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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Company’s Stockholders’ Equity
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning Balance (in shares) at Dec. 31, 2017     186,709,000        
Beginning Balance at Dec. 31, 2017 $ 944,799 $ 938,501 $ 1,867 $ 1,681,040 $ (744,090) $ (316) $ 6,298
Increase (Decrease) in Stockholder's Equity              
Share-based payment of advisor asset management fees (in shares)     294,000        
Share-based payment of advisor asset management fees 2,500 2,500 $ 3 2,497      
Issuance and amortization of equity-based compensation 42 42   42      
Non-controlling interests - contributions 71           71
Non-controlling interests - distributions (150)           (150)
Shares redeemed for cash (in shares)     (1,048,000)        
Shares redeemed for cash (8,206) (8,206) $ (11) (8,195)      
Distributions declared (15,560) (15,560)     (15,560)    
Proceeds from distribution reinvestment plan (in shares)     1,274,000        
Proceeds from distribution reinvestment plan 10,831 10,831 $ 13 10,818      
Other comprehensive income (loss) 743 743       743  
Net income (loss) (33,888) (33,668)     (33,668)   (220)
Ending Balance (in shares) at Mar. 31, 2018     187,229,000        
Ending Balance at Mar. 31, 2018 901,182 895,183 $ 1,872 1,686,202 (793,318) 427 5,999
Beginning Balance (in shares) at Dec. 31, 2017     186,709,000        
Beginning Balance at Dec. 31, 2017 944,799 938,501 $ 1,867 1,681,040 (744,090) (316) 6,298
Increase (Decrease) in Stockholder's Equity              
Other comprehensive income (loss) (886)            
Net income (loss) (68,093)            
Ending Balance (in shares) at Jun. 30, 2018     187,466,000        
Ending Balance at Jun. 30, 2018 852,190 846,244 $ 1,874 1,688,734 (843,162) (1,202) 5,946
Beginning Balance (in shares) at Mar. 31, 2018     187,229,000        
Beginning Balance at Mar. 31, 2018 901,182 895,183 $ 1,872 1,686,202 (793,318) 427 5,999
Increase (Decrease) in Stockholder's Equity              
Share-based payment of advisor asset management fees (in shares)     294,000        
Share-based payment of advisor asset management fees 2,500 2,500 $ 3 2,497      
Issuance and amortization of equity-based compensation (in shares)     21,000        
Issuance and amortization of equity-based compensation 42 42   42      
Non-controlling interests - contributions 218           218
Non-controlling interests - distributions (160)           (160)
Shares redeemed for cash (in shares)     (1,003,000)        
Shares redeemed for cash (7,867) (7,867) $ (10) (7,857)      
Distributions declared (15,750) (15,750)     (15,750)    
Proceeds from distribution reinvestment plan (in shares)     925,000        
Proceeds from distribution reinvestment plan 7,859 7,859 $ 9 7,850      
Other comprehensive income (loss) (1,629) (1,629)       (1,629)  
Net income (loss) (34,205) (34,094)     (34,094)   (111)
Ending Balance (in shares) at Jun. 30, 2018     187,466,000        
Ending Balance at Jun. 30, 2018 $ 852,190 846,244 $ 1,874 1,688,734 (843,162) (1,202) 5,946
Beginning Balance (in shares) at Dec. 31, 2018 188,495,355   188,495,000        
Beginning Balance at Dec. 31, 2018 $ 744,374 738,675 $ 1,885 1,697,998 (958,924) (2,284) 5,699
Increase (Decrease) in Stockholder's Equity              
Share-based payment of advisor asset management fees (in shares)     352,000        
Share-based payment of advisor asset management fees 2,500 2,500 $ 4 2,496      
Issuance and amortization of equity-based compensation 45 45   45      
Non-controlling interests - contributions 256           256
Non-controlling interests - distributions (72)           (72)
Shares redeemed for cash (in shares)     (279,000)        
Shares redeemed for cash (1,978) (1,978) $ (3) (1,975)      
Distributions declared (5,413) (5,413)     (5,413)    
Proceeds from distribution reinvestment plan (in shares)     687,000        
Proceeds from distribution reinvestment plan 4,876 4,876 $ 7 4,869      
Other comprehensive income (loss) 200 200       200  
Net income (loss) (18,669) (18,617)     (18,617)   (52)
Ending Balance (in shares) at Mar. 31, 2019     189,255,000        
Ending Balance at Mar. 31, 2019 $ 726,119 720,288 $ 1,893 1,703,433 (982,954) (2,084) 5,831
Beginning Balance (in shares) at Dec. 31, 2018 188,495,355   188,495,000        
Beginning Balance at Dec. 31, 2018 $ 744,374 738,675 $ 1,885 1,697,998 (958,924) (2,284) 5,699
Increase (Decrease) in Stockholder's Equity              
Share-based payment of advisor asset management fees (in shares)     700,000        
Other comprehensive income (loss) (874)            
Net income (loss) $ (36,129)            
Ending Balance (in shares) at Jun. 30, 2019 189,181,904   189,182,000        
Ending Balance at Jun. 30, 2019 $ 706,922 701,410 $ 1,892 1,702,776 (1,000,100) (3,158) 5,512
Beginning Balance (in shares) at Mar. 31, 2019     189,255,000        
Beginning Balance at Mar. 31, 2019 726,119 720,288 $ 1,893 1,703,433 (982,954) (2,084) 5,831
Increase (Decrease) in Stockholder's Equity              
Share-based payment of advisor asset management fees (in shares)     352,000        
Share-based payment of advisor asset management fees 2,500 2,500 $ 4 2,496      
Issuance and amortization of equity-based compensation (in shares)     25,000        
Issuance and amortization of equity-based compensation 46 46   46      
Non-controlling interests - contributions 62           62
Non-controlling interests - distributions (67)           (67)
Shares redeemed for cash (in shares)     (450,000)        
Shares redeemed for cash (3,204) (3,204) $ (5) (3,199)      
Other comprehensive income (loss) (1,074) (1,074)       (1,074)  
Net income (loss) $ (17,460) (17,146)     (17,146)   (314)
Ending Balance (in shares) at Jun. 30, 2019 189,181,904   189,182,000        
Ending Balance at Jun. 30, 2019 $ 706,922 $ 701,410 $ 1,892 $ 1,702,776 $ (1,000,100) $ (3,158) $ 5,512