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Consolidated Statements of Changes in Equity (Deficit) - USD ($)
$ in Thousands
Total
Total Stockholders’ equity
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Operating Partnership unitholders’ non-controlling interests
Beginning balance at Dec. 31, 2020 $ 119,639 $ 91,990 $ 95 $ 100,812 $ (8,917)   $ 27,649
Beginning balance (in shares) at Dec. 31, 2020     9,464,403        
Net proceeds from sale of common stock 138,461 138,461 $ 90 138,371      
Net proceeds from sale of Common Stock (in shares)     8,969,717        
Issuance of OP Units in connection with acquisition transactions 15,501           15,501
Issuance and amortization of equity-based compensation 3,567 2,392 $ 1 2,391     1,175
Issuance and amortization of equity-based compensation (in shares)     165,599        
Issuance and amortization under ESPP 171 171   171      
Issuance and amortization under ESPP (in shares)     9,104        
Restricted stock withholdings (341) (341)   (341)      
Restricted stock withholding (in shares)     (17,196)        
Dividends declared (15,041) (12,017)     (12,017)   (3,024)
Other comprehensive income 960         $ 766 194
Net income 2,556 2,055     2,055   501
Reallocation of non-controlling interest 0 (3,435)   (3,435)     3,435
Ending balance at Dec. 31, 2021 265,473 220,042 $ 186 237,969 (18,879) 766 45,431
Ending balance (in shares) at Dec. 31, 2021     18,591,627        
Net proceeds from sale of common stock 11,339 11,339 $ 7 11,332      
Net proceeds from sale of Common Stock (in shares)     751,382        
Issuance of OP Units in connection with acquisition transactions 10,884           10,884
Issuance and amortization of equity-based compensation 4,795 3,285 $ 2 3,283     1,510
Issuance and amortization of equity-based compensation (in shares)     226,575        
Issuance and amortization under ESPP 217 217   217      
Issuance and amortization under ESPP (in shares)     13,417        
Restricted stock withholdings (424) (424)   (424)      
Restricted stock withholding (in shares)     (27,729)        
Dividends declared (21,566) (17,532)     (17,532)   (4,034)
Other comprehensive income 8,249 6,720       6,720 1,529
Net income 4,744 3,854     3,854   890
Reallocation of non-controlling interest 0 1,730   1,730     (1,730)
Ending balance at Dec. 31, 2022 $ 283,711 $ 229,231 $ 195 $ 254,107 $ (32,557) $ 7,486 $ 54,480
Ending balance (in shares) at Dec. 31, 2022     19,555,272