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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common Stock
Paid-in Capital
Distributions in Excess of Accumulated Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests – Common OP Units
Beginning balance at Dec. 31, 2022 $ 1,517,485 $ 1,916 $ 1,628,618 $ (204,248) $ 19,119 $ 72,080
Increase (Decrease) in Stockholders' Equity            
Exchange of Common OP Units for Common Stock 0   198     (198)
Issuance of Common Stock through employee stock purchase plan 363   363      
Compensation expenses related to restricted stock and stock options 2,549   2,549      
Repurchase of Common Stock or Common OP Units (1,932)   (1,932)      
Adjustment for Common OP Unitholders in the Operating Partnership 0   168     (168)
Adjustment for fair market value of swap (3,978)       (3,978)  
Consolidated net income 86,459     82,371   4,088
Distributions (87,462)     (83,326)   (4,136)
Other (98)   (98)      
Ending balance at Mar. 31, 2023 1,513,386 1,916 1,629,866 (205,203) 15,141 71,666
Beginning balance at Dec. 31, 2023 1,498,621 1,917 1,644,319 (223,576) 6,061 69,900
Increase (Decrease) in Stockholders' Equity            
Issuance of Common Stock through employee stock purchase plan 382   382      
Compensation expenses related to restricted stock and stock options 1,716   1,716      
Repurchase of Common Stock or Common OP Units (1,908)   (1,908)      
Adjustment for Common OP Unitholders in the Operating Partnership 0   58     (58)
Adjustment for fair market value of swap (781)       (781)  
Consolidated net income 115,271     109,905   5,366
Distributions (93,398)     (89,050)   (4,348)
Other (157)   (157)      
Ending balance at Mar. 31, 2024 $ 1,519,746 $ 1,917 $ 1,644,410 $ (202,721) $ 5,280 $ 70,860