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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, 2019 $ 181,734 $ 138 $ 266,723 $ 661,280 $ (747,417) $ 1,010
Balance, Shares at Dec. 31, 2019   13,757,000        
Shares of Beneficial Interest:            
Issued, net (297)   (297)      
Issued (in shares)   13        
Restricted stock-based compensation expense 417   417      
Dividends and dividend equivalents (18,925)       (18,925)  
Comprehensive income:            
Net income 9,254     9,254    
Unrealized net gain (loss) on cash flow hedges (5,943)         (5,943)
Subtotal - comprehensive income 3,311     9,254   (5,943)
Balance at Jun. 30, 2020 166,240 $ 138 266,843 670,534 (766,342) (4,933)
Balance, Shares at Jun. 30, 2020   13,770,000        
Balance at Mar. 31, 2020 172,440 $ 138 266,970 665,834 (756,841) (3,661)
Balance, Shares at Mar. 31, 2020   13,758,000        
Shares of Beneficial Interest:            
Issued, net (347)   (347)      
Issued (in shares)   12        
Restricted stock-based compensation expense 220   220      
Dividends and dividend equivalents (9,501)       (9,501)  
Comprehensive income:            
Net income 4,700     4,700    
Unrealized net gain (loss) on cash flow hedges (1,272)         (1,272)
Subtotal - comprehensive income 3,428     4,700   (1,272)
Balance at Jun. 30, 2020 166,240 $ 138 266,843 670,534 (766,342) (4,933)
Balance, Shares at Jun. 30, 2020   13,770,000        
Balance at Dec. 31, 2020 159,005 $ 138 267,368 680,727 (785,413) (3,815)
Balance, Shares at Dec. 31, 2020   13,771,000        
Shares of Beneficial Interest:            
Issued, net 106   106      
Issued (in shares)   12        
Repurchased (16)   (16)      
Restricted stock-based compensation expense 493   493      
Dividends and dividend equivalents (19,219)       (19,219)  
Comprehensive income:            
Net income 12,207     12,207    
Unrealized net gain (loss) on cash flow hedges 2,788         2,788
Subtotal - comprehensive income 14,995     12,207   2,788
Balance at Jun. 30, 2021 155,364 $ 138 267,951 692,934 (804,632) (1,027)
Balance, Shares at Jun. 30, 2021   13,783,000        
Balance at Mar. 31, 2021 158,667 $ 138 267,667 686,313 (794,984) (467)
Balance, Shares at Mar. 31, 2021   13,772,000        
Shares of Beneficial Interest:            
Issued, net 49   49      
Issued (in shares)   11        
Repurchased (16)   (16)      
Restricted stock-based compensation expense 251   251      
Dividends and dividend equivalents (9,648)       (9,648)  
Comprehensive income:            
Net income 6,621     6,621    
Unrealized net gain (loss) on cash flow hedges (560)         (560)
Subtotal - comprehensive income 6,061     6,621   (560)
Balance at Jun. 30, 2021 $ 155,364 $ 138 $ 267,951 $ 692,934 $ (804,632) $ (1,027)
Balance, Shares at Jun. 30, 2021   13,783,000