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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Preferred stock
Common stock
Additional paid-in capital
Distributions in excess of earnings
Accumulated other comprehensive loss
Total stockholders' equity (deficit)
Noncontrolling interests in investment entities
Noncontrolling interests in Operating Partnership
Redeemable convertible preferred stock
Redeemable convertible preferred stock
Preferred stock
Redeemable convertible preferred stock
Additional paid-in capital
Redeemable convertible preferred stock
Total stockholders' equity (deficit)
Beginning balance at Dec. 31, 2016 $ 348,978 $ 0 $ 374 $ 197,114 $ (49,345) $ 0 $ 148,143 $ 0 $ 200,835        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 29,925       21,047   21,047   8,878        
Net proceeds from issuance of stock 91,381   74 91,307     91,381            
Restricted stock awards, net of tax withholding 1,443   1 1,442     1,443            
Unrealized cash flow hedge losses 0                        
Realized cash flow hedge losses reclassified to net income 0                        
Noncontrolling interest in acquired real estate entity 0                        
Restricted stock award forfeitures (2)     (2)     (2)            
Acquisitions of noncontrolling interests in real estate investments (511)     (1,493)     (1,493)   982        
Redemption of operating partnership units (5,155)     (961)     (961)   (4,194)        
Dividends and distributions declared (45,776)       (32,868)   (32,868)   (12,908)        
Ending balance at Dec. 31, 2017 420,283 0 449 287,407 (61,166) 0 226,690 0 193,593        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 23,492       17,203   17,203   6,289        
Net proceeds from issuance of stock 65,244   46 65,198     65,244            
Restricted stock awards, net of tax withholding 1,564   2 1,562     1,564            
Unrealized cash flow hedge losses (1,894)         (1,410) (1,410)   (484)        
Realized cash flow hedge losses reclassified to net income 169         127 127   42        
Noncontrolling interest in acquired real estate entity 0                        
Restricted stock award forfeitures (32)     (32)     (32)            
Issuance of operating partnership units for acquisitions 2,196     (5)     (5)   2,201        
Redemption of operating partnership units (2,595)   3 3,223     3,226   (5,821)        
Dividends and distributions declared (52,537)       (38,736)   (38,736)   (13,801)        
Ending balance at Dec. 31, 2018 455,890 0 500 357,353 (82,699) (1,283) 273,871 0 182,019        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 32,258       24,053   24,053 213 7,992        
Net proceeds from issuance of stock 96,845   59 96,786     96,845     $ 61,001 $ 63,250 $ (2,249) $ 61,001
Restricted stock awards, net of tax withholding 2,031   2 2,029     2,031            
Unrealized cash flow hedge losses (4,504)         (3,321) (3,321)   (1,183)        
Realized cash flow hedge losses reclassified to net income 501         364 364   137        
Noncontrolling interest in acquired real estate entity 4,870             4,870          
Restricted stock award forfeitures (7)     (7)     (7)            
Issuance of operating partnership units for acquisitions 72,183     (986)     (986)   73,169        
Redemption of operating partnership units 0   2 2,754     2,756   (2,756)        
Dividends and distributions declared on preferred stock (2,455)       (2,455)   (2,455)     $ (2,500)      
Dividends and distributions declared (621)             (621)          
Dividends and distributions declared on common shares and units 62,378       45,450   45,450   16,928        
Ending balance at Dec. 31, 2019 $ 655,447 $ 63,250 $ 563 $ 455,680 $ (106,676) $ (4,240) $ 408,577 $ 4,462 $ 242,408