Quarterly report [Sections 13 or 15(d)]

Equity and Mezzanine Equity - Schedule of Changes in Stockholders' Equity (Details)

v3.25.2
Equity and Mezzanine Equity - Schedule of Changes in Stockholders' Equity (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period     $ 171,301  
Comprehensive (loss) income $ (2,344) $ 470 (6,360) $ 5,888
Reclassification into interest expense 0 (8) (15) (113)
Net income 4,634 1,600 9,773 5,125 [1]
Balance, end of period 177,321 145,821 177,321 145,821
Total Stockholders' Equity        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 183,216 147,313 171,171 153,280
Issuance of common stock and preferred stock, net 6,913 10,649 33,885 10,846
Redemption of OP Units 0 3,865 0 3,865
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (5) (3,119) (20) (3,162)
Comprehensive (loss) income (2,344) 470 (6,360) 5,888
Reclassification into interest expense 0 8 15 113
Distributions declared to common, senior common, and preferred stockholders (17,045) (15,341) (33,653) (30,560)
Net income 4,633 1,611 9,770 5,134
Balance, end of period 177,191 145,707 177,191 145,707
Total Stockholders' Equity | Series F Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Redemption of Series F preferred stock, net 1,823 251 2,383 303
Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 45 40 44 40
Issuance of common stock and preferred stock, net 1 1 2 1
Balance, end of period 46 41 46 41
Common Stock | Senior Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 1 1 1 1
Issuance of common stock and preferred stock, net 0 0 0 0
Balance, end of period 1 1 1 1
Preferred Stock | Series F Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 1 1 1 1
Issuance of common stock and preferred stock, net 0 0 0 0
Redemption of Series F preferred stock, net 0 0 0 0
Balance, end of period 1 1 1 1
Additional Paid in Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 811,915 730,465 784,389 730,256
Issuance of common stock and preferred stock, net 6,912 10,648 33,883 10,845
Redemption of OP Units 0 3,865 0 3,865
Redemption of Series F preferred stock, net 1,812 255 2,382 310
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (5) (3,119) (20) (3,162)
Balance, end of period 820,634 742,114 820,634 742,114
Accumulated Other Comprehensive Income        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 6,647 13,281 10,648 7,758
Comprehensive (loss) income (2,344) 470 (6,360) 5,888
Reclassification into interest expense 0 8 15 113
Balance, end of period 4,303 13,759 4,303 13,759
Distributions in Excess of Accumulated Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period (635,393) (596,475) (623,912) (584,776)
Distributions declared to common, senior common, and preferred stockholders (17,045) (15,341) (33,653) (30,560)
Net income 4,633 1,611 9,770 5,134
Balance, end of period (647,794) (610,209) (647,794) (610,209)
Distributions in Excess of Accumulated Earnings | Series F Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Redemption of Series F preferred stock, net 11 (4) 1 (7)
Non-Controlling Interest        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 136 938 130 986
Redemption of OP Units 0 (3,865) 0 (3,865)
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership 5 3,119 20 3,162
Distributions declared to common, senior common, and preferred stockholders (12) (67) (23) (160)
Net income 1 (11) 3 (9)
Balance, end of period $ 130 $ 114 $ 130 $ 114
[1] Prior period conformed to current presentation.