XML 21 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Class T
Common Stock
Common Stock Class S
Common Stock
Common Stock Class D
Common Stock
Common Stock Class I
Additional Paid-In Capital
Accumulated Deficit and Cumulative Distributions
Total Stockholders' Equity
Non-Controlling Interests
Balance at Dec. 31, 2019 $ 849,247 $ 14 $ 262 $ 17 $ 161 $ 883,506 $ (46,697) $ 837,263 $ 11,984
Common stock issued 421,659 6 94 6 89 421,464   421,659  
Offering costs (20,528)         (20,528)   (20,528)  
Distribution reinvestments 8,364   2   1 8,361   8,364  
Amortization of restricted stock grants 21         21   21  
Common stock repurchased (980)         (980)   (980)  
Net loss (allocated to redeemable non- controlling interest) (40,315)           (39,677) (39,677) (638)
Contributions from non-controlling interests 58,840               58,840
Distributions to non-controlling interests (356)               (356)
Distributions declared on common stock (see Note 10) (16,368)           (16,368) (16,368)  
Allocation to redeemable non- controlling interest (302)         (302)   (302)  
Balance at Mar. 31, 2020 1,259,282 20 358 23 251 1,291,542 (102,742) 1,189,452 69,830
Balance at Dec. 31, 2019 849,247 14 262 17 161 883,506 (46,697) 837,263 11,984
Allocation to redeemable non- controlling interest (792)                
Balance at Sep. 30, 2020 1,376,695 23 409 25 313 1,533,049 (167,721) 1,366,098 10,597
Balance at Mar. 31, 2020 1,259,282 20 358 23 251 1,291,542 (102,742) 1,189,452 69,830
Common stock issued 95,244 2 23 1 17 95,201   95,244  
Offering costs (5,369)         (5,369)   (5,369)  
Distribution reinvestments 10,463   3   2 10,458   10,463  
Amortization of restricted stock grants 21         21   21  
Common stock repurchased (21,374) (1) (5)   (3) (21,365)   (21,374)  
Net loss (allocated to redeemable non- controlling interest) (14,671)           (14,262) (14,262) (409)
Contributions from non-controlling interests 1,352               1,352
Distributions to non-controlling interests (831)               (831)
Repurchase of non-controlling interests (58,837)               (58,837)
Distributions declared on common stock (see Note 10) (19,300)           (19,300) (19,300)  
Allocation to redeemable non- controlling interest (274)         (274)   (274)  
Balance at Jun. 30, 2020 1,245,706 21 379 24 267 1,370,214 (136,304) 1,234,601 11,105
Common stock issued 163,399 2 29 1 46 163,321   163,399  
Offering costs (4,689)         (4,689)   (4,689)  
Distribution reinvestments 10,487   3   1 10,483   10,487  
Amortization of restricted stock grants 38         38   38  
Common stock repurchased (6,108)   (2)   (1) (6,105)   (6,108)  
Net loss (allocated to redeemable non- controlling interest) (10,455)           (10,316) (10,316) (139)
Distributions to non-controlling interests (369)               (369)
Distributions declared on common stock (see Note 10) (21,101)           (21,101) (21,101)  
Allocation to redeemable non- controlling interest (213)         (213)   (213)  
Balance at Sep. 30, 2020 1,376,695 23 409 25 313 1,533,049 (167,721) 1,366,098 10,597
Balance at Dec. 31, 2020 1,606,416 25 464 28 392 1,819,526 (224,198) 1,596,237 10,179
Common stock issued 611,874 2 141 18 121 611,592   611,874  
Offering costs (30,594)         (30,594)   (30,594)  
Distribution reinvestments 14,101   4   2 14,095   14,101  
Amortization of restricted stock grants 53         53   53  
Common stock repurchased (12,259)   (4)   (1) (12,254)   (12,259)  
Net loss (allocated to redeemable non- controlling interest) (19,910)           (19,889) (19,889) (21)
Distributions to non-controlling interests (304)               (304)
Distributions declared on common stock (see Note 10) (30,509)           (30,509) (30,509)  
Allocation to redeemable non- controlling interest (839)         (839)   (839)  
Balance at Mar. 31, 2021 2,138,029 27 605 46 514 2,401,579 (274,596) 2,128,175 9,854
Balance at Dec. 31, 2020 1,606,416 25 464 28 392 1,819,526 (224,198) 1,596,237 10,179
Allocation to redeemable non- controlling interest (5,556)                
Balance at Sep. 30, 2021 4,854,375 40 1,216 188 1,148 5,378,498 (539,203) 4,841,887 12,488
Balance at Mar. 31, 2021 2,138,029 27 605 46 514 2,401,579 (274,596) 2,128,175 9,854
Common stock issued 1,368,383 6 297 45 274 1,367,761   1,368,383  
Offering costs (68,577)         (68,577)   (68,577)  
Distribution reinvestments 17,749   5   3 17,741   17,749  
Amortization of restricted stock grants 162         162   162  
Common stock repurchased (16,827)   (3)   (5) (16,819)   (16,827)  
Net loss (allocated to redeemable non- controlling interest) (44,103)           (43,981) (43,981) (122)
Distributions to non-controlling interests (246)               (246)
Distributions declared on common stock (see Note 10) (45,219)           (45,219) (45,219)  
Allocation to redeemable non- controlling interest (1,465)         (1,465)   (1,465)  
Balance at Jun. 30, 2021 3,347,886 33 904 91 786 3,700,382 (363,796) 3,338,400 9,486
Common stock issued 1,747,984 7 308 97 360 1,747,212   1,747,984  
Offering costs (81,819)         (81,819)   (81,819)  
Distribution reinvestments 26,523   6   5 26,512   26,523  
Amortization of restricted stock grants 161         161   161  
Common stock repurchased (10,703)   (2)   (3) (10,698)   (10,703)  
Net loss (allocated to redeemable non- controlling interest) (109,428)           (109,252) (109,252) (176)
Contributions from non-controlling interests 3,537               3,537
Distributions to non-controlling interests (359)               (359)
Distributions declared on common stock (see Note 10) (66,155)           (66,155) (66,155)  
Allocation to redeemable non- controlling interest (3,252)         (3,252)   (3,252)  
Balance at Sep. 30, 2021 $ 4,854,375 $ 40 $ 1,216 $ 188 $ 1,148 $ 5,378,498 $ (539,203) $ 4,841,887 $ 12,488