Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

v3.26.1
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
Series E Preferred Stock
Distributions in Excess of Accumulated Earnings
Beginning balance, preferred stock (in shares) at Dec. 31, 2024             5,840,899       9,954,863       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                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Redemptions of preferred stock (in shares)                             (800)    
Redemption of preferred stock net                           $ (18) $ (18) $ (18)  
Issuance of stock, net                           $ (4)   (4)  
Net income (loss) 15,108     15,108                          
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 (1,318)       (1,318)                        
Ending balance, preferred stock (in shares) at Mar. 31, 2025             5,840,899       9,954,863       251,636    
Ending balance at Mar. 31, 2025 689,878 $ 36 854,037 (170,525) 6,314   $ 6       $ 10       $ 0    
Ending balance, common stock (in shares) at Mar. 31, 2025   36,184,658                              
Beginning balance, preferred stock (in shares) at Dec. 31, 2025           5,840,889 5,840,889     9,954,863 9,954,863     248,486 248,486    
Beginning balance at Dec. 31, 2025 $ 670,286 $ 38 870,847 (205,511) 4,896   $ 6       $ 10       $ 0    
Beginning balance, common stock (in shares) at Dec. 31, 2025 38,014,918 38,014,918                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Redemptions of preferred stock (in shares)             (39,122)       (84,775)       (10,360)    
Redemption of preferred stock net           $ (785)   $ (870) $ 85 $ (1,683)   $ (1,923) $ 240 $ (248) $ (248) (231) $ (17)
Issuance of stock, net (in shares)   3,744,263                              
Issuance of stock, net $ 36,735 $ 4 36,731                     $ (3)   $ (3)  
Net income (loss) (4,305)     (4,305)                          
Dividends—cumulative redeemable preferred stock (5,988)     (5,988)                          
Distributions—OP Units and common stock (5,762)     (5,762)                          
Comprehensive income (loss) attributable to the Company 78       78                        
Ending balance, preferred stock (in shares) at Mar. 31, 2026           5,801,767 5,801,767     9,870,088 9,870,088     238,126 238,126    
Ending balance at Mar. 31, 2026 $ 688,325 $ 42 $ 904,551 $ (221,258) $ 4,974   $ 6       $ 10       $ 0    
Ending balance, common stock (in shares) at Mar. 31, 2026 41,759,181 41,759,181