XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
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, 2020 $ 159,005 $ 138 $ 267,368 $ 680,727 $ (785,413) $ (3,815)
Balance, Shares at Dec. 31, 2020   13,771        
Shares of Beneficial Interest:            
Issued, net 161   161      
Issued, net (in shares)   13        
Repurchased (16)   (16)      
Restricted stock-based compensation expense 719   719      
Dividends (28,868)       (28,868)  
Comprehensive income:            
Net income 17,551     17,551    
Unrealized net gain on cash flow hedges 3,259         3,259
Subtotal - comprehensive income 20,810     17,551   3,259
Balance at Sep. 30, 2021 151,811 $ 138 268,232 698,278 (814,281) (556)
Balance, Shares at Sep. 30, 2021   13,784        
Balance at Jun. 30, 2021 155,364 $ 138 267,951 692,934 (804,632) (1,027)
Balance, Shares at Jun. 30, 2021   13,783        
Shares of Beneficial Interest:            
Issued, net 55   55      
Issued, net (in shares)   1        
Restricted stock-based compensation expense 226   226      
Dividends (9,649)       (9,649)  
Comprehensive income:            
Net income 5,344     5,344    
Unrealized net gain on cash flow hedges 471         471
Subtotal - comprehensive income 5,815     5,344   471
Balance at Sep. 30, 2021 151,811 $ 138 268,232 698,278 (814,281) (556)
Balance, Shares at Sep. 30, 2021   13,784        
Balance at Dec. 31, 2021 235,327 $ 138 268,515 789,559 (823,998) 1,113
Balance, Shares at Dec. 31, 2021   13,785        
Shares of Beneficial Interest:            
Issued, net 135   135      
Issued, net (in shares)   17        
Restricted stock-based compensation expense 591   591      
Dividends (29,314)       (29,314)  
Comprehensive income:            
Net income 15,471     15,471    
Unrealized net gain on cash flow hedges 11,417         11,417
Subtotal - comprehensive income 26,888     15,471   11,417
Balance at Sep. 30, 2022 233,627 $ 138 269,241 805,030 (853,312) 12,530
Balance, Shares at Sep. 30, 2022   13,802        
Balance at Jun. 30, 2022 234,646 $ 138 269,039 800,182 (843,515) 8,802
Balance, Shares at Jun. 30, 2022   13,801        
Shares of Beneficial Interest:            
Issued, net 42   42      
Issued, net (in shares)   1        
Restricted stock-based compensation expense 160   160      
Dividends (9,797)       (9,797)  
Comprehensive income:            
Net income 4,848     4,848    
Unrealized net gain on cash flow hedges 3,728         3,728
Subtotal - comprehensive income 8,576     4,848   3,728
Balance at Sep. 30, 2022 $ 233,627 $ 138 $ 269,241 $ 805,030 $ (853,312) $ 12,530
Balance, Shares at Sep. 30, 2022   13,802