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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid In Capital [Member]
Accumulated Distributions and Net Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2019 $ 460,519 $ 36 $ 805,722 $ (338,331) $ (6,908)
Balance, shares at Dec. 31, 2019   35,799,388      
Distributions declared (8,173)     (8,173)  
Rescission of Q1 2020 distribution (see Note 9) 8,173     8,173  
Proceeds from distribution reinvestment plan 4,547   4,547    
Proceeds from distribution reinvestment plan, shares   225,940      
Shares repurchased (127)   (127)    
Shares repurchased, shares   (6,730)      
Unrealized gain (loss) on derivatives (16,497)       (16,497)
Reclassification adjustment for amounts included in net loss 5,837       5,837
Equity based compensation 68   68    
Equity based compensation, shares   3,770      
Net loss (10,388)     (10,388)  
Balance at Dec. 31, 2020 443,959 $ 36 810,210 (348,719) (17,568)
Balance, shares at Dec. 31, 2020   36,022,368      
Distributions declared (14,655)     (14,655)  
Proceeds from distribution reinvestment plan 3,749   3,749    
Proceeds from distribution reinvestment plan, shares   207,373      
Shares repurchased (2,777)   (2,777)    
Shares repurchased, shares   (192,023)      
Unrealized gain (loss) on derivatives 2,445       2,445
Reclassification adjustment for amounts included in net loss 7,654       7,654
Equity based compensation 51   51    
Equity based compensation, shares   3,210      
Net loss (2,503)     (2,503)  
Balance at Dec. 31, 2021 $ 437,923 $ 36 811,233 (365,877) (7,469)
Balance, shares at Dec. 31, 2021 36,040,928 36,040,928      
Distributions declared $ (19,602)     (19,602)  
Proceeds from distribution reinvestment plan 7,287   7,287    
Proceeds from distribution reinvestment plan, shares   371,457      
Shares repurchased (3,645)   (3,645)    
Shares repurchased, shares   (232,273)      
Unrealized gain (loss) on derivatives 40,902       40,902
Reclassification adjustment for amounts included in net loss 737       737
Equity based compensation 74   74    
Equity based compensation, shares   3,946      
Net loss (12,618)     (12,618)  
Balance at Dec. 31, 2022 $ 451,058 $ 36 $ 814,949 $ (398,097) $ 34,170
Balance, shares at Dec. 31, 2022 36,184,058 36,184,058