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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Shares of Common Stock
Additional Paid-In Capital
(Accumulated Deficit)
Non-Controlling Interests
Beginning balance at Dec. 31, 2021 $ 202,951 $ 173 $ 258,161 $ (55,378) $ (5)
Increase (Decrease) in Stockholders' Equity          
Distributions - common stock (18,532)     (18,532)  
Restricted stock and restricted stock units vesting 0 2 (2)    
Compensation expense—restricted stock and restricted stock units 4,486   4,486    
Distributions to non-controlling interests (157)       (157)
Shares issued through equity offering program, net 9,945 5 9,940    
Shares issued through DRIP 1,278   1,278    
Net income 50,099     49,955 144
Other comprehensive income 0       0
Comprehensive income 50,099        
Ending balance at Dec. 31, 2022 250,070 180 273,863 (23,955) (18)
Increase (Decrease) in Stockholders' Equity          
Distributions - common stock (18,904)     (18,904)  
Restricted stock and restricted stock units vesting 0 2 (2)    
Compensation expense—restricted stock and restricted stock units 4,768   4,768    
Distributions to non-controlling interests (139)       (139)
Shares issued through DRIP 3,034   3,034    
Shares repurchased (14,399) (7) (14,392)    
Net income 4,015     3,873 142
Ending balance at Dec. 31, 2023 $ 228,445 $ 175 $ 267,271 $ (38,986) $ (15)