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Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Common stock
Additional Paid-in Capital
Retained Earnings (Deficit)
Cumulative Dividends
Non-controlling interest
OP units
Non-controlling interest
OP units
Total
Balance at Dec. 31, 2015 $ 118 $ 114,783 $ 659 $ (7,188)   $ 30,162   $ 138,534
Balance (in shares) at Dec. 31, 2015 11,979              
Increase (decrease) in shareholders' equity                
Net income (loss)     (481)     (67)   (548)
Grant of unvested restricted stock (in shares) 109              
Issuance of stock under the at-the-market offering, net of costs $ 8 7,592           7,600
Issuance of stock under the at-the-market offering, net of costs (in shares) 697              
Costs incurred related to the at-the-market offering, net of costs of $104               (81)
Conversion of OP units to shares of common stock $ 4 4,183       (4,187)    
Conversion of OP units to shares of common stock (in shares) 428              
Stock based compensation   558           558
Dividends and distributions accrued or paid   (1,170)   (3,282)   (1,509)   (5,961)
Issuance of OP units as partial consideration for asset acquisitions         $ 28,825   $ 28,825  
Reclassification of common units from mezzanine equity           9,518   9,518
Forfeiture of unvested restricted stock   (1)           (1)
Forfeiture of unvested restricted stock (in shares) (4)              
Adjustments to non-controlling interest resulting from changes in ownership of the Operating Partnership   4,193       (4,193)    
Balance at Jun. 30, 2016 $ 130 130,138 178 (10,470)   58,549   178,525
Balance (in shares) at Jun. 30, 2016 13,209              
Balance at Dec. 31, 2016 $ 172 172,100 4,103 (14,473)   53,692   215,594
Balance (in shares) at Dec. 31, 2016 17,351              
Increase (decrease) in shareholders' equity                
Net income (loss)     60     (41)   19
Grant of unvested restricted stock (in shares) 206              
Costs incurred related to the at-the-market offering, net of costs of $104   (104)           (104)
Conversion of OP units to shares of common stock $ 4 4,491       (4,495)    
Conversion of OP units to shares of common stock (in shares) 457              
Stock based compensation   788           788
Dividends and distributions accrued or paid     (1,755) (8,323)   (1,666)   (11,744)
Issuance of common stock as partial consideration for asset acquisition and business combination $ 148 168,835           168,983
Issuance of common stock as partial consideration for asset acquisition and business combination (in shares) 14,815              
Issuance of OP units as partial consideration for business combination           2,493   2,493
Issuance of OP units as partial consideration for asset acquisitions         $ 10,033   $ 10,033  
Adjustments to non-controlling interest resulting from changes in ownership of the Operating Partnership   (3,219)       3,219    
Balance at Jun. 30, 2017 $ 324 $ 342,891 $ 2,408 $ (22,796)   $ 63,235   $ 386,062
Balance (in shares) at Jun. 30, 2017 32,829