XML 21 R5.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2016 38,493,430          
Balance at Dec. 31, 2016 $ 385 $ 843,149 $ (286,852) $ 556,682 $ 2,761 $ 559,443
Issuance of common stock, net (in shares) 1,125,403          
Issuance of common stock, net $ 11 18,597 18,608 18,608
Repurchase and retirement of common stock (in shares) (113,091)          
Repurchase and retirement of common stock $ (1) (762) (763) (763)
Net loss before dividends and accretion (71,387) (71,387) (71,387)
Net income (loss) attributable to non-controlling interest 244 244
Dividends paid or declared     (2,014) (2,014)   (2,373)
Dividends paid or declared, Non-controlling Interest         (359)  
Deemed dividend related to beneficial conversion feature of Class C Units 4,535 (4,535)
Cash distributions on Class C Units (7,862) (7,862) (7,862)
Accretion on Class C Units (1,668) (1,668) (1,668)
PIK distributions on Class C Units (5,241) (5,241) (5,241)
Share-based payments 499 499 499
Waiver of obligation from Former Advisor 5,822 5,822 5,822
Less: Net (loss) income attributable to non-controlling interest 244 244
Balance (in shares) at Dec. 31, 2017 39,505,742          
Balance at Dec. 31, 2017 $ 395 871,840 (379,559) 492,676 2,646 495,322
Repurchase and retirement of common stock (in shares) (378,324)          
Repurchase and retirement of common stock $ (4) (3,071) (3,075) (3,075)
Net loss before dividends and accretion (86,138) (86,138) (86,138)
Net income (loss) attributable to non-controlling interest 85 85
Dividends paid or declared, Non-controlling Interest         (196) (196)
Cash distributions on Class C Units (12,498) (12,498) (12,498)
Accretion on Class C Units (2,581) (2,581) (2,581)
PIK distributions on Class C Units (8,332) (8,332) (8,332)
Share-based payments 1,482 1,482 1,482
Less: Net (loss) income attributable to non-controlling interest 85 $ 85
Share-based payments (in shares) 7,210          
Balance (in shares) at Dec. 31, 2018 39,134,628         39,134,628
Balance at Dec. 31, 2018 $ 391 870,251 (489,108) 381,534 2,535 $ 384,069
Repurchase and retirement of common stock (in shares) (2,177)          
Repurchase and retirement of common stock (20) (20) (20)
Net loss before dividends and accretion (163,419) (163,419) (163,419)
Net income (loss) attributable to non-controlling interest (42) (42)
Dividends paid or declared, Non-controlling Interest         (218) (218)
Cash distributions on Class C Units (27,772) (27,772) (27,772)
Accretion on Class C Units (4,798) (4,798) (4,798)
PIK distributions on Class C Units (18,514) (18,514) (18,514)
Less: Net (loss) income attributable to non-controlling interest (42) (42)
Share-based payments (in shares) 18,750          
Share-based payments $ 1 1,483 1,484 $ 1,484
Balance (in shares) at Dec. 31, 2019 39,151,201         39,151,201
Balance at Dec. 31, 2019 $ 392 $ 871,714 $ (703,611) $ 168,495 $ 2,275 $ 170,770