Condensed Consolidated Statements of Equity - USD ($) $ in Thousands |
Total |
Common Stock |
Additional Paid-in Capital |
Distributions in Excess of Accumulated Earnings |
Accumulated Other Comprehensive Income |
Series B Preferred Stock |
Series B Preferred Stock
Preferred Stock
|
Series B Preferred Stock
Additional Paid-in Capital
|
Series B Preferred Stock
Distributions in Excess of Accumulated Earnings
|
Series C Preferred Stock |
Series C Preferred Stock
Preferred Stock
|
Series C Preferred Stock
Additional Paid-in Capital
|
Series C Preferred Stock
Distributions in Excess of Accumulated Earnings
|
Series E Preferred Stock |
Series E Preferred Stock
Preferred Stock
|
Series E Preferred Stock
Additional Paid-in Capital
|
| Beginning balance, preferred stock (in shares) at Dec. 31, 2023 |
|
|
|
|
|
|
5,956,065
|
|
|
|
10,156,509
|
|
|
|
235,841
|
|
| Beginning balance at Dec. 31, 2023 |
$ 719,613
|
$ 36
|
$ 856,206
|
$ (144,011)
|
$ 7,366
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Beginning balance, common stock (in shares) at Dec. 31, 2023 |
|
35,838,442
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Redemptions of preferred stock (in shares) |
|
|
|
|
|
|
(115,176)
|
|
|
|
(201,646)
|
|
|
|
0
|
|
| Redemption of preferred stock net |
|
|
|
|
|
$ (2,429)
|
|
$ (2,562)
|
$ 133
|
$ (4,202)
|
|
$ (4,574)
|
$ 372
|
|
|
|
| Issuance of stock, net (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,735
|
|
| Issuance of stock, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 341
|
|
$ 341
|
| Net income |
12,750
|
|
|
12,750
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends—cumulative redeemable preferred stock |
(18,247)
|
|
|
(18,247)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions—OP Units and common stock |
(15,031)
|
|
|
(15,031)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Comprehensive income (loss) attributable to the Company |
(1,591)
|
|
|
|
(1,591)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance, preferred stock (in shares) at Sep. 30, 2024 |
|
|
|
|
|
|
5,840,889
|
|
|
|
9,954,863
|
|
|
|
251,576
|
|
| Ending balance at Sep. 30, 2024 |
691,204
|
$ 36
|
849,411
|
(164,034)
|
5,775
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Ending balance, common stock (in shares) at Sep. 30, 2024 |
|
35,838,442
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance, preferred stock (in shares) at Jun. 30, 2024 |
|
|
|
|
|
|
5,901,330
|
|
|
|
10,070,467
|
|
|
|
247,981
|
|
| Beginning balance at Jun. 30, 2024 |
708,469
|
$ 36
|
853,302
|
(153,226)
|
8,341
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Beginning balance, common stock (in shares) at Jun. 30, 2024 |
|
35,838,442
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Redemptions of preferred stock (in shares) |
|
|
|
|
|
|
(60,441)
|
|
|
|
(115,604)
|
|
|
|
0
|
|
| Redemption of preferred stock net |
|
|
|
|
|
$ (1,296)
|
|
$ (1,345)
|
$ 49
|
$ (2,440)
|
|
$ (2,622)
|
$ 182
|
|
|
|
| Issuance of stock, net (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,595
|
|
| Issuance of stock, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 76
|
|
76
|
| Net income |
6
|
|
|
6
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends—cumulative redeemable preferred stock |
(6,024)
|
|
|
(6,024)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions—OP Units and common stock |
(5,021)
|
|
|
(5,021)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Comprehensive income (loss) attributable to the Company |
(2,566)
|
|
|
|
(2,566)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance, preferred stock (in shares) at Sep. 30, 2024 |
|
|
|
|
|
|
5,840,889
|
|
|
|
9,954,863
|
|
|
|
251,576
|
|
| Ending balance at Sep. 30, 2024 |
691,204
|
$ 36
|
849,411
|
(164,034)
|
5,775
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Ending balance, common stock (in shares) at Sep. 30, 2024 |
|
35,838,442
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance, preferred stock (in shares) at Dec. 31, 2024 |
|
|
|
|
|
5,840,889
|
5,840,889
|
|
|
9,954,863
|
9,954,863
|
|
|
252,436
|
252,436
|
|
| Beginning balance at Dec. 31, 2024 |
$ 687,182
|
$ 36
|
854,059
|
(174,561)
|
7,632
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Beginning balance, common stock (in shares) at Dec. 31, 2024 |
36,184,658
|
36,184,658
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Redemptions of preferred stock (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,400)
|
|
| Redemption of preferred stock net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (31)
|
$ (31)
|
(31)
|
| Issuance of stock, net (in shares) |
|
122,743
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of stock, net |
$ 1,128
|
|
1,128
|
|
|
|
|
|
|
|
|
|
|
$ (4)
|
|
(4)
|
| Net income |
9,317
|
|
|
9,317
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends—cumulative redeemable preferred stock |
(18,006)
|
|
|
(18,006)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions—OP Units and common stock |
(15,209)
|
|
|
(15,209)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Comprehensive income (loss) attributable to the Company |
(2,583)
|
|
|
|
(2,583)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance, preferred stock (in shares) at Sep. 30, 2025 |
|
|
|
|
|
5,840,889
|
5,840,889
|
|
|
9,954,863
|
9,954,863
|
|
|
251,036
|
251,036
|
|
| Ending balance at Sep. 30, 2025 |
$ 661,794
|
$ 36
|
855,152
|
(198,459)
|
5,049
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Ending balance, common stock (in shares) at Sep. 30, 2025 |
36,307,401
|
36,307,401
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance, preferred stock (in shares) at Jun. 30, 2025 |
|
|
|
|
|
|
5,840,889
|
|
|
|
9,954,863
|
|
|
|
251,636
|
|
| Beginning balance at Jun. 30, 2025 |
$ 670,073
|
$ 36
|
854,037
|
(189,474)
|
5,458
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Beginning balance, common stock (in shares) at Jun. 30, 2025 |
|
36,184,658
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Redemptions of preferred stock (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(600)
|
|
| Redemption of preferred stock net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (13)
|
$ (13)
|
$ (13)
|
| Issuance of stock, net (in shares) |
|
122,743
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of stock, net |
1,128
|
|
1,128
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income |
2,087
|
|
|
2,087
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends—cumulative redeemable preferred stock |
(6,002)
|
|
|
(6,002)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions—OP Units and common stock |
(5,070)
|
|
|
(5,070)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Comprehensive income (loss) attributable to the Company |
(409)
|
|
|
|
(409)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance, preferred stock (in shares) at Sep. 30, 2025 |
|
|
|
|
|
5,840,889
|
5,840,889
|
|
|
9,954,863
|
9,954,863
|
|
|
251,036
|
251,036
|
|
| Ending balance at Sep. 30, 2025 |
$ 661,794
|
$ 36
|
$ 855,152
|
$ (198,459)
|
$ 5,049
|
|
$ 6
|
|
|
|
$ 10
|
|
|
|
$ 0
|
|
| Ending balance, common stock (in shares) at Sep. 30, 2025 |
36,307,401
|
36,307,401
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|