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Consolidated Statements of Equity - USD ($)
Total
Cumulative-effect adjustment upon adoption of ASU 2016-13 (Note 2)
Total Stockholders' Equity
Total Stockholders' Equity
Cumulative-effect adjustment upon adoption of ASU 2016-13 (Note 2)
Common Stock
Preferred Stock
Additional Paid-in Capital
Distributions in Excess of Earnings
Distributions in Excess of Earnings
Cumulative-effect adjustment upon adoption of ASU 2016-13 (Note 2)
Noncontrolling Interests
Series A1 Preferred Stock
Series A1 Preferred Stock
Total Stockholders' Equity
Series A1 Preferred Stock
Common Stock
Series A1 Preferred Stock
Preferred Stock
Series A1 Preferred Stock
Additional Paid-in Capital
Series A1 Preferred Stock
Distributions in Excess of Earnings
Series D Preferred Stock
Series D Preferred Stock
Total Stockholders' Equity
Series D Preferred Stock
Preferred Stock
Series D Preferred Stock
Distributions in Excess of Earnings
Series A Preferred Stock
Series A Preferred Stock
Total Stockholders' Equity
Series A Preferred Stock
Common Stock
Series A Preferred Stock
Preferred Stock
Series A Preferred Stock
Additional Paid-in Capital
Series A Preferred Stock
Distributions in Excess of Earnings
Beginning balance (in shares) at Dec. 31, 2022         2,273,785                                          
Beginning balance at Dec. 31, 2022 $ 362,033,000 $ (619,000) $ 361,660,000 $ (619,000) $ 23,000 $ 337,762,000 $ 861,721,000 $ (837,846,000) $ (619,000) $ 373,000       $ 147,514,000         $ 1,200,000         $ 189,048,000    
Beginning balance (in shares) at Dec. 31, 2022           13,570,353               5,956,147         48,857         7,565,349    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Contributions to noncontrolling interests 5,002,000                 5,002,000                                
Distributions to noncontrolling interests (38,000)                 (38,000)                                
Stock-based compensation expense (in shares)         4,888                                          
Stock-based compensation expense 183,000   183,000       183,000                                      
Common dividends (7,740,000)   (7,740,000)         (7,740,000)                                    
Issuance of A1 Preferred Stock (in shares)                           4,507,292                        
Issuance of A1 Preferred Stock                     $ 101,729,000 $ 101,729,000   $ 111,520,000 $ (9,791,000)                      
Redemption of Preferred Stock (in shares)                           (85,096)         (410)         (823,681)    
Redemption of Preferred Stock                     (2,025,000) (2,025,000)   $ (2,099,000) 173,000 $ (99,000) $ (10,000) $ (10,000) $ (10,000)   $ (20,182,000) $ (20,182,000)   $ (20,505,000) $ 1,735,000 $ (1,412,000)
Dividends to holders of Series Preferred Stock                     $ (14,825,000) (14,825,000)       (14,825,000) $ (69,000) (69,000)   $ (69,000) (10,830,000) (10,830,000)       (10,830,000)
Reclassification of Series A preferred Stock to permanent equity (in shares)                                               690,171    
Reclassification of Series A Preferred stock to permanent equity 15,616,000                                       $ 15,616,000 15,616,000   $ 17,161,000 (1,545,000)  
Net loss $ (51,456,000)   (48,485,000)         (48,485,000)   (2,971,000)                                
Ending balance (in shares) at Dec. 31, 2023 2,278,674       2,278,673                                          
Ending balance at Dec. 31, 2023 $ 376,769,000   374,403,000   $ 23,000 $ 443,829,000 852,476,000 (921,925,000)   2,366,000       $ 256,935,000         $ 1,190,000         $ 185,704,000    
Ending balance (in shares) at Dec. 31, 2023           17,858,629         10,378,343     10,378,343     48,447   48,447   7,431,839     7,431,839    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Distributions to noncontrolling interests (43,000)                 (43,000)                                
Stock-based compensation expense (in shares)         10,784                                          
Stock-based compensation expense 220,000   220,000       220,000                                      
Common dividends (3,874,000)   (3,874,000)         (3,874,000)                                    
Common dividends - stock dividend (in shares)         168,464                                          
Common dividends - stock dividend 0   0   $ 3,000   3,336,000 (3,339,000)                                    
Issuance of A1 Preferred Stock (in shares)                           853,879                        
Issuance of A1 Preferred Stock                     $ 19,066,000 19,066,000   $ 21,246,000 (2,180,000)                      
Redemption of Preferred Stock (in shares)                     (183,081)     (88,015)             (2,330,186)     (941,687)    
Redemption of Preferred Stock                     $ (2,043,000) (2,043,000)   $ (2,177,000) 191,000 (57,000)         $ (23,279,000) (23,279,000)   $ (23,501,000) 2,015,000 (1,793,000)
Redemption of preferred stock paid in common stock (in shares)                         4,817,486 2,771,518                 4,379,099 2,364,789    
Redemption of Preferred Stock paid in Common Stock                     (2,148,000) (2,148,000) $ 48,000 $ (68,617,000) $ 74,793,000 (8,372,000)         (2,213,000) (2,213,000) $ 45,000 $ (58,877,000) $ 64,122,000 (7,503,000)
Dividends to holders of Series Preferred Stock                     (21,059,000) $ (21,059,000)       $ (21,059,000) $ (68,000) $ (68,000)   $ (68,000) $ (8,559,000) $ (8,559,000)       $ (8,559,000)
Reclassification of Series A Preferred stock to permanent equity 0                   $ 0                              
Redeemable preferred stock accretion (755,000)   (755,000)         (755,000)                                    
Net loss $ (25,750,000)   (25,175,000)         (25,175,000)   (575,000)                                
Ending balance (in shares) at Dec. 31, 2024 11,654,506       11,654,506                                          
Ending balance at Dec. 31, 2024 $ 306,264,000   $ 304,516,000   $ 119,000 $ 311,903,000 $ 994,973,000 $ (1,002,479,000)   $ 1,748,000       $ 207,387,000         $ 1,190,000         $ 103,326,000    
Ending balance (in shares) at Dec. 31, 2024           12,546,499         8,372,689     8,372,689     48,447   48,447   4,125,363     4,125,363