XML 21 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ equity
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Operating Partnership unitholders’ non-controlling interests
Beginning balance (in shares) at Dec. 31, 2022     19,555,272        
Beginning balance at Dec. 31, 2022 $ 283,711 $ 229,231 $ 195 $ 254,107 $ 7,486 $ (32,557) $ 54,480
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net proceeds from sale of common stock (in shares)     1,861,407        
Net proceeds from sale of common stock 26,560 26,560 $ 19 26,541      
Issuance of operating partnership units in connection with acquisition transactions 9,619           9,619
Shares issued upon redemption of operating partnership units (in shares)     405,106        
Shares issued upon redemption of operating partnership units 0 6,730 $ 4 6,726     (6,730)
Cash redemption for non-controlling interests (558)           (558)
Issuance and amortization of equity-based compensation (in shares)     153,006        
Issuance and amortization of equity-based compensation 5,802 3,494 $ 1 3,493     2,308
Issuance and amortization under ESPP (in shares)     14,810        
Issuance and amortization under ESPP 215 215   215      
Restricted stock withholding (in shares)     (29,390)        
Restricted stock withholdings (445) (445)   (445)      
Dividends and distributions (24,362) (19,698)       (19,698) (4,664)
Unrealized loss on derivative instruments (3,500) (2,865)     (2,865)   (635)
Net income 4,583 3,709       3,709 874
Reallocation of non-controlling interest 0 (3,369)   (3,369)     3,369
Ending balance (in shares) at Dec. 31, 2023     21,960,211        
Ending balance at Dec. 31, 2023 301,625 243,562 $ 219 287,268 4,621 (48,546) 58,063
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net proceeds from sale of common stock (in shares)     1,420,791        
Net proceeds from sale of common stock 19,451 19,451 $ 14 19,437      
Issuance of operating partnership units in connection with acquisition transactions 9,409           9,409
Shares issued upon redemption of operating partnership units (in shares)     52,778        
Shares issued upon redemption of operating partnership units 0 862 $ 1 861     (862)
Issuance and amortization of equity-based compensation (in shares)     118,887        
Issuance and amortization of equity-based compensation 6,385 3,314 $ 1 3,313     3,071
Issuance and amortization under ESPP (in shares)     14,049        
Issuance and amortization under ESPP 194 194   194      
Restricted stock withholding (in shares)     (45,023)        
Restricted stock withholdings (635) (635)   (635)      
Dividends and distributions (27,987) (22,261)       (22,261) (5,726)
Unrealized loss on derivative instruments 735 609     609   126
Net income 8,321 6,596       6,596 1,725
Reallocation of non-controlling interest 0 (407)   (407)     407
Ending balance (in shares) at Dec. 31, 2024     23,521,693        
Ending balance at Dec. 31, 2024 $ 317,498 $ 251,285 $ 235 $ 310,031 $ 5,230 $ (64,211) $ 66,213