XML 20 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-In Capital
Cumulative Distributions
Accumulated Earnings
Accumulated Other Comprehensive (Loss) Income
Non-controlling Interests
BALANCE at Dec. 31, 2018 $ 1,344,286 $ 1,112,083 $ 174 $ 1,556,770 $ (570,977) $ 128,525 $ (2,409) $ 232,203
BALANCE (in shares) at Dec. 31, 2018     174,278,341          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Gross proceeds from issuance of common stock 9,383 9,383   9,383        
Gross proceeds from issuance of common stock (shares)     973,490          
Deferred equity compensation 2,623 2,623   2,623        
Deferred equity compensation (in shares)     260,039          
Cash distributions to common stockholders (89,836) (89,836)     (89,836)      
Issuance of shares for distribution reinvestment plan 220 220 $ 4 41,056 (40,840)      
Issuance of shares for distribution reinvestment plan (shares)     4,298,420          
Repurchase of common stock (296,659) (296,659) $ (30) (296,629)        
Repurchase of common stock (shares)     (31,290,588)          
Reclass of noncontrolling interest subject to redemption 3             3
Reclass of common stock subject to redemption (9,042) (9,042)   (9,042)        
Issuance of limited partnership units 25,000             25,000
Issuance of stock dividend for noncontrolling interest 1,861             1,861
Issuance of stock dividends (1,948) (1,948) $ 2 12,189 (14,139)      
Issuance of stock dividends (shares)     1,279,084          
Issuance of stock related to merger 751,277 746,238 $ 78 746,160       5,039
Issuance of stock related to merger (shares)     78,054,934          
Distributions to noncontrolling interests (19,716)             (19,716)
Distributions to noncontrolling interests subject to redemption (45)             (45)
Offering costs (1,906) (1,906)   (1,906)        
Net income (loss) 28,536 24,787       24,787   3,749
Other comprehensive loss (22,520) (19,466)         (19,466) (3,054)
BALANCE at Dec. 31, 2019 1,721,517 1,476,477 $ 228 2,060,604 (715,792) 153,312 (21,875) 245,040
BALANCE (in shares) at Dec. 31, 2019     227,853,720          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Gross proceeds from issuance of common stock 4,141 4,141   4,141        
Gross proceeds from issuance of common stock (shares)     433,328          
Deferred equity compensation 4,106 4,106   4,106        
Deferred equity compensation (in shares)     436,704          
Shares acquired to satisfy employee tax withholding requirements on vesting restricted stock (751) (751)   (751)        
Shares acquired to satisfy employee tax withholding requirements on vesting restricted stock (shares)     (78,849)          
Cash distributions to common stockholders (69,532) (69,532)     (69,532)      
Issuance of shares for distribution reinvestment plan 1,677 1,677 $ 3 24,494 (22,820)      
Issuance of shares for distribution reinvestment plan (shares)     2,693,560          
Repurchase of common stock (16,519) (16,519) $ (2) (16,517)        
Repurchase of common stock (shares)     (1,841,887)          
Reclass of noncontrolling interest subject to redemption 224             224
Repurchase of noncontrolling interest (1,137)             (1,137)
Reclass of common stock subject to redemption 18,528 18,528   18,528        
Issuance of stock dividend for noncontrolling interest 1,068             1,068
Issuance of stock dividends 1,941 1,941 $ 1 7,688 (5,748)      
Issuance of stock dividends (shares)     824,092          
Issuance of stock related to merger 0              
Distributions to noncontrolling interests (13,306)             (13,306)
Distributions to noncontrolling interests subject to redemption (29)             (29)
Offering costs 735 735   735        
Net income (loss) (14,690) (12,958)       (12,958)   (1,732)
Other comprehensive loss (29,704) (26,126)         (26,126) (3,578)
BALANCE at Dec. 31, 2020 $ 1,608,269 1,381,719 $ 230 2,103,028 (813,892) 140,354 (48,001) 226,550
BALANCE (in shares) at Dec. 31, 2020 230,320,668   230,320,668          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Deferred equity compensation $ 8,890 8,890 $ 1 8,889        
Deferred equity compensation (in shares)     868,759          
Shares acquired to satisfy employee tax withholding requirements on vesting restricted stock (2,874) (2,874)   (2,874)        
Shares acquired to satisfy employee tax withholding requirements on vesting restricted stock (shares)     (316,798)          
Cash distributions to common stockholders (88,262) (88,262)     (88,262)      
Issuance of shares for distribution reinvestment plan 2,478 2,478 $ 3 22,883 (20,408)      
Issuance of shares for distribution reinvestment plan (shares)     2,541,250          
Repurchase of common stock (20,172) (20,172) $ (2) (20,170)        
Repurchase of common stock (shares)     (2,233,435)          
Reclass of noncontrolling interest subject to redemption (159)             (159)
Repurchase of noncontrolling interest               0
Reclass of common stock subject to redemption 2,038 2,038   2,038        
Issuance of stock dividend for noncontrolling interest               0
Issuance of stock related to merger 838,315 838,315 $ 93 838,222        
Issuance of stock related to merger (shares)     93,457,668          
Distributions to noncontrolling interests (10,942)             (10,942)
Distributions to noncontrolling interests subject to redemption (18)             (18)
Offering costs (44) (44)   (44)        
Net income (loss) 1,695 1,629       1,629   66
Other comprehensive loss 32,449 29,293         29,293 3,156
BALANCE at Dec. 31, 2021 $ 2,371,663 $ 2,153,010 $ 325 $ 2,951,972 $ (922,562) $ 141,983 $ (18,708) $ 218,653
BALANCE (in shares) at Dec. 31, 2021 324,638,112   324,638,112