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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Series B Preferred Stock
Series D Preferred Stock
Series E Preferred Stock
Common Stock
Common Stock
REIT Merger and Internalization Merger
Class A Units
Total Stockholders’ Equity
Total Stockholders’ Equity
Series A Preferred Stock
Total Stockholders’ Equity
Series B Preferred Stock
Total Stockholders’ Equity
Series D Preferred Stock
Total Stockholders’ Equity
Series E Preferred Stock
Total Stockholders’ Equity
Common Stock
Total Stockholders’ Equity
Common Stock
REIT Merger and Internalization Merger
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Series D Preferred Stock
Preferred Stock
Series E Preferred Stock
Common Stock
Common Stock
Common Stock
Common Stock
Common Stock
REIT Merger and Internalization Merger
Additional Paid-in Capital
Additional Paid-in Capital
Series D Preferred Stock
Additional Paid-in Capital
Series E Preferred Stock
Additional Paid-in Capital
Common Stock
Additional Paid-in Capital
Common Stock
REIT Merger and Internalization Merger
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Accumulated Deficit
Series A Preferred Stock
Accumulated Deficit
Series B Preferred Stock
Accumulated Deficit
Series D Preferred Stock
Accumulated Deficit
Series E Preferred Stock
Non-controlling interest
Non-controlling interest
Common Stock
Non-controlling interest
Class A Units
Beginning balance (in shares) at Dec. 31, 2022                               6,799,467 4,695,887 0 0   104,141,899                              
Beginning balance at Dec. 31, 2022 $ 1,453,919               $ 1,439,021             $ 68 $ 47 $ 0 $ 0   $ 2,371   $ 2,683,169         $ 1,147 $ (1,247,781)         $ 14,898    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                        
Settlement and consulting costs paid with Common Stock (in shares)                                         2,199,832                              
Settlement and consulting costs paid with Common Stock (Note 10) 21,889               21,889                       $ 22   21,867                          
Common stock issued for earned and vested GNL LTIP Units (in shares)                                         883,750                              
Common stock issued for earned and vested GNL LTIP Units           $ 0               $ 27,675             $ 9         $ 27,666                 $ (27,675)  
Common Stock issuance costs           $ (138)               $ (138)                       $ (138)                    
Issuance of stock, net (in shares)                                           123,257,677                            
Issuance of stock, net             $ 1,369,393               $ 1,369,393             $ 1,233         $ 1,368,160                  
Issuance of Restricted Shares (in shares)                                       221,136                                
Issuance of Restricted Shares 2               2                     $ 2                                
Issuance of preferred stock (in shares)                                   7,933,711 4,595,175                                  
Issuance of preferred stock       $ 155,580 $ 90,755     $ 1,287       $ 155,580 $ 90,755         $ 79 $ 46         $ 155,501 $ 90,709                     $ 1,287
Dividends declared, common stock (207,220)               (207,220)                                       (207,220)              
Dividends declared, preferred stock   $ (12,324) $ (8,072) (7,437) (4,236)         $ (12,324) $ (8,072) (7,437) (4,236)                                 $ (12,324) $ (8,072) $ (7,437) $ (4,236)      
Equity-based compensation, net of forfeitures (in shares)                                       287,933                                
Equity-based compensation, net of forfeitures 17,297               4,369                     $ 3     4,366                     12,928    
Common shares repurchased/withheld upon vesting of restricted stock (in shares)                                       (107,030)                                
Common shares repurchased/withheld upon vesting of restricted stock (1,189)               (1,189)                     $ (1)     (1,188)                          
Distributions to non-controlling interest holders (3,204)               (3,163)                                       (3,163)         (41)    
Net loss (211,910)               (211,910)                                       (211,910)              
Cumulative translation adjustment 7,015               7,015                                     7,015                
Designated derivatives, fair value adjustments (22,258)               (22,258)                                     (22,258)                
Ending balance (in shares) at Dec. 31, 2023                               6,799,467 4,695,887 7,933,711 4,595,175   230,885,197                              
Ending balance at Dec. 31, 2023 2,639,149               2,637,752             $ 68 $ 47 $ 79 $ 46   $ 3,639   4,350,112         (14,096) (1,702,143)         1,397    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                        
Dividends declared, common stock (272,883)               (272,883)                                       (272,883)              
Dividends declared, preferred stock   (12,324) (8,072) (14,876) (8,472)         (12,324) (8,072) (14,876) (8,472)                                 (12,324) (8,072) (14,876) (8,472)      
Equity-based compensation, net of forfeitures (in shares)                                       121,900                                
Equity-based compensation, net of forfeitures 8,932               8,932                     $ 1     8,931                          
Common shares repurchased/withheld upon vesting of restricted stock (in shares)                                       (71,815)                                
Common shares repurchased/withheld upon vesting of restricted stock (1,039)               (1,039)                     $ (1)     (1,038)                          
Distributions to non-controlling interest holders (137)                                                                 (137)    
Net loss (131,572)               (131,572)                                       (131,572)              
Cumulative translation adjustment (5,029)               (5,029)                                     (5,029)                
Designated derivatives, fair value adjustments (6,719)               (6,719)                                     (6,719)                
Exchange of Class A Units for Common Stock (in shares)                                       115,857                                
Exchange of Class A Units for Common Stock 0               1,260                     $ 1     1,259                     (1,260)    
Ending balance (in shares) at Dec. 31, 2024                               6,799,467 4,695,887 7,933,711 4,595,175   231,051,139                              
Ending balance at Dec. 31, 2024 2,186,958               2,186,958             $ 68 $ 47 $ 79 $ 46   $ 3,640   4,359,264         (25,844) (2,150,342)         0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                        
Common stock repurchases, net (in shares)                                       (15,434,195)                                
Common stock repurchases, net (120,279)               (120,279)                     $ (154)     (120,125)                          
Dividends declared, common stock (191,877)               (191,877)                                       (191,877)              
Dividends declared, preferred stock   $ (12,324) $ (8,072) $ (14,876) $ (8,471)         $ (12,324) $ (8,072) $ (14,876) $ (8,471)                                 $ (12,324) $ (8,072) $ (14,876) $ (8,471)      
Equity-based compensation, net of forfeitures (in shares)                                       451,786                                
Equity-based compensation, net of forfeitures 11,689               11,689                     $ 5     11,684                          
Common shares repurchased/withheld upon vesting of restricted stock (in shares)                                       (52,483)                                
Common shares repurchased/withheld upon vesting of restricted stock (1,806)               (1,806)                     $ (1)     (1,805)                          
Net loss (225,457)               (225,457)                                       (225,457)              
Cumulative translation adjustment 46,178               46,178                                     46,178                
Designated derivatives, fair value adjustments 1,835               1,835                                     1,835                
Ending balance (in shares) at Dec. 31, 2025                               6,799,467 4,695,887 7,933,711 4,595,175   216,016,247                              
Ending balance at Dec. 31, 2025 $ 1,663,498               $ 1,663,498             $ 68 $ 47 $ 79 $ 46   $ 3,490   $ 4,249,018         $ 22,169 $ (2,611,419)         $ 0