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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Series D Preferred Stock
Series B Preferred Stock
Series E Preferred Stock
Series M Preferred Stock
Preferred Stock
Series D Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Series E Preferred Stock
Preferred Stock
Series M Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Deficit
Series D Preferred Stock
Accumulated Deficit
Series B Preferred Stock
Accumulated Deficit
Series E Preferred Stock
Accumulated Deficit
Series M Preferred Stock
Accumulated Other Comprehensive Income/(loss)
Noncontrolling Interest in Consolidated Entities
Redeemable Noncontrolling Interests in Operating Partnership
Preferred stock, beginning balance (in shares) at Dec. 31, 2024           1,600,000                          
Common stock, beginning balance (in shares) at Dec. 31, 2024                   66,608,000                  
Beginning balance at Dec. 31, 2024 $ 237,362         $ 16       $ 665 $ 718,536 $ (477,804)         $ (684) $ (3,367) $ 29,964
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Purchase of common stock (in shares)                   (19,000)                  
Purchase of common stock (51)                   (51)                
Equity-based compensation (33)                   (33)                
Issuance of restricted shares/units (in shares)                   1,000                  
Issuance of restricted shares/units 4                   4                
Dividends declared - common stock (3,372)                     (3,372)              
Dividends declared – preferred stock   $ (825) $ (1,058) $ (6,616) $ (770)               $ (825) $ (1,058) $ (6,616) $ (770)      
Redemption/conversion of operating partnership units (in shares)                   457,000                  
Redemption/conversion of operating partnership units (2,251)                 $ (4) (2,247)               (2,251)
Net income (loss) 10,934                     10,998           (64)  
Unrealized gain (loss) on investment in securities 779                               779   80
Redemption value adjustment – preferred stock (4,276)                     (4,276)              
Redemption value adjustment 1,148                     1,148              
Preferred stock, ending balance (in shares) at Mar. 31, 2025           1,600,000                          
Ending balance at Mar. 31, 2025 235,477         $ 16       $ 669 720,703 (482,575)         95 (3,431) 26,430
Common stock, ending balance (in shares) at Mar. 31, 2025                   67,047,000                  
Units outstanding at beginning of year (in shares) at Dec. 31, 2024             3,078,000 14,911,000 1,477,000                    
Beginning balance, temporary equity at Dec. 31, 2024             $ 65,426 $ 352,502 $ 36,916                    
Beginning balance at Dec. 31, 2024 237,362         16       $ 665 718,536 (477,804)         (684) (3,367) 29,964
Increase (Decrease) in Temporary Equity [Roll Forward]                                      
Equity-based compensation                                     (15)
Issuance of preferred stock (in shares)               32,000 1,000                    
Issuance of preferred stock               $ 798 $ 39                    
Issuance of restricted shares/units                                     498
Distributions to noncontrolling interests                                     344
Redemption/conversion of operating partnership units (2,251)                 (4) (2,247)               (2,251)
Redemption of operating partnership units for cash                                     (92)
Net income (loss)                                     (262)
Redemptions of preferred stock (in shares)       (1,033,000) (19,000)     (1,033,000) (19,000)                    
Redemptions of preferred stock       $ (25,701) $ (466)     $ (25,701) $ (466)                    
Reclassification of redeemable preferred stock from mezzanine equity to liability 0                                    
Unrealized gain (loss) on investment in securities 779                               779   80
Redemption value adjustment – preferred stock               $ 4,276                      
Redemption value adjustment                                     (1,148)
Units outstanding at end of year (in shares) at Mar. 31, 2025             3,078,000 13,910,000 1,459,000                    
Ending balance, temporary equity at Mar. 31, 2025             $ 65,426 $ 331,875 $ 36,489                    
Ending balance at Mar. 31, 2025 235,477         $ 16       $ 669 720,703 (482,575)         95 (3,431) 26,430
Preferred stock, beginning balance (in shares) at Dec. 31, 2024           1,600,000                          
Common stock, beginning balance (in shares) at Dec. 31, 2024                   66,608,000                  
Beginning balance at Dec. 31, 2024 237,362         $ 16       $ 665 718,536 (477,804)         (684) (3,367) 29,964
Preferred stock, ending balance (in shares) at Dec. 31, 2025   1,600,000       1,600,000                          
Ending balance at Dec. 31, 2025 $ 140,778         $ 16       $ 682 706,488 (568,503)           2,095 19,005
Common stock, ending balance (in shares) at Dec. 31, 2025 68,219,432                 68,219,000                  
Units outstanding at beginning of year (in shares) at Dec. 31, 2024             3,078,000 14,911,000 1,477,000                    
Beginning balance, temporary equity at Dec. 31, 2024             $ 65,426 $ 352,502 $ 36,916                    
Beginning balance at Dec. 31, 2024 $ 237,362         16       $ 665 718,536 (477,804)         $ (684) (3,367) 29,964
Units outstanding at end of year (in shares) at Dec. 31, 2025     3,078,017 10,818,280 1,368,091   3,078,000 10,818,000 1,368,000                    
Ending balance, temporary equity at Dec. 31, 2025     $ 65,426 $ 265,695 $ 34,217   $ 65,426 $ 265,695 $ 34,217                    
Ending balance at Dec. 31, 2025 140,778         $ 16       $ 682 706,488 (568,503)           2,095 19,005
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared - common stock 0                                    
Dividends declared – preferred stock   $ (825) $ (1,058) $ (5,422) $ (735)               $ (825) $ (1,058) $ (5,422) $ (735)      
Redemption/conversion of operating partnership units (in shares)                   460,000                  
Redemption/conversion of operating partnership units (1,391)                 $ (5) (1,386)               (1,391)
Net income (loss) 17,687                     17,704           (17)  
Redemption value adjustment – preferred stock (4,763)                     (4,763)              
Redemption value adjustment 2,036                     2,036              
Preferred stock, ending balance (in shares) at Mar. 31, 2026   1,600,000       1,600,000                          
Ending balance at Mar. 31, 2026 $ 149,089         $ 16       $ 687 707,874 (561,566)           2,078 15,925
Common stock, ending balance (in shares) at Mar. 31, 2026 68,679,318                 68,679,000                  
Beginning balance at Dec. 31, 2025 $ 140,778         16       $ 682 706,488 (568,503)           2,095 19,005
Increase (Decrease) in Temporary Equity [Roll Forward]                                      
Issuance of preferred stock (in shares)               26,000 1,000                    
Issuance of preferred stock               $ 634 $ 43                    
Redemption/conversion of operating partnership units (1,391)                 (5) (1,386)               (1,391)
Net income (loss)                                     347
Redemptions of preferred stock (in shares)       (664,000) (16,000)                            
Redemptions of preferred stock       $ (16,601) $ (404)                            
Reclassification of redeemable preferred stock from mezzanine equity to liability (in shares)               (1,282,000) (32,000)                    
Reclassification of redeemable preferred stock from mezzanine equity to liability (46,719)             $ (32,050) $ (810)                    
Redemption value adjustment – preferred stock               $ 4,763                      
Redemption value adjustment                                     (2,036)
Units outstanding at end of year (in shares) at Mar. 31, 2026     3,078,017 9,561,665 1,337,328   3,078,000 9,562,000 1,337,000                    
Ending balance, temporary equity at Mar. 31, 2026     $ 65,426 $ 239,042 $ 33,450   $ 65,426 $ 239,042 $ 33,450                    
Ending balance at Mar. 31, 2026 $ 149,089         $ 16       $ 687 $ 707,874 $ (561,566)           $ 2,078 $ 15,925