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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity
Common Shares
Additional Paid-In Capital
Cumulative Distributions
Accumulated Earnings
Accumulated Other Comprehensive (Loss) Income
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2022     35,999,898          
Beginning balance at Dec. 31, 2022 $ 1,857,323 $ 1,682,668 $ 36 $ 2,948,600 $ (1,036,678) $ (269,926) $ 40,636 $ 174,655
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation (in shares)     172,603          
Share-based compensation 12,040 12,040   12,040        
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (in shares)     (114,420)          
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (2,625) (2,625)   (2,625)        
Dividends declared to common shareholders (39,322) (39,322)     (39,322)      
Share class conversion (in shares)     (69,988)          
Repurchase of common shares (in shares)     (896)          
Repurchase of common shares (60) (60)   (60)        
Reclass of noncontrolling interest subject to redemption 10             10
Exchange of noncontrolling interests (in shares)     316,948          
Exchange of noncontrolling interests 0 27,169   27,169       (27,169)
Reclass of redeemable noncontrolling interest 3,801             3,801
Distributions to noncontrolling interest (2,989)             (2,989)
Distributions to noncontrolling interests subject to redemption (728)             (728)
Offering costs (9) (9)   (9)        
Offering costs on preferred units 4,970 4,970   4,970        
Net loss (612,483) (557,928)       (557,928)   (54,555)
Other comprehensive loss (16,215) (14,819)         (14,819) (1,396)
Ending balance (in shares) at Dec. 31, 2023     36,304,145          
Ending balance at Dec. 31, 2023 1,203,713 1,112,084 $ 36 2,990,085 (1,076,000) (827,854) 25,817 91,629
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation (in shares)     313,511          
Share-based compensation 7,896 7,896 $ 1 7,895        
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (in shares)     (117,976)          
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (1,329) (1,329)   (1,329)        
Dividends declared to common shareholders (33,215) (33,215)     (33,215)      
Exchange of noncontrolling interests (in shares)     233,647          
Exchange of noncontrolling interests 0 20,153   20,153       (20,153)
Distributions to noncontrolling interest (2,840)             (2,840)
Net loss (11,363) (10,425)       (10,425)   (938)
Other comprehensive loss $ (10,840) (9,943)         (9,943) (897)
Ending balance (in shares) at Dec. 31, 2024 36,733,327   36,733,327          
Ending balance at Dec. 31, 2024 $ 1,152,022 1,085,221 $ 37 3,016,804 (1,109,215) (838,279) 15,874 66,801
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation (in shares)     368,860          
Share-based compensation 6,380 6,380   6,380        
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (in shares)     (176,928)          
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (2,503) (2,503)   (2,503)        
Dividends declared to common shareholders (24,327) (24,327)     (24,327)      
Exchange of noncontrolling interests (in shares)     250,908          
Exchange of noncontrolling interests (43) 5,273   5,273       (5,316)
Distributions to noncontrolling interest (1,901)             (1,901)
Net loss (332,633) (307,707)       (307,707)   (24,926)
Other comprehensive loss $ (18,292) (16,912)         (16,912) (1,380)
Ending balance (in shares) at Dec. 31, 2025 37,176,167   37,176,167          
Ending balance at Dec. 31, 2025 $ 778,703 $ 745,425 $ 37 $ 3,025,954 $ (1,133,542) $ (1,145,986) $ (1,038) $ 33,278