   6,392
Accumulated Other Comprehensive Income (Loss)                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance (14) (11) 2 9 [1] 24 20 14 (2) [1] 9 [1] (2) [1] 9 [1] (2) [1] 9 [1] (2) [1]
Other comprehensive income (loss)   (3) (13) (7) (15) 4 6 16         (19) 11 [1]
Ending balance (10) (14) (11) 2 9 [1] 24 20 14 (11) 20 (14) 24 (10) 9 [1]
Accumulated Other Comprehensive Income (Loss) | As Previously Reported                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance (75) 143 1,082 1,688 2,629 2,408 2,132 1,346 1,688 1,346 1,688 1,346 1,688 1,346
Other comprehensive income (loss)   (218) (939) (606) (941) 221 276 786           342
Ending balance   (75) 143 1,082 1,688 2,629 2,408 2,132 143 2,408 (75) 2,629   1,688
Accumulated Other Comprehensive Income (Loss) | Restatement Impact                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 61 (154) (1,080) (1,679) (2,605) (2,388) (2,118) (1,348) (1,679) (1,348) (1,679) (1,348) (1,679) (1,348)
Other comprehensive income (loss)   215 926 599 926 (217) (270) (770)           (331)
Ending balance   61 (154) (1,080) (1,679) (2,605) (2,388) (2,118) (154) (2,388) 61 (2,605)   (1,679)
(Accumulated Deficit)                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance (35,331) (35,049) (27,512) (20,044) [1] (24,927) (18,626) (10,967) (33,292) [1] (20,044) [1] (33,292) [1] (20,044) [1] (33,292) [1] (20,044) [1] (33,292) [1]
Distributions - Common Stock   (3,554) (3,220) (3,221) (3,190) (3,190) (2,970) (2,897)         (13,636) (12,247) [1]
Restricted stock vesting [1]                           0
Net income   3,272 (4,317) (4,247) 8,073 (3,111) (4,689) 25,222         856 25,495 [1]
Ending balance (32,824) (35,331) (35,049) (27,512) (20,044) [1] (24,927) (18,626) (10,967) (35,049) (18,626) (35,331) (24,927) (32,824) (20,044) [1]
(Accumulated Deficit) | As Previously Reported                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance (35,331) (35,049) (27,512) (20,044) (24,927) (18,626) (10,967) (33,292) (20,044) (33,292) (20,044) (33,292) (20,044) (33,292)
Distributions - Common Stock   (3,554) (3,220) (3,221) (3,190) (3,190) (2,970) (2,897)           (12,247)
Net income   3,272 (4,317) (4,247) 8,073 (3,111) (4,689) 25,222           25,495
Ending balance   (35,331) (35,049) (27,512) (20,044) (24,927) (18,626) (10,967) (35,049) (18,626) (35,331) (24,927)   (20,044)
(Accumulated Deficit) | Restatement Impact                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Distributions - Common Stock           0 0              
Ending balance   0 0 0 0 0 0 0 0 0 0 0   0
Non Controlling Interests                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance (15) 320 317 331 [1] 342 369 340 477 [1] 331 [1] 477 [1] 331 [1] 477 [1] 331 [1] 477 [1]
Contributions from non-controlling interests                           0
Distributions to non-controlling interests   (1,134) (39) (46) (35) (62) (10) (2)         (1,257) (107) [1]
Purchase of non-controlling interest               (168)           (171) [1]
Net income   799 44 34 26 34 38 32         837 130 [1]
Other comprehensive income (loss)     (2) (2) (2) 1 1 1         (4) 2 [1]
Ending balance (93) (15) 320 317 331 [1] 342 369 340 320 369 (15) 342 (93) 331 [1]
Non Controlling Interests | As Previously Reported                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance 91,564 93,868 94,452 91,585 98,498 102,844 96,237 72,935 91,585 72,935 91,585 72,935 91,585 72,935
Consolidation of investment in limited partnership       6,047       12,370            
Contributions from non-controlling interests   1,237 3,027 264 1,435   9,930 18,088           41,824
Distributions to non-controlling interests   (3,510) (2,264) (2,345) (15,070) (1,525) (2,163) (32,020)           (50,777)
Purchase of non-controlling interest         (97) (1,889)   (168)           (2,155)
Net income   73 (933) (836) 7,237 (1,027) (1,282) 24,686           29,614
Other comprehensive income (loss)   (104) (414) (263) (418) 95 122 346           144
Ending balance   91,564 93,868 94,452 91,585 98,498 102,844 96,237 93,868 102,844 91,564 98,498   91,585
Non Controlling Interests | Restatement Impact                            
Increase (Decrease) in Stockholders' Equity                            
Beginning balance $ (91,579) (93,548) (94,135) (91,254) (98,156) (102,475) (95,897) (72,458) (91,254) (72,458) (91,254) (72,458) $ (91,254) (72,458)
Consolidation of investment in limited partnership       (6,047)       (12,370)            
Contributions from non-controlling interests   (1,237) (3,027) (264) (1,435)   (9,930) (18,088)           (41,824)
Distributions to non-controlling interests   2,376 2,225 2,299 15,035 1,463 2,153 32,018           50,670
Purchase of non-controlling interest         97 1,889               1,984
Net income   726 977 870 (7,211) 1,061 1,320 (24,654)           (29,484)
Other comprehensive income (loss)   104 412 261 416 (94) (121) (345)           (142)
Ending balance   $ (91,579) $ (93,548) $ (94,135) $ (91,254) $ (98,156) $ (102,475) $ (95,897) $ (93,548) $ (102,475) $ (91,579) $ (98,156)   $ (91,254)
[1] * Amounts restated See footnotes 2 and 16 for more information.