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CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - 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, 2021 $ 437,923 $ 36 $ 811,233 $ (365,877) $ (7,469)
Balance, shares at Dec. 31, 2021   36,040,928      
Distributions declared (9,792)     (9,792)  
Proceeds from distribution reinvestment plan 3,671   3,671    
Proceeds from distribution reinvestment plan, shares   192,419      
Shares repurchased (1,835)   (1,835)    
Shares repurchased, shares   (120,290)      
Unrealized (loss) gain on derivatives 19,141       19,141
Reclassification adjustment for amounts included in net loss 2,840       2,840
Equity-based compensation 37   37    
Equity based compensation, shares   2,471      
Net loss (3,890)     (3,890)  
Balance at Jun. 30, 2022 448,095 $ 36 813,106 (379,559) 14,512
Balance, shares at Jun. 30, 2022   36,115,528      
Balance at Mar. 31, 2022 446,182 $ 36 812,177 (372,029) 5,998
Balance, shares at Mar. 31, 2022   36,079,247      
Distributions declared (4,898)     (4,898)  
Proceeds from distribution reinvestment plan 1,822   1,822    
Proceeds from distribution reinvestment plan, shares   90,178      
Shares repurchased (911)   (911)    
Shares repurchased, shares   (56,368)      
Unrealized (loss) gain on derivatives 7,142       7,142
Reclassification adjustment for amounts included in net loss 1,372       1,372
Equity-based compensation 18   18    
Equity based compensation, shares   2,471      
Net loss (2,632)     (2,632)  
Balance at Jun. 30, 2022 448,095 $ 36 813,106 (379,559) 14,512
Balance, shares at Jun. 30, 2022   36,115,528      
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      
Distributions declared $ (9,813)     (9,813)  
Proceeds from distribution reinvestment plan 3,522   3,522    
Proceeds from distribution reinvestment plan, shares   175,878      
Shares repurchased (2,641)   (2,641)    
Shares repurchased, shares   (165,289)      
Unrealized (loss) gain on derivatives 9,625       9,625
Reclassification adjustment for amounts included in net loss (7,334)       (7,334)
Equity-based compensation 44   44    
Equity based compensation, shares   1,469      
Net loss (7,564)     (7,564)  
Balance at Jun. 30, 2023 $ 436,897 $ 36 815,874 (415,474) 36,461
Balance, shares at Jun. 30, 2023 36,196,116 36,196,116      
Balance at Mar. 31, 2023 $ 433,772 $ 36 815,856 (408,260) 26,140
Balance, shares at Mar. 31, 2023   36,216,874      
Distributions declared (4,901)     (4,901)  
Proceeds from distribution reinvestment plan 1,747   1,747    
Proceeds from distribution reinvestment plan, shares   87,963      
Shares repurchased (1,751)   (1,751)    
Shares repurchased, shares   (110,190)      
Unrealized (loss) gain on derivatives 14,170       14,170
Reclassification adjustment for amounts included in net loss (3,849)       (3,849)
Equity-based compensation 22   22    
Equity based compensation, shares   1,469      
Net loss (2,313)     (2,313)  
Balance at Jun. 30, 2023 $ 436,897 $ 36 $ 815,874 $ (415,474) $ 36,461
Balance, shares at Jun. 30, 2023 36,196,116 36,196,116