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Condensed Consolidated Statement of Equity - USD ($)
$ in Thousands
Total
Total stockholders' equity
Preferred stock
Common stock
Additional paid-in capital
Distributions in excess of earnings
Accumulated other comprehensive loss
Noncontrolling interests in investment entities
Noncontrolling interests in Operating Partnership
Beginning balance at Dec. 31, 2020 $ 756,802 $ 523,199 $ 171,085 $ 591 $ 472,747 $ (112,356) $ (8,868) $ 488 $ 233,115
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 6,009 5,198       5,198   0 811
Unrealized cash flow hedge gains 2,276 1,685         1,685   591
Realized cash flow hedge losses reclassified to net income 1,078 798         798   280
Net proceeds from issuance of common stock 8,981 8,981   7 8,974        
Noncontrolling interest in acquired real estate entity 0                
Restricted stock awards, net 632 632   1 631        
Redemption of operating partnership units (3) 131   0 131       (134)
Dividends declared on preferred stock (2,887) (2,887)       (2,887)      
Dividends and distributions declared (12,136) (9,008)       (9,008)     (3,128)
Ending balance at Mar. 31, 2021 760,752 528,729 171,085 599 482,483 (119,053) (6,385) 488 231,535
Beginning balance at Dec. 31, 2021 779,823 555,352 171,085 630 525,030 (141,360) (33) 629 223,842
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 12,276 9,993       9,993   100 2,183
Unrealized cash flow hedge gains 7,722 5,907         5,907   1,815
Realized cash flow hedge losses reclassified to net income 787 602         602   185
Net proceeds from issuance of common stock 65,194 65,194   45 65,149        
Noncontrolling interest in acquired real estate entity 23,065             23,065  
Restricted stock awards, net 1,064 1,064   0 1,064        
Acquisitions of noncontrolling interests (3,901) (3,901)     (3,901)        
Redemption of operating partnership units 0 132     132       (132)
Dividends declared on preferred stock (2,887) (2,887)       (2,887)      
Dividends and distributions declared (14,939) (11,433)       (11,433)     (3,506)
Ending balance at Mar. 31, 2022 $ 868,204 $ 620,023 $ 171,085 $ 675 $ 587,474 $ (145,687) $ 6,476 $ 23,794 $ 224,387