Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.10.0.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
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, 2015   2,150,000 22,485,607 972,214          
Beginning balance at Dec. 31, 2015 $ 233,871 $ 2 $ 22 $ 1 $ 418,897   $ (185,051) $ 233,871  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of Series A and B preferred stock and common stock, net (in shares)   114,000 2,397,151 0          
Issuance of Series A and B preferred stock and common stock, net 44,720   $ 3 $ 0 44,717     44,720  
Retirement of senior common stock (in shares)       (12,662)          
Retirement of senior common stock, net (178)       (178)     (178)  
Distributions declared to common, senior common, preferred stockholders and Non-controlling OP Unit holders (42,494)           (42,494) (42,494)  
Comprehensive income 0                
Net income (loss) 3,958           3,958 3,958  
Net income (loss) 3,958                
Ending balance (in shares) at Dec. 31, 2016   2,264,000 24,882,758 959,552          
Ending balance at Dec. 31, 2016 239,877 $ 2 $ 25 $ 1 463,436   (223,587) 239,877  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of Series A and B preferred stock and common stock, net (in shares)   0 3,455,023            
Issuance of Series A and B preferred stock and common stock, net 71,381   $ 3   71,378     71,381  
Conversion of senior common stock to common stock (in shares)     46,235 (53,135)          
Retirement of senior common stock (in shares)       (1,598)          
Retirement of senior common stock, net (24)       (24)     (24)  
Distributions declared to common, senior common, preferred stockholders and Non-controlling OP Unit holders (50,408)           (50,408) (50,408)  
Comprehensive income 35         $ 35   35  
Net income (loss) 5,937           5,937 5,937  
Net income (loss) 5,937                
Ending balance (in shares) at Dec. 31, 2017   2,264,000 28,384,016 904,819          
Ending balance at Dec. 31, 2017 266,798                
Ending 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)   0 841,338            
Issuance of Series A and B preferred stock and common 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             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)  
Issuance of Non-controlling OP Units as consideration in real estate acquisitions, net 13,975               13,975
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership         9,118     9,118 (9,118)
Net income (loss) 12,320                
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 249,744                
Ending balance at Dec. 31, 2018 $ 254,419 $ 2 $ 29 $ 1 $ 559,977 $ (148) $ (310,117) $ 249,744 $ 4,675