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Consolidated Statement of Equity - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid-in Capital
Accumulated Dividends in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests - Unitholders in the Operating Partnership
Beginning Balance (in shares) at Dec. 31, 2022   60,718,653        
Beginning Balance at Dec. 31, 2022 $ 1,185,525 $ 607 $ 1,461,201 $ (251,167) $ 10,624 $ (35,740)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 20,666     16,325   4,341
Forfeiture of restricted stock (in shares)   (818)        
Dividends declared and paid (25,377)     (20,037)   (5,340)
Stock-based compensation 2,035   2,035      
Other comprehensive income (loss) - change in value of interest rate swaps (2,269)       (1,786) (483)
Reclassification of amortization of forward-starting swap included in interest expense (854)       (673) (181)
Ending Balance (in shares) at Mar. 31, 2023   60,717,835        
Ending Balance at Mar. 31, 2023 1,179,726 $ 607 1,463,236 (254,879) 8,165 (37,403)
Beginning Balance (in shares) at Dec. 31, 2022   60,718,653        
Beginning Balance at Dec. 31, 2022 1,185,525 $ 607 1,461,201 (251,167) 10,624 (35,740)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 36,063          
Other comprehensive income (loss) - change in value of interest rate swaps 2,091          
Reclassification of amortization of forward-starting swap included in interest expense (952)          
Ending Balance (in shares) at Jun. 30, 2023   60,724,630        
Ending Balance at Jun. 30, 2023 1,176,116 $ 607 1,465,346 (262,745) 11,524 (38,616)
Beginning Balance (in shares) at Mar. 31, 2023   60,717,835        
Beginning Balance at Mar. 31, 2023 1,179,726 $ 607 1,463,236 (254,879) 8,165 (37,403)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 15,397     12,173   3,224
Issuance of restricted stock (in shares)   10,348        
Forfeiture of restricted stock (in shares)   (3,553)        
Dividends declared and paid (25,379)     (20,039)   (5,340)
Stock-based compensation 2,110   2,110      
Other comprehensive income (loss) - change in value of interest rate swaps 4,360       3,436 924
Reclassification of amortization of forward-starting swap included in interest expense (98)       (77) (21)
Ending Balance (in shares) at Jun. 30, 2023   60,724,630        
Ending Balance at Jun. 30, 2023 $ 1,176,116 $ 607 1,465,346 (262,745) 11,524 (38,616)
Beginning Balance (in shares) at Dec. 31, 2023 60,895,786 60,895,786        
Beginning Balance at Dec. 31, 2023 $ 1,153,675 $ 609 1,469,206 (280,239) 8,282 (44,183)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 24,623     19,456   5,167
Forfeiture of restricted stock (in shares)   (1,295)        
Dividends declared and paid (25,821)     (20,400)   (5,421)
Stock-based compensation 1,617   1,617      
Other comprehensive income (loss) - change in value of interest rate swaps 1,392       1,100 292
Reclassification of amortization of forward-starting swap included in interest expense (98)       (78) (20)
Ending Balance (in shares) at Mar. 31, 2024   60,894,491        
Ending Balance at Mar. 31, 2024 $ 1,155,388 $ 609 1,470,823 (281,183) 9,304 (44,165)
Beginning Balance (in shares) at Dec. 31, 2023 60,895,786 60,895,786        
Beginning Balance at Dec. 31, 2023 $ 1,153,675 $ 609 1,469,206 (280,239) 8,282 (44,183)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 39,917          
Other comprehensive income (loss) - change in value of interest rate swaps 542          
Reclassification of amortization of forward-starting swap included in interest expense $ (197)          
Ending Balance (in shares) at Jun. 30, 2024 60,901,583 60,901,583        
Ending Balance at Jun. 30, 2024 $ 1,145,656 $ 609 1,472,569 (289,486) 8,557 (46,593)
Beginning Balance (in shares) at Mar. 31, 2024   60,894,491        
Beginning Balance at Mar. 31, 2024 1,155,388 $ 609 1,470,823 (281,183) 9,304 (44,165)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 15,294     12,099   3,195
Issuance of restricted stock (in shares)   9,180        
Forfeiture of restricted stock (in shares)   (2,088)        
Dividends declared and paid (25,823)     (20,402)   (5,421)
Stock-based compensation 1,746   1,746      
Other comprehensive income (loss) - change in value of interest rate swaps (850)       (669) (181)
Reclassification of amortization of forward-starting swap included in interest expense $ (99)       (78) (21)
Ending Balance (in shares) at Jun. 30, 2024 60,901,583 60,901,583        
Ending Balance at Jun. 30, 2024 $ 1,145,656 $ 609 $ 1,472,569 $ (289,486) $ 8,557 $ (46,593)