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Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common stock
Capital in excess of par value
Cumulative net income
Cumulative dividends
Accumulated other comprehensive income/(loss)
Balance at Dec. 31, 2022 $ 229,101 $ 138 $ 269,472 $ 810,661 $ (863,181) $ 12,011
Balance, Shares at Dec. 31, 2022   13,803        
Shares of Beneficial Interest:            
Issued 38   38      
Issued (in shares)   1        
Restricted stock-based compensation expense 188   188      
Dividends (9,869)       (9,869)  
Comprehensive income:            
Net income 4,459     4,459    
Unrealized net gain/(loss) on cash flow hedges (1,747)         (1,747)
Subtotal - comprehensive income 2,712     4,459   (1,747)
Balance at Mar. 31, 2023 222,170 $ 138 269,698 815,120 (873,050) 10,264
Balance, Shares at Mar. 31, 2023   13,804        
Balance at Dec. 31, 2023 200,934 $ 138 270,398 826,061 (902,975) 7,312
Balance, Shares at Dec. 31, 2023   13,824        
Shares of Beneficial Interest:            
Issued (146)   (146)      
Issued (in shares)   1        
Restricted stock-based compensation expense 202   202      
Dividends (10,023)       (10,023)  
Comprehensive income:            
Net income 5,300     5,300    
Unrealized net gain/(loss) on cash flow hedges 191         191
Subtotal - comprehensive income 5,491     5,300   191
Balance at Mar. 31, 2024 $ 196,458 $ 138 $ 270,454 $ 831,361 $ (912,998) $ 7,503
Balance, Shares at Mar. 31, 2024   13,825