XML 94 R5.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Restricted Stock
Preferred Stock
Total Stockholders’ Equity
Total Stockholders’ Equity
Restricted Stock
Total Stockholders’ Equity
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Common Stock
Common Stock
Restricted Stock
Additional Paid-in Capital
Additional Paid-in Capital
Restricted Stock
Additional Paid-in Capital
Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Non-controlling Interests
Non-controlling Interests
Restricted Stock
Beginning balance (in shares) at Dec. 31, 2016                 65,805,184                
Beginning Balance at Dec. 31, 2016 $ 984,866     $ 984,866         $ 658   $ 1,449,662     $ 0 $ (465,454) $ 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Issuance of new shares (in shares)                 38,210,213                
Issuance of new shares 917,046     917,046         $ 382   916,664            
Common stock issued through distribution reinvestment plan (in shares)                 2,373,256                
Common stock issued through distribution reinvestment plan $ 55,853     55,853         $ 24   55,829            
Common stock repurchases (in shares) (1,225,365)               (1,225,365)                
Common stock repurchases $ (29,058)     (29,058)         $ (12)   (29,046)            
Share-based compensation (in shares)                 8,897                
Share-based compensation, net of forfeitures 128     128             128            
Distributions declared on Common Stock (145,926)     (145,926)                     (145,926)    
Issuances of operating partnership units 4,887                             4,887  
Distributions to non-controlling interest holders (258)                             (258)  
Net loss (46,577)     (46,494)                     (46,494) (83)  
Other comprehensive income (loss) 95     95                   95      
Ending balance (in shares) at Dec. 31, 2017                 105,172,185                
Ending Balance at Dec. 31, 2017 1,741,056     1,736,510         $ 1,052   2,393,237     95 (657,874) 4,546  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Common stock issued through distribution reinvestment plan (in shares)                 990,393                
Common stock issued through distribution reinvestment plan $ 23,248     23,248         $ 10   23,238            
Common stock repurchases (in shares) (412,939)               (1,142,190)                
Common stock repurchases $ (20,531)     (20,531)         $ (11)   (20,520)            
Share-based compensation (in shares)                 127,402                
Share-based compensation, net of forfeitures 5,266     450         $ 1   449         4,816  
Distributions declared on Common Stock (116,539)     (116,539)                     (116,539)    
Distributions to non-controlling interest holders (454)     (225)                     (225) (229)  
Net loss (37,471)     (37,409)                     (37,409) (62)  
Other comprehensive income (loss) (626)     (626)                   (626)      
Vesting and conversion of Class B Units (in shares)                 1,052,420                
Vesting and conversion of Class B Units 15,786     15,786         $ 11   15,775            
Redemption of Class A Units (in shares)                 30,691                
Redemption of Class A Units 0     736             736         (736)  
Ending balance (in shares) at Dec. 31, 2018             0   106,230,901                
Ending Balance at Dec. 31, 2018 1,609,735     1,601,400     $ 0   $ 1,063   2,412,915     (531) (812,047) 8,335  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Issuance of new shares (in shares)               6,917,230 2,229,647                
Issuance of new shares $ 31,601   $ 168,929 31,601   $ 168,929   $ 69 $ 22   31,579   $ 168,860        
Common stock issued through distribution reinvestment plan (in shares) 1,000,000.0                                
Common stock issued through distribution reinvestment plan $ 0                                
Common stock repurchases (in shares)                 (19,870)                
Common stock repurchases (274)     (274)         $ (1)   (273)            
Share-based compensation (in shares)                   34,588              
Share-based compensation, net of forfeitures   $ 12,717     $ 1,072         $ 1   $ 1,071         $ 11,645
Distributions declared on Common Stock (117,100)     (117,100)                     (117,100)    
Distributions to non-controlling interest holders (654)     (494)                     (494) (160)  
Net loss 4,163     4,147                     4,147 16  
Other comprehensive income (loss) 531     531                   531      
Dividends declared on Preferred Stock (7,248)     (7,248)                     (7,248)    
Rebalancing of ownership percentage 0     937             937         (937)  
Ending balance (in shares) at Dec. 31, 2019             6,917,230   108,475,266                
Ending Balance at Dec. 31, 2019 $ 1,702,230     $ 1,683,331     $ 69   $ 1,085   $ 2,615,089     $ 0 $ (932,912) $ 18,899