Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.20.4
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Series F Preferred Stock
Series A and B Preferred Stock
Common Stock and Non-controlling OP Units
Common Stock and Non-controlling OP Units
Senior Common Stock
Additional Paid in Capital
AOCI Attributable to Parent
Distributions in Excess of Accumulated Earnings
Total Stockholders' Equity
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2017     2,264,000 28,384,016 904,819          
Beginning balance at Dec. 31, 2017 $ 266,798   $ 2 $ 28 $ 1 $ 534,790 $ 35 $ (268,058) $ 266,798 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of Series A and B preferred stock and common stock, net (in shares)       841,338            
Issuance of common stock and Series F preferred stock, net 16,104     $ 1   16,103     16,104  
Conversion of senior common stock to common stock (in shares)       (29,545) (36,294)          
Conversion of senior common stock to common stock 0                  
Retirement of senior common stock (in shares)         (2,266)          
Retirement of senior common stock, net (34)         (34)     (34)  
Distributions declared to common, senior common, preferred stockholders and Non-controlling OP Unit holders (54,565)             (54,379) (54,379) (186)
Comprehensive income (183)           (183)   (183)  
Redemptions of OP Units 13,975                 13,975
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership 0         9,118     9,118 (9,118)
Net income (loss) 12,324             12,320 12,320 4
Ending balance (in shares) at Dec. 31, 2018     2,264,000 29,254,899 866,259          
Ending balance at Dec. 31, 2018 254,419   $ 2 $ 29 $ 1 559,977 (148) (310,117) 249,744 4,675
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of Series A and B preferred stock and common stock, net (in shares)       3,025,727            
Issuance of common stock and Series F preferred stock, net 64,542     $ 3   64,539     64,542  
Conversion of senior common stock to common stock (in shares)       (49,725) (59,824)          
Conversion of senior common stock to common stock 0                  
Redemption of Series A and B preferred stock, net (in shares)     (2,264,000) (263,300)            
Redemption of Series A and B preferred stock, net (56,600)   $ (2)     (53,924)   (2,674) (56,600)  
Distributions declared to common, senior common, preferred stockholders and Non-controlling OP Unit holders (58,887)         (23)   (57,815) (57,838) (1,049)
Comprehensive income (1,978)           (1,978)   (1,978)  
Redemptions of OP Units 0         6,143     6,143 (6,143)
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership 0         (5,507)     (5,507) 5,507
Net income (loss) 9,541             9,628 9,628 (87)
Ending balance (in shares) at Dec. 31, 2019     0 32,593,651 806,435          
Ending balance at Dec. 31, 2019 211,037   $ 0 $ 32 $ 1 571,205 (2,126) (360,978) 208,134 2,903
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of Series A and B preferred stock and common stock, net (in shares)   116,674   2,691,971            
Issuance of common stock and Series F preferred stock, net 55,488     $ 3   55,485     55,488  
Conversion of senior common stock to common stock (in shares)       (46,348) (56,063)          
Conversion of senior common stock to common stock 0                  
Distributions declared to common, senior common, preferred stockholders and Non-controlling OP Unit holders (63,757)         0   (63,001) (63,001) (756)
Comprehensive income (2,219)           (2,219)   (2,219)  
Redemptions of OP Units 503                 503
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership 0         (157)     (157) 157
Net income (loss) 14,985             14,938 14,938 47
Ending balance (in shares) at Dec. 31, 2020   116,674 0 35,331,970 750,372          
Ending balance at Dec. 31, 2020 $ 216,037   $ 0 $ 35 $ 1 $ 626,533 $ (4,345) $ (409,041) $ 213,183 $ 2,854